e-Commerce: The Business way of the 21st Century

The process of buying and selling of products over an electronic media such as your mobile applications and the Internet is referred to as e-commerce.  In this case, we are talking of both online retail and the transactions that follow such. Today, e-commerce has largely replaced the old way of doing business as it has a lot of advantage over the traditional brick and mortar stores.

To simply put this, you don’t have to see your buyers neither does your buyer have to see you before you can sell off your products. Many have seen e-commerce to be a function of B2C (Business to Consumer) but today we have seen e-commerce taking other forms such as Online Auction sites, Internet Banking, Online Reservation and Ticketing, Internet Payment Gateways and B2B (Business to Business).

The advantage such as selling and buying on a global scale with 24 hours in 365 days availability has made everyone dumped the old way of doing business for the e-commerce with little or no overhead.

With the coming of the social media platforms, e-commerce has been simplified as you don’t have to have a gigantic online store to sell your products. You can simply use your Facebook, Instagram and WhatsApp to carry them out. All sales from mobile can be regarded as m-commerce which is a subset of e-commerce.

For those big business that wants to go the e-commerce way. There are various solutions available today (Shopify, WooCommerce) that provide you with the capabilities of building your own online store with less technicality. You don’t have to be a tech-savvy to be able to manage one.

Inasmuch as we have the platforms and solutions available to ease your e-commerce setup. You will still be needing some technicalities to run your online shop successfully.

We at Motiv8 Technologies can guide your set-up and walk you through your growth in the implementation of your e-commerce platform. You can get started by reaching out to us today: hello@motiv8technologies.com

 

 

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