All you need to know about E-commerce

Long before the internet began, shopping had already gone beyond the customer coming in contact with the retailer; the advent of this historic method of trading known as Ecommerce can be traced to somewhere in the nineteen sixties when most companies found a way of making use of the E-data interchange to enhance the transfer of documents. Its use was not totally effective until sometime in 1994 when an online trade occurred between two friends wherein the product was a Compact Disc.

Today the existence of a virtual market place where everything can be bought by a click has changed the pattern of trading and shopping.

The disruptive ability of Ecommerce to the traditional method of shopping is on the high and retailers have little or no option than to buy into this modern technology.

What Then is Ecommerce?

Electronic commerce is a business model that crates room for buyers and sellers to carry out their transactions online without a physical meeting ; simply said it is the buying and selling of goods over the internet making use of devices like laptops, smartphones , tablets and many others. Ecommerce has proven to be a reliable substitute for brick and block stores although both can work together as compliments. 

The emergence of the internet age brought with it so many awesome varieties and no doubt Ecommerce is one of the very best things that came along with the rise of internet. Courtesy of the advent of Ecommerce every product and service can be found on the Ecommerce platform ranging from home devices, educational materials just to mention but a few.

Effects Of Ecommerce 

Certainly the traditional method of buying and selling has faced its highest alteration as a result of Ecommerce. The mentality of both consumers and retailers have changed. Ecommerce have succeeded in providing a safe platform for transactions through the internet; its transparency level is top class and this has earned so many opportunities for businesses and individual consumer.

The banks are being decongested as most consumers no longer go to the market to withdraw money before heading to the market for shopping when a consumer can sit at the comfort of his abode and with a little data get any product or service he so desires.

Most individual sellers have queued in to the concept of Ecommerce and have engaged in e-commerce transactions using their own websites and digital market place. 

The major effects of the trend Ecommerce in the global shopping market can be stated as; negotiation of products have become quicker because the main interest has shifted totally without reservations to the customers .

Ecommerce has also given entrepreneurs the Hobson’s choice of being attracted to their devices as they are the main gadgets for Ecommerce trading

The total global Ecommerce in 2020 is rated at close to 4.5 trillion dollars and by the year 2022 it is expected to be at least 6 trillion dollars.

What did ecommerce bring to the shopping stage?

Most will consider that the virtual nature of Ecommerce is more disadvantageous but on the contrary; despite the nature and model of the shopping, it has brought certain rare advantages to shopping which are and not limited to

1. The platform of Ecommerce has given the consumers the privilege of checking the prices of same product from different companies hence given them the ease to choose the best and one with the most convenient price.

2. To businesses, Ecommerce has helped in reducing the numbers of Employees as internet does most of the work.

3. The convenience level of shopping can never be more than what it is with Ecommerce both for the consumers and the retailers, the consumers are not perturbed about going to physical shops while the retailers are also saved the energy of customer service.

4. Reduction in price has always been the very best E-commerce brought the stage, certainly the price of shipping goods to the comfort of a consumer is far much cheaper than the stress a consumer will go true in quest to purchase a particular item.

These days serious minded retailers are not waiting for customers to come to them, the best way to increase a market is to find where the customers are and drag them to your shop and that can be achieved by designing an Ecommerce website; this allows you as a retailer to sell your products online and you can also retain your brick and mortar shop we can help you achieve that easily @ digiweb developers. Trends are changing and new times are dawning; one of the newest trends is this safest shopping method called Ecommerce and the best thing that can happen to every Dick and Harry is to follow the train of Ecommerce, No doubt this is the future and all that will embrace ecommerce now will stand on the safer side days after now.