E-commerce has set the business world alight throughout this century. eCommerce refers to any type of business transaction conducted online. The hottest example of eCommerce is online shopping, which is defined as buying and selling of products by way of the internet on any device. However, eCommerce can even entail other types of activities, corresponding to online auctions, payment gateways, online ticketing, and internet banking.
World Reach – With a physical brick and mortar store you’re limited geographically to nearby markets, i.e., if you have a store in New York and want to also sell in New Jersey, you’ll need to open another physical location. WooCommerce – the most customizable eCommerce platform for building your online business.
For the uninitiated, the dot-com bubble burst occurred from 1997 to 2001. The rapid development of Internet usage and adoption at the time fueled investments at incredibly excessive valuations and companies that haven’t even turned a revenue went public. The hype wasn’t sustainable, though, and capital soon dried up. As you’ll learn below, this was ultimately one of the reasons why (amongst others) shut down.
Besides many customization possibilities, these platforms gather all the features you need to get started. There are services reminiscent of Shopfy , , and other websites that offer intelligent solutions to create your online store. It’s as much as you to review each of them and decide the one that best fits your needs.
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Limited customer service. If a customer has a question or issue in a bodily store, he or she can see a clerk, cashier or store manager for help. In an e-commerce store, customer service may be limited: the site may only provide assist throughout certain hours of the day, or a call to a customer service phone number could keep the customer on maintain.
E-commerce is a complex term referring to the process of selling and buying products and services over the Internet or other electronic systems. Considered as the sales aspect of the e-business, the electronic commerce has revolutionized trade as a routine activity for the contemporary man by bringing the marketplace to your home or the office, thus saving you time and efforts.