What are the Advantages of E-commerce and How it works?

E-commerce is a buying and selling of goods via the internet on any device. E-commerce can also perform other types of activities, such as payment gateways, online ticketing, and internet banking. In this modern world of technology, e-commerce is becoming a very significant option for many businesses as there are lots of companies that are interested in their developing online stores increasing demand for online purchasing, more and more businesses are moving to e-store from brick and mortar stores.

E-commerce is about combining three different systems: A Web server that can manage an online storefront and process transactions, A Database system that can keep a check of the items the store has in stock, And a Dispatch system linked to a warehouse where the goods can be instantly located and sent to the buyer as quickly as possible. 

In past recent years due to education and reach to the internet among the many individuals in Nepal has brightened the longer term of E-commerce. The interest of students within the field of IT and the growth of IT firms has helped a lot in the awareness and interest in youths for internet and IT. This has directly created additional opportunities to uplift E-Commerce in Nepal. it's noted that 63 of the total population uses internet service in Nepal. This status proves that there's an honest scope of E-Commerce in Nepal.

Business-to-business (B2B)
E-commerce between companies.

Consumer (B2C)
Business-to-consumer e-commerce, or commerce between companies and consumers.

Business-to-government (B2G)

Commerce between companies and the public sector which refers to the use of the Internet for public procurement, licensing procedures, and other government-related operations.

Consumer-to-consumer (C2C)
Commerce between private individuals or consumers.

Mobile commerce (m-commerce)
It is the buying and selling process of goods and services through wireless technology.

HOW E-COMMERCE WORKS??

• Sourcing
• Cataloging
• Listing
• Marketing
• Packaging
• Shipping

ADVANTAGES OF E-COMMERCE

• Faster buying & selling procedure, which is easy to find products.
• Buying/selling 24/7.
• More reaches to customers, with no geographic limitations.
• Low operational costs and better quality of services.
• No need of physical company set-ups.
• Easy to start and manage a business.
• Customers can easily select products from different providers.
• Lots of Choices
• Easier to Compare Prices
• No Need to Handle Currency Notes
• Eliminate Travel Time and Cost

Still Have Questions? Contact Web Creation Nepal or call us today at +977-1-4246249 to learn more!