What is e-commerce?
E-Commerce is known as the electronic commerce or internet commerce where all actions such as buying, selling, and transferring money and transaction data, all take place online. This process enables people to do business with literally anyone that has access to the internet without being bound to any time restrictions. E-commerce gives you the convenience of having your products available to the end user 24/7.
What are the types of e-commerce?
- Business to Business (B2B)
- Business to Customer (B2C)
- Customer to Customer (C2C)
- Customer to Business (C2B)
How to boost e-commerce performance?
- Powerful strategy & innovation
- Investigate the end to end behaviour of your customers
- Invest in automation, shorten the processes
- Re-evaluating your business’ organisational setup
- Always keep up with the latest technologies
- Do not hesitate to invest on analytics which will provide critical data
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