Essay on Electronic Commerce ( E Commerce )

Essay on Electronic Commerce ( E Commerce )

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Introduction
Electronic Commerce is a very mixed and incorporative topic. There are various important types of Electronic Commerce (E-commerce). Collaborative commerce (C-commerce), Business-to-Consumers (B2C), Consumer to Business (C2B), Consumer-to-Consumer (C2C) and Government-to-Citizens (G2C) are the most favorite types of Electronic Commerce in business. Each of these types has their own ways and models. There are several ways of Buying, such as negotiations, group purchase or reverse auctions.
Electronic Marketplace (E-marketplace) is also known as an Electronic exchange. This model is considered under B2B E-commerce type. It is an online market, where there are many buyers and many sellers exchange products or services. The exchange of transaction happens in four ways - Vertical distributors, Vertical exchanges, Horizontal distributors and Functional exchanges.
Electronic Malls (E-malls) is also known as a cybermall. This model is considered under B2C E-commerce type. It is an online store formed with collection of individual shops. E-malls offers one-stop shopping place with different products and services like regular shopping mall. E-mall consists of many vendors and their success is depending on the brands, popularity and vendor’s own marketing efforts.
Electronic Retailing is also known as E-tailing. This model is considered under B2C and B2B E-commerce types. E-tailing allows you to sell products and services online on internet. Customer can browse products, process payments and buy products through the websites. Amazon and EBay are best example of E-Tailing.

Different from Physical Marketplaces, Malls, and Retail outlets
There are many differences between the above-mentioned terms. An E-marketplace is on...


... middle of paper ...


...es and display plays a vital role in marketing and building your stores. Build a strong and robust backend for your tools. Reporting system, Credit card processing and inventory management strengthen your impression.
Techniques are important part in building your E-commerce solution. Some great techniques substantially increase the chance of success. First thing come first is business planning. Choose brands, which are more famous and in which people would love to shop their products. Internet has history of bringing disastrous mode in very minor time. Be prepared for any changes. Contract best sellers and make them more visible. Highlight your best product/service first in your e-shopping website. Customer relationship is also very important, provide good deals, offers, and discounts and also make frequent changes to your business so that customer feels more alive.

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