Dynamics
of E-commerce
The dynamics or the forces that governs the E-commerce
are far better and faster as compared to its traditional counterpart