What is E-Commerce?
E-Commerce is made up of two words the first word is “E” and the second word is “Commerce”. Which full form is “Electronic Commerce”. The meaning of both words is “E” which means electronic network and “Commerce “which means buying and selling products or goods and services with the help of the internet.
Nowadays many big companies do their business with the help of E-Commerce. The such company name is OLX, Amazon, Flipkart, eBay, Paytm, etc these all company are doing E-Commerce business and earn much much popularity or make a huge amount of revenue.
E-Commerce is made up of two words the first word is “E” and the second word is “Commerce”. Which full form is “Electronic Commerce”. The meaning of both words is “E” which means electronic network and “Commerce “which means buying and selling products or goods and services with the help of the internet.
Nowadays many big companies do their business with the help of E-Commerce. The such company name is OLX, Amazon, Flipkart, eBay, Paytm, etc these all company are doing E-Commerce business and earn much much popularity or make a huge amount of revenue.
Types of E-Commerce
There are mainly six types of E-Commerce
• Business-to-Business (B2B)
• Business-to-Consumer (B2C)
• Consumer-to-Consumer (C2C)
• Consumer-to-Business (C2B)
• Business-to-Administration (B2A)
• Consumer-to-Administration (C2A)
A full explanation of E-Commerce is as follows
• Business-to-Business (B2B)- in this type of E-Commerce all deal of Goods and services is done between the two companies.
This organization makes its product and sell to other organizations it may including wholesalers, retailer as well as producer. But all transaction is done between two organization, companies, or producer only.
• Business-to-Consumer (B2C)- in this type of E-Commerce business the transaction of all goods and services is done between the organization to the consumer only.
Almost the whole world does their shopping on E-Commerece platforms such as Amazon, Flipkart, shop clue, eBay, etc. these big E-Commerce platforms do their marketing on the online platform. Numbers of customer do their shopping on this online platform and save their time and gets the number of variety of product to choose from.
• Consumer-to-Consumer (C2C) – in this E-Commerce business the transaction is done between two consumers only. Such as OLX, eBay, Quicker, etc. these sites any consumer to sell their product to other consumers. With the help of these websites, any consumer sells or purchase any product from another consumer.
• Consumer-to-Business (C2B)- with this platform the consumer sells his product or services to the organization. In this, any individual makes their product, design, logo, etc for any organization and sells it to them. This platform gives opportunities to individuals to do their E-Commerce business to well develop their organization. With this E-Commerce platform, you can do their work with the website also such as “Freelancer”.
• Business-to-Administration (B2A)- in this type of E-Commerce business all transaction of goods and services is done between the company and public administration. Business-to-Administration is also known as Government Business. This E-Commerce business includes many services like social security, employment, legal documents, etc.
• Consumer-to-Administration (C2A)- in this type of E-Commerce platform all transaction of goods and services is done between the individual and administration. In this services are done like distance learning, information sharing, electronic tax filing, etc. Consumer-to-Administration also has a second name i.e. Government to Citizen.
Why do you do an E-Commerce course?
This course is for freshers in eCommerce marketing. This course will teach you the importance of eCommerce and give you all the essential guidelines on how to run and manage online marketing on an online platform.
you’ll also learn how to create an online website to sell your product or services. and you’ll learn how to do market research and how to use paid ads to reach your target audience and sell more products or services in a very short time.
The E-commerce training course is a good and well-structured program that is worthwhile for every learner.
E-Commerce online course is
This course is taught you a full-service eCommerce business. This course is best for beginners. If you want to make your business in this sector then you must look at which course is taught in e-commerce.
• E-commerce marketing and how it works
• How to build an eCommerce strategy
• How to use Shopify with eCommerce
• How to integrate Shopify.
How do you get E-Commerce certified?
When completing the Google eCommerce course. When your completion of the course and pass all graded exams, you can get a certificate of completion as soon as possible. When you register for the Google certificate and complete all courses in E-commerce, the Google Digital Marketing & eCommerce professional certificate is provided to you as soon as possible.
