Selling your products can now be even easier with help of e-commerce, you’ll be joining a whole host of like-minded business entrepreneurs who have opted to benefit from the modern way of purchasing- E-commerce revolves around buying and selling online.
Electronic commerce – it’s more formal name – was introduced in the 60’s via an electronic data interchange (EDI) on value-added networks (VANs). Since then this increased availability of Internet access for online sellers through the 1990s and early 2000s era, this continued to evolve with smartphone devices able to sell products via an app – 2014 saw Facebook drive 85 percent of social media-originating sales on e-commerce platforms.
The two times of e-commerce you may use are Business to Business (B2B) and Business to Consumer (B2C). Businesses such as manufacturers, retailers and traders will use this service for everyday transactions.
Any form of business transaction conducted electronically is e-commerce, especially online – this is something your business can benefit from as your brand takes off and generates more sales.
A very popular example of e-commerce is buying and selling your products online, you can create the online equivalent of a retail outlet on your company website. Customers can view the site and browse through the products with option to buy and put into a ‘shopping basket’ – the service Amazon provides is testament to this example of e-commerce.
You can perform the transactions via your online banking operations with credit or debit cards, without visiting your physical bank branch. This in turn eradicates the need for writing and mailing bank cheques, providing a safe payment option for customers and receiving payments from these customers to your company.
E-commerce effectively acts like a mechanism for your customers to pay online, using payment processors and gateways. This efficient mechanism also benefits online auctions and ticketing purposes. Many revert to firms online such as eBay to find their bargains and quick buys, avoiding regular high street shopping. Tickets and reservations can also benefit from this service, it is an added handy tool of buying your train and movie tickets without standing around in a long que.
Nevill Media have a wealth of experience within the e-commerce era, not only is it an easy to use service saving time and distance. In this instance, e-commerce usually streamlines operations and lowers your business costs.
If you would like to learn more about how e-commerce can benefit you, you can visit our contact page on our website today!