What is Ecommerce? Definitions, Examples, And The Origin of Online Shopping

Think about your audience who don’t work normal hours or who are too busy to pop into a shop to buy something. An ecommerce store allows you to attract those who may have odd work schedules or who don’t have time to shop in-person. Sign up for Handshake, Shopify's wholesale marketplace, and browse thousands of quality, US-based suppliers for free. Become provides you with easy online application services to access loans from third party lenders.

Why do we need ecommerce?

Simplified buying process

Because buying online doesn't require a visit to a retail store and products can be shipped from any place in the world, consumers aren't limited to shops in their local vicinity and spend less time shopping. That's what makes e-commerce an attractive alternative for them.

Which means most of Google searches are made with a purchase intention. On the other hand, an e-business often refers to a B2B consultancy agency that receives inquiries from potential clients. There, the sales process is more complex and requires introductions, sales calls, a proposal, and an onboarding process in order to work. 

So the actual “transaction” is only one part of the business operation. Our mission is to provide an online platform to help students to discuss anything and everything about Economics. This website includes study notes, research papers, essays, articles and other allied information submitted by visitors like YOU.

E-Commerce – Objectives: Development of Business-Relationship, Better-Customer Service and Getting More Customers

E-commerce will allow users to establish an account and obtain real-time information about cargo shipments. They may also create and submit bills of lading, place a cargo order, analyse charges, submit a freight claim, and carry out many other functions. E-Commerce also allows suppliers to gather personalized data on customers. 

Building customer profiles as well as collecting data on certain groups of customers, can be used as a source of information for improving products or designing new ones. This type of data and message security needs security measures like encryption, password protection etc. Similarly network security measures like firewall needs to be installed so that intruders are not able to make authorized access to corporate network.

What are examples of e-business?

Examples include reverse online auctions and airline ticket websites such as Priceline and Expedia. Consumer-to-consumer (C2C) model. Consumers are buyers and sellers via third-party-facilitated online marketplaces such as eBay.

Magento is a also a subscription-based mobile-friendly service that provides a subdomain alongside a hosting space for your ecommerce store where you can also hook up your own domain name. Its features include product management, order management, multiple payment gateways, basic customer management, 100+ professional themes, and unlimited bandwidth. It allows you to easily offer discounts and coupon codes on your store.