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What you should know about e-commerce

by ghulammohd1 ghulammohd1

The e-commerce or e – commerce , works by different platforms, as they can be social networks, e-mail or sites dedicated exclusively to buying and selling various products and / or services according to the needs of the user.

The growth and boom of social networks and commercial exchange pages have gained great strength in recent years. They have been a fairly reliable option for those who want to purchase or offer products without having to move from one place to another.

Advantages of e-commerce

  • You can purchase products from your home, office or another place that does not require moving to other places such as the physical store.
  • No additional costs such as payment of transport to the site.
  • Easy payment. Nowadays the internet is a basic service, therefore it is very likely that you have this service to make the payment or receive the money of the transaction at the moment.

Disadvantages of e-commerce

  • Bad internet service. It depends on the country where you are, the quality of your internet will vary a lot and not having or having a bad service from it, makes an effective negotiation almost impossible.
  • If you are not very given to technology, it will probably be difficult for you to understand the payment system a bit (although it is usually easy).
  • Bank account disaffiliation. Not having a user electronically affiliated to the bank account, or not even having a credit card (many sites require it), it becomes difficult at the time of making the transaction.

Some examples of e-commerce that you should know

Many forms of e-commerce abound , here are some of the best known:

  • Amazon: This belongs to a  group known as B2C.
  • Coca-Cola: this being a wholesale company sells its products to a retail company (stores, warehouses, among others) it belongs to a group known as B2B.
  • Companies that transact with their employees, for example banks, belong to a group known as B2E.

E-commerce models

There are several sites dedicated to e-commerce. Here are some examples to help you understand the world of e-commerce more :

  • Online Stores : They work like a physical store but it is adapted to the internet service, the payment methods vary according to the country. Eg: Pizza hot (food), Adidas (shoes), among others.
  • Marketplace : Platform used to recommend some stores or sites for the acquisition of a service. Ex: Amazon.
  • Affiliate services : This corresponds to sites that serve as intermediaries to make the purchase or sale against other companies.

E-commerce features

  • It is done online (via the internet) although we had mentioned it previously, it is good to emphasize it.
  • Exchange of financial data to carry out transactions both nationally and internationally.
  • It is ambiguous, it can be sold like buying services and products.

How does e-commerce work?

You will think that it is difficult but it really is very easy, even the different platforms explain many times how it is done.

It is done through social networks, e-mail (electronic mail), shopping carts (this option was popularized by the Amazon site), the exchange and transfer of data (EDI / FTP) and different platform services on the web.

In general, electronic commerce works in this way:

  • A person sitting in front of his computer, orders a product online.
  • Communication is established through the web to execute the order, where the order manager asks if the product is available or not.
  • Then the product is purchased through the bank and if the payment is made successfully, the transaction is confirmed and then the product is shipped.
  • Once the product or service is shipped, it is notified by email for confirmation and delivery is carried out.

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