| Do you want to learn about ecommerce business? Following the escalated internet penetration around the globe, many businesses have taken their business online and are generating huge sales. Bill Gates famously said, “If your business is not on the internet, then your business will be out of businessâ€
I came across this article by IMarena.net that explains everything you need to know about ecommerce business.
In the post by renowned digital marketing consultant, Dede Dan, you will learn the following:
â— What is ecommerce business?
â— The 6 traditional ecommerce business models
â— Ecommerce fulfillment models
â— The elements of a Good Ecommerce Website.
â— Different Ecommerce Website Platforms
Meanwhile, let me explain a bit more details about the article.
What Is E-Commerce Business?
Ecommerce, which simply means electronic commerce, is run the same way a physical business is run, except that this time, the buying and selling is done via the internet.
It goes on to list what makes an ecommerce business to be successful.
It also lists the six traditional models of ecommerce, which includes:
1. B2C - (Business to Consumer).
Which is a type of ecommerce business model that deals with transactions made directly between a business and the consumer.
2. B2B - (Business to Business).
This is an ecommerce business model where businesses sell to another business.
3. C2B - (Consumer to Business).
C2B model exists where consumers sell their service or products to businesses.
4. C2C - (Consumer to Consumer).
C2C is a business model where consumers sell to consumers.
Then the article outlines the 3 major Ecommerce Fulfillment Models, which are:
Direct to Consumer (DTC).
Which is a fulfilment model where the seller makes his product or service directly available to the consumer after purchase. Most digital products follow the DTC fulfilment model and are delivered to the consumer almost instantly.
â— Third Party Fulfillment Models.
Third Party fulfilment model is a method where a business engages the services of a logistics company to handle both sorting, packaging and shipping of their customer’s orders.
â— Dropshipping Fulfillment Model
Which is a method where the manufacturer does the fulfilment to the consumer on the retailer request without the consumer knowing it came from the manufacturer.
The elements of a Good Ecommerce Website Design.
The article goes on to list the elements of a good ecommerce business website. You need to see the listed elements of a good ecommerce website design as listed by Dede Dan. As usual in his business growth blog articles, it is very detailed.
Different Ecommerce Website Platforms
Also enumerated in the article are the ecommerce website platforms, which can be used to host ecommerce businesses, and these include:
â— Saas-hosted ecommerce platforms like shopify, magento etc.
â— Self-hosted ecommerce websites like woocommerce, opencart etc.
The article is very educating and informative. You do not want to miss it explanatory If you want to learn more about the ecommerce business, then See the link to the full article in the description of this video below.
https://imarena.net/ecommerce-business/
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