There are digit types of e-commerce systems, Business to Business (B2B) and Business to Consumer (B2C).
B2B is businesses buying, selling or exchanging products or services from each another as opposed to playing and consumers. Supply concern management for a vendor, vertical industry portals and brokering websites are examples of B2B websites. E.g. alibaba.com
B2C takes place between businesses and consumers where consumers are individuals. A typical example of a consort engaged in B2C is amazon.com, ebay.com
E-commerce gained popularity amongst businesses and consumers because of maximum convenience.
Advantages of E-commerce:
For businesses, E-commerce is a way to cut operating costs and expand their market reach. Businesses don't have to market their products or build physical stores to attract buyers from all over the world. Automated order and billing systems cut labor costs. In some cases businesses selling music, movies, software or e-Books can often evade distribution costs since the product can easily be downloaded to the consumer's computer. E.g. apple.com/itunes/whatson/
Businesses can store preferences of the consumer and suggest another products which help the consumer's shopping undergo and mean more return for the business and Add Link Computers.
For consumers it means saving instance and having more flexibility and freedom to opt products. They don't have to fisticuffs crowds of shoppers, look for parking space and they can easily compare specifications and prices from assorted vendors and make their choice with more ease; all from the comfort of their home.
Components of E-commerce:
Thinking of setting up an E-commerce website? Following are the chief components of an E-commerce system.
1. Website: You Add Link Education website will be the link between you and your prospective customers. Good packaging often translates into good quality in the eye of the consumer. Therefore to intend their playing your website must have the right look at feel and must be finished by a professional.
2. Merchant account: Merchants accounts are critical to an e-commerce playing as they support bonded payments through major credit cards brands. To intend a distributer statement you must contact a Bank that provides them to Internet businesses.
3. Shopping Cart Software: A shopping cart works as a traditional shopping cart. The storefront maintains the products that are in have and allows the customer to add and remove products to his cart. It automatically calculates the amount of the orders making the shopping undergo more convenient for the customer.
Using the Administration end of this Add Link Entertainment and software you can add/update/delete products or their aggregation from the website. The shopping cart checkout is adjoining to the payment gateway.
4. Payment Gateway: Payment gateway serves as a point of sale terminal located at most retail stores. It ensures bonded aggregation transfer between customer, distributer and bank. The customer's browser encrypts the personal and credit bill aggregation and sends it to the merchant's scheme server. This is finished via SSL (Secure Socket Layer) encryption. The digital signature is then forwarded to the feat slope through another bonded socket layer.
Examples of payment gateways include authorize.Net, verisign.com, paypal.com
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