E-commerce stands for Electronic Commerce in which there is buying and selling of goods and services on the Internet. We develop shopping websites at reasonable rates. We are expert in integrating Paypal, Credit Card, Debit Card, Wallets and other payment gateways. By developing your ecommerce website, you can open your business to your whole world. It can be a new revenue stream for your current business and help to get access to many new clients globally.
It is the fastest means of growing your business, with the retail wing of the E-Commerce market projected to become as large as $27 Billion by the year 2020. Growth of E-Commerce in India is projected to pass the U.S. by 2034. Given the employment of the right SEO services, even a small business can reach a huge market and grow rapidly. Internet users in India are growing at a rapid rate. Most of this growth is due to increased smart phone sales and introduction of the faster 3G & 4G networks. By December of 2018 about 46% of Indians were using the internet. While only 23% of Indians in rural area were using the internet, that number is expected to reach 45% by 2021.
Types of E-Commerce models in Website Development :-
1. Business to Consumer (B2C) - This is where a business is selling their goods or services directly to the consumer (e.g. You buying a T-shirt from a brand's website). This is the most common form of E-Commerce model found on the internet. Almost every major brand has an E-Commerce website that follows this model. The largest benefit of doing this is cutting down on overhead costs. With no physical space to rent and no sales staff to employ, the cost of selling is reduced significantly. Additionally, inventory management also becomes much smoother. Since every transaction and product shipped is recorded on a computer.
2. Business to Business (B2B) - This is where one business sells their goods or services directly to another business (e.g. Your company purchasing a number of computer workstations from another company's website). This can also involve one business selling to an intermediary who will in turn sell their goods or services to the consumer. Wholesalers frequently make use of this model of E-Commerce to sell to retailers.
3. Consumer to Consumer (C2C) - This is when an individual sells their personal property or a service to another individual directly (e.g. You selling your old furniture on a website like OLX). Use of this model has been growing over the years. The selling of second hand products for example has completely bypassed the use of selling to a shop at a low cost. This leaves more money for the consumers to pocket off of their property.
E-Commerce chiefly involves online transactions and online transactions require a high degree of security and trust. Whether the mode of payment be PayPal, Credit Card or Debit Card, our developers are well versed in how to integrate a secure transaction system. The design of your online marketplace also has to be intuitive to drive users into making purchases and our designers take great care in how to structure your website to maximize transactions. Whatever model of E-Commerce you plan to use, we have the best solutions for developing your website in Jalandhar.