Application of E-commerce
e-commerce can use in many places such as
1. E- Retailing
e-commerce is also used in doing E- Retailing. E- Retailing means selling goods and marketing on online platforms. if we want to sell our product on the online platform we must create online shopping apps or websites and then have to make a list of the goods which we want to sell to the customer.
2. Online Marketing
We are very well known that E-Commerce is also used to do online marketing. To do online marketing we need to provide all information related to our product to the customer, then the customer will be ready to buy our product.
3. Finance
E-commerce is not just only for selling products or services, shopping, etc. platform but E-Commerce is also used in Bank and Stock exchanges for their operation.
Today we keep our bank accounts at our fingertips. Today we easily do our bank transactions sitting at home this has possible only through E-Commerce.
Nowadays we can easily analyze the market and we can easily do online stock trading and increase our share price.
4. Trade
E-Commerce provides opportunities to all small or big business traders to take their offline business to the online platform with the help of E-Commerce. We have known how much E-Commerce become popular in the field of business with the use of e-commerce business you can easily advertise your product and provide all information about your brand to the customer due to this process viewers get impressed and reach on your online platform to buy from you. This will increase your business and give make you more profitable.
5. Digital shopping.
Customer buys and selling of product or services on an online platform that platform is known as digital shopping or online marketing.
Nowadays people’s life becomes very busy. No one people want to waste their time so they would like to do digital shopping to save their time and also want to get some discount which is only available on online shopping. Through this process, customers save their time and get the product at very cheap rate. That is the reason digital shopping become more popular as compared to offline shopping.
6. Advertising
With the help of E-Commerce, we can easily advertise our brand and also provide all information about our new brand of product this process makes it an easy path to reach our targeted customers and sell them without doing much hard work or without investing much revenue in an advertisement. By E-Commerce, we can develop our business in a short time and make the number of customers for our product as soon as possible.
7. Online Booking
E-commerce makes our life very much easy because we can book such as hotel rooms, plane tickets, train tickets, bus tickets, cars, etc.
This is very useful to those, who like to travel. You can book any tickets at sitting at your home.
8. E-Book
Nowadays people don’t have much time to read magazines, books, newspapers, etc. but they want to read. So, don’t worry E-commerce makes it very easy for those who want to read. Now E-Commerce provides e-books and digital magazines due to readers can read anywhere and at any time.
The big advantage of this e-book is wastage of paper will reduce which is helping to make our environment safe. now not need to carry the book along yourself by using the internet you can read any type of e-book, magazine, newspaper, etc. this is not required any space to keep it with you can read it as convenient for your time and your space. This e-book is available free as well as paid. But if you want to read prime E-Book then you need to pay something, but I must say that you can buy this E-book at a cheap rate.
Significance of E-Commerce
There are many significance of E-Commerce such as
1. Lower Price
Due to the E-Commerce platform, customers can get products and services at very low prices. Customers get the product at a low price as compared to a retail shop. also in online shopping customer gets products at discount but when we purchase a product from the retail shop they can’t provide any discount and sell their product at the MRP rate.
2. Gets 24*7 support
We know that e-commerce provides its services 24*7 to the customer. If any customer wants to shop late at night then he can do or if they face any issue related to a product or service then they get a solution any time. So there are very good services provided by e-commerce.
3. E-commerce is convenient and safe
E-commerce also provides well secured to the customer. In E-commerce we don’t need to go anywhere to shop we can do shopping sitting at home so, there is no fear of any thief. And when we do shopping sitting at home and we get opportunities to select our product in a variety of options so it makes so convenient to the customer.
4. Wide product variety
In e-commerce, the customer gets opportunities to select their product from a variety of an option available so the customer can purchase their product according to their wish.
The e-commerce market is very huge. So the seller sells their product all over the world due to this reason many varieties of the same product are available on the online shopping platform.
5. E-commerce saves time
By using e-commerce customers can buy products or services according to their convenience time due to this reason E-commerce helps to save the time of the customer. in this platform customer do not go outside to buy their product, when we are going outside to purchase a product its take so much time and we also face lots of crowd in the markets this is also taking our time. But when we do online shopping we can’t face any type of crowd and gets the product we wish at our convenient of our time.
