E Commerce is the use of the internet for the buying and selling of goods and services. Unlike B2C, B2B ecommerce relates to sales made between businesses, comparable to a manufacturer and a wholesaler or retailer. There are a number of metrics that retailers are looking at now that they weren’t in the past because of the shift in shopping habits. The same-store sales conversation will not end anytime quickly.
Quickly launch and scale your online store with rich built-in functionality: integration with payment and shipment services; warehouse managing; marketing and SEO instruments; and mobile-friendly stores. In September 2019, PhonePe launched super-app platform ‘Change’ to provide a one cease resolution for customers integrating several other merchants apps.
For shoppers who need to get hands-on with a product (especially in the realm of bodily items like clothing, shoes, and beauty merchandise) the ecommerce experience can be limiting. It is best to try to make the business as portable as possible. If the business can be relocated, you greatly expand your potential buyer pool. Don’t purchase real estate for the business or invest heavily in obtaining local customers.
In order to furtherly strengthen the relationship with its customers and to support the supply-chain, ERA has introduced the new eCommerce platform, an innovative software which simplifies the identification of references and allows to place orders in a few clicks, checking real time stock availability and order status.
E-commerce brings convenience for customers as they do not have to leave home and solely need to browse website online, especially for getting the merchandise which are not offered in nearby shops. It might help customers buy wider range of products and save customers’ time. Consumers also acquire power via online shopping. They are able to research merchandise and compare prices amongst retailers. Additionally, online shopping often provides sales promotion or discounts code, thus it is more price effective for customers. Moreover, e-commerce provides merchandise’ detailed info; even the in-store employees can not offer such detailed explanation. Customers can also review and monitor the order historical past online.
To run a successful online business your SEO should be perfect to enable your potential customers to find and purchase from you. What kind of product do you intend to offer? Are there other e-Commerces that already offer something comparable? Can you offer it better? Examine your market in advance to offer options that really make a difference and add value to the buyers’ lives.
A leader of e-commerce in Indonesia, additionally present in Thailand, the Philippines, Singapore, Malaysia and Vietnam, Lazada is an online department store and marketplace for retailers to sell their own merchandise. Founded in 2011 by Rocket Internet, the Chinese e-commerce giant Alibaba acquired a controlling stake in Lazada and its operations in Southeast Asia in 2016.