E-commerce which stands for electronic commerce has changed the way business is conducted dramatically. When people think of ecommerce, they generally think about the internet, but it is not limited only to online services.
There is only one true definition for ecommerce, but everyone sort of has their own interpretation as to what ecommerce stands for. The real definition depends on the nature of a merchant’s online business.
The basics of e-commerce are the ability to electronically exchange information mostly via the internet. Email auto responders are great examples of ecommerce services at work but the heart of ecommerce is in a well designed shopping cart website.
The ecommerce business model is more than just a way to earn extra income. Many ecommerce businesses have earned more money online than their competitors with storefront operations.
The advantages of e-commerce website services are as follows.
1. Nonstop operation. The doors never close on an online business. It doesn’t matter if it is 2 am, a customer can still make a purchase.
2. A good ecommerce website service has a shopping cart which eliminates the need for employees such as cashiers.
3. Ecommerce businesses also permit you the benefit of having better communication with your customers. Advanced marketing solutions through email open up the opportunity to communicate with your customers through various newsletters months after they have made a purchase.