Best E-commerce Platforms to Start your Online Store

Do you want to make cash online? Do you dream of owning your own online store? Do you want to find the best E-commerce platforms to start your online store?

 

WHAT IS E-COMMERCE?

E-commerce is commonly known to be internet commerce who managed to grab the attention of 7.7 billion people all over the globe by the year 2020. Its advent created much hype when businesses started to move towards disintermediation by initiating an online purchase of goods and services.

E-commerce platform profoundly optimizes the user’s experience in buying or selling of goods and services. This channel enables the exchange of products and services that holds value in the eyes of the customers, commercial enterprises, and government bodies.

E-commerce often refers to the sale of tangible products online, but it is also able to describe any type of business transaction; this is facilitated via the internet.

 

Various Types of Ecommerce

There are four main classes of E-commerce models that may describe almost every transaction that takes area between consumers and businesses.

1-Business to Consumer (B2C):

B2C, or business-to-purchaser, is utilized to depict a trade exchange between a business and an end shopper. Customarily, the term alluded to the way toward selling items legitimately to buyers, remembering looking for a store or eating in an eatery. Today it portrays exchanges between online retailers and their clients.

 2. Business to Business (B2B):

Business-to-business – “B2B” – alludes to trade between two organizations instead of to trade between a business and an individual customer. Exchanges at the discount level are normally business-to-business, while those at the retail level are regularly business-to-customer (B2C).

 3. Consumer to Consumer (C2C):

Consumer-to-purchaser (C2C) markets give an inventive method to permit clients to associate with one another. Conventional markets expect business to client connections, in which a client goes to the business to buy an item or administration.

In client to client advertises, the business encourages a situation where clients can offer merchandise or administrations to one another.

4. Consumer to Business (C2B):

Consumer to business (C2B) is a plan of action where an end client or buyer makes an item or administration that an association uses to finish a business procedure or increase the upper hand.

The C2B technique transposes the conventional business-to-shopper (B2C) model, where a business produces administrations and items for purchaser utilization.

Online Store Introduction

Web-based shopping is one of the usually utilized modes for advantageous shopping. It is, indeed, a well-known method for shopping among the Internet people group.

Regardless of garments, hardware, or pets, a web-based shopping pattern is getting increasingly well known as time passes.

Many sites and applications are being made and conveyed each year to provide food with this rising interest of happy with shopping patterns as demonstrated as follows: Share of internet users who have purchased selected products online in the past 12 months as of 2018.

The above graph depicts that 57% of buyers are interested in online shopping of clothes, out of which 40% of them buy from Amazon.

Importance and Benefits of an Online Store

The reason for internet shopping is to spare time, set aside cash. One can watch and select the things he needs to purchase.

See this Global e-commerce stats

The global online shopping market size is estimated to hit 4, 000,000,000,000 in 2020, and in the US alone, the number of online shoppers is predicted to be 300 million by the year 2030.

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