Electronic Commerce more commonly known as E-commerce is a business methodology, that enables buying and selling of products or services across electronic network such as Internet. Trading through online saves time and travelling expenses, enables quicker delivery of products at any time, provides comparison shopping and easiness.
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Importance of e commerce
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Importance of E-Commerce
E-commerce or electronic commerce is the selling of products through the Internet. It Integrates of
bank accounts with shopping sites and thereby eases the shopping experience of the customers and the
owners. Flipkart is the India’s first e-commerce site started by ex-IITians Sachin Bansal and Binny
Bansal in 2006. Now India has more than 100 e-commerce sites and more eyes are targeting this
medium for their business. The main aim of e- commerce site is to change each visitor to their
customer. E-commerce site developers have a great role in providing best shopping experience to the
customers through their user friendly websites. A few reasons why brands and people moving to e-
commerce are as follows.
1. E-commerce sites give customers to shop from thousands of products of the same kind. For
example, sites like Amazone, Flipkart and e-bay showcases thousands of products and gives
the customers the opportunity to choose what they like from thousands of options.
2. Can access on the go. To shop while bored is fun for people who loves shopping. And e-
commerce sites are the medium for that. Customers can shop on the go.
3. E-commerce sites save money and time. A customer does not have to visit a shop by spending
money for Petrol and hours for makeup to know about recent trends. The online shop is a
click away if you have a smart phone with high speed data access.
4. E-commerce sites save manpower. Once the website is made E-commerce sites are easy to
manage. Manpower is needed only to upload, update and remove the pictures of the products.
Packing and transportation and proceedings are done by the courier services.
5. E-commerce gets a vast reach among the audience. It is a perfect medium for business aiming
national clients than local businesses.