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Tuesday, December 10, 2019

What is E-Commerce ?


This means that the business or the way of business that we do through online mode is called E-commerce.

Understand in simple terms, when any product is transacted through internet, it is E-commerce.

You must have seen that many online platforms like - Amazon, Flipkart, Paytm etc. provide their products or service to their customers online.

For example - If the customer has to buy any clothes or electronically related item, then he goes to the internet and searches all these things, and he finds links to all these e-commerce websites in the search engine. Where the customer orders their product and the company delivers the product to their designated place.

Apart from this, a lot of sellers are also involved in the e-commerce business, who list and sell their products from these online platforms and take profit.

And now you can not only buy the product online but also recharge the metro, electricity bill, food items or transport facility, you can now book online. So all these are examples of e-commerce or e-business.

However some e-commerce businesses are also B2B such as Indiamart and Alibaba.

Meaning that the products that are made  available on these online websites are not bought not by any customer but also by business people for the use of their business.

Today, about 650 million people in India shop online. While by 2020 E-commerce business in India is estimated to generate 120 billion US dollars of revenue. After which India will become the fastest growing country in the world in e-commerce. This is the reason that now all the big e-commerce companies of the world like Amazon, Alibaba and Walmart are coming to India and increasing their business.

Aumtec Solutions is one of the eCommerce services provider that offers eCommerce data entry services, catalog management services and much more. 

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