Ecommerce platform

A software application that allows online business to manage websites, sales and operations is termed as E commerce platform. There are many ways to classify different types of ecommerce platforms. Self-hosted ecommerce platforms require online store owners to find hosting and to deal with installations, also to perform updates to the software. Hosted ecommerce platforms remove much of the complexity from running an online business. Ecommerce platforms offer a handful of operational benefits and business tools which include product management suite, Merchandising, Pricing, Promotions, Search capabilities, ability to personalize sales and services to your liking etc.

Nowadays people are giving more preference to Multi-vendor E-commerce business In Single-vendor website we have to invest our own ideas and strategies and it takes a lot of time but on the other hand, the Multi-vendor business is less time-consuming. In Multi-vendor E-commerce, we don’t need to think about the infrastructure of traffic, payment getaway and so on. In Multi-vendor we don’t find the feature as single vendor in which the single vendor e-commerce website, the vendor has full right to change anything according to his need and he has full access to the website. There is only less freedom in Multi-vendor Marketplace. It was already built. All we going to do is register a profile and sell our products. But in Single-vendor we don’t have all these advantages.

E commerce platform also termed as software technology solution that allows you to build storefronts . An ecommerce platform should include certain features such as it should run on a single, unified platform or provide a 360° customer view, Intelligent to manage orders, deliver innovative customer experiences, Support unlimited expansion etc. Ecommerce platforms include many core business functions including integrated into a single solution; it fosters improved collaboration, aligns operational processes and provides real-time data visibility across entire organizations. Now, the ecommerce platforms of today have moved beyond single purpose software that enables people to simply buy products and services online. For more

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Ecommerce

E-commerce business models can generally be categorized into the many categories such as Business - to - Business ( B2B ), Business - to - Consumer (B2C) , Consumer - to - Consumer (C2C), Consumer - to - Business (C2B), Business - to - Government (B2G), Government - to - Business (G2B), Government - to - Citizen (G2C) etc. Business - to – Business model sells its products to an intermediate buyer who then sells the product to the final customer. An example include a wholesaler places an order from a company's website and after receiving the consignment, sells the end product to the final customer who comes to buy the product at one of its retail outlets. Business - to – Consumer model sells its products directly to a customer. Consumer - to – Consumer business model helps consumers to sell their assets like residential property, cars, motorcycles, etc., or rent a room by publishing their information on the website. In Consumer - to – Business a consumer approach...

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E-commerce is a transaction of buying or selling online. Electronic commerce draws on technologies such as mobile commerce , electronic funds transfer, supply chain management, Internet marketing , online transaction processing , electronic data interchange (EDI), inventory management systems, and automated data collection systems. Modern electronic commerce typically uses the World Wide Web for at least one part of the transaction's life cycle although it may also use other technologies such as e-mail. E-commerce (electronic commerce or EC) is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet. These business transactions occur either as business-to-business, business-to-consumer, consumer-to-consumer or consumer-to-business. The terms e-commerce and e-business are often used interchangeably . Future Trends: Turning Challenge Into Opportunity Social Commerce Com...

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