Innovation Through E-commerce Portals
E-commerce portals act as a gateway for people across the globe to make Internet transactions.E-Commerce is the amazing benefit of making buying and selling products and services of the internet.Buyers purchase and sell goods and services online rather than visiting the shops and making selections.This will increase the importance of E-Commerce portal.E-commerce includes all the critical components like catalogue development, shopping cart, payment gateway and inventory tracking.
Benefits of E-commerce Portals
- Easy to find products
- Easy to start and manage a business
- Enhance buying experience for your customers
- Gain New Customers With Search Engine Visibility
Types Of Â E-commerce Portals
- B2C(Business to Consumer)
B2C is a commerce transactions that sells products or provide services to consumers.B2C involves product or Â service exchange from the business to a consumers.the term B2C became immensely popular during the dotcom Â boom of the late 1990s.when it was used mainly to refer to online retailers, as well as other companies that sold Â products and services to consumers through the Internet.
- B2B(Business to Business)
B2B is also known as e-biz,is a type of commerce transaction that exists between businesses.Business to business refers to business that is conducted between companies,rather than between a company and individual consumers.
- C2C(Consumer to consumer)
C2C is a business, where two individuals transact or conduct business with each other directly.C2C e-commerce differs from a business-to-business model or a business-to-consumer model because consumers interact directly with each other.
- E-government(Electronic government)
E-government is the transaction of business processes to improve activities of public sector organisations by use of information and communication technology (ICT).