E-commerce is the typical word you hear from everywhere, e-commerce is a simple online commerce solution helps the seller to sell their products direct to the buyer. Its either run on own e-commerce portal, 3rd party marketplace, mobile app or social media.

E-commerce is a technology-driven commercial activity for online shopping.

What is E-Commerce and types of e-commerce?

Every online activity connected with any financial activities comes under e-commerce activities. Based on the buyer and consumer type we can divide it into 5 types.

Business to Business (B2B) e-commerce

A business buyer buys some product and services from a business seller online. Example: A Shopkeeper or Amazon seller buys products from online wholesale portal or manufacturer and demands there order by internet comes under B2B e-commerce activities.

Business to Consumer (B2C) e-commerce

A business seller direct sell the product to a customer on the internet called B2C e-commerce. This is the most popular e-commerce market and we very known about this type of e-commerce market. Example: A seller user their website or Flipkart, Amazon etc marketplace to sell their products and buyer order online and the seller deliver the product to the buyer.

Consumer to Consumer (C2C) e-commerce

Consumer to consumer e-commerce industry is very small, a buyer sells their product directly to another buyer, this model comer in the frame when a buyer upgrades their products to a new launch product and what to sell the old product online. OLX and quicker are two big names in this type of e-commerce, where a buyer sell a product to a buyer.

Consumer to Business (C2B) e-commerce

This is a new e-commerce business coming in the frame and most popular in small electronic device sell and purchase industry. There are some companies like Cashify, InstaCash, CarDekho etc which is buyer old products from the consumers; a buyer can sell their products on these websites to a company or a dealer.

Resellers to Consumer (R2C) e-commerce

Reseller to consumer (R2C) model helps the reseller other sellers products to consumers. This is growing very fast because of the 2nd income source for many people. Meesho, Wooplr is the best example of resellers to consumer’s e-commerce business model.

What Are the Benefits of E-commerce?

E-commerce business model is a revolutionary solution for the 21st century makes happy both consumers and business owner.

  • Save Time (A consumers can order anytime without spending much time to find the best product)
  • Save Money (Lot of the e-commerce companies are offering a discount)
  • Easy to Buy (Now most of the e-commerce platform launch their mobile app so it makes shopping easy)
  • Global Reach (There are many e-commerce companies offering international shipping so the seller can sell globally)
  • Always Open (The e-commerce portal open 24*7*365 for the consumer)

How to start an e-commerce Business?

It is very easy to open an e-commerce business. There are many e-commerce marketplaces where you offer ready to launch an e-commerce business. If you are a new/ small seller then start with these e-commerce marketplaces like Amazon, Flipkart, Paytm. You only required some documents to open your account and all other e-commerce functions will be completed by these marketplaces.

But before starting on these marketplaces you need to do product research and know the commission and other charges applied by these marketplaces.

You can start your own e-commerce portal and find the best e-commerce company in your area which can offer e-commerce website design and e-commerce marketing services.

If you are planning to start your own e-commerce business connect with us also, we can help you start an e-commerce business – Contact Us