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What is the "eCommerce website design" for, how does it work, the types of eCommerce and what is its future?

  • Writer: Xiomara Rivera
    Xiomara Rivera
  • Jul 24, 2024
  • 2 min read
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"eCommerce", also known as electronic commerce, is the buying and selling of products or services over the Internet. It is a business model that allows consumers to make purchases from anywhere and at any time, without having to go to a physical store.


What is "eCommerce" for?

ECommerce offers a series of advantages for both consumers and companies. Among the advantages for consumers we can highlight:

Convenience: Allows you to make purchases from anywhere and at any time.

Price comparison: It is easy to compare prices between different online stores.

Variety: You can find a greater variety of products than in physical stores.

Lower prices: The operating costs of online stores are lower than those of physical stores, which translates into lower prices for consumers.

Among the advantages for companies we can highlight:

Access to a global market: Online stores can sell their products to customers around the world.

Lower costs: The operating costs of online stores are lower than those of physical stores.

Greater efficiency: Online stores can automate many processes, such as order management and payment.

Better customer service: Online stores can offer 24/7 customer service.


How does "eCommerce" work?

eCommerce works through a series of steps:

1. The customer chooses a product or service in an online store.

2. The customer adds the product or service to their shopping cart.

3. The customer enters their personal and shipping information.

4. The customer selects a payment method.

5. The customer makes the payment.

6. The online store sends the product or service to the customer.

 



Types of "eCommerce".

There are different types of eCommerce, depending on the type of product or service being sold, the target audience it is aimed at or the business model used. Some of the most common types of eCommerce are:

B2C (Business to Consumer): It is the most common type of eCommerce. It refers to the sale of products or services to final consumers.

B2B (Business to Business): Refers to the sale of products or services between companies.

C2C (Consumer to Consumer): Refers to the sale of products or services between final consumers.

Marketplace: It is an online platform that brings together different sellers and buyers.

Dropshipping: It is a business model in which the seller does not have stock of the products they sell. When a customer places an order, the seller ships it directly to the customer from the supplier.


The future of "eCommerce"



ECommerce is constantly growing. Global eCommerce sales are expected to reach $5.5 trillion by 2025. This growth is driven by a number of factors, including increasing internet penetration, growth in smartphone usage, and changing consumer purchasing habits.


Additional resources

Wikipedia: Electronic commerce: Electronic commerce - Wikipedia, the free encyclopedia

eMarketer: "eCommerce": [invalid URL removed]

 
 
 

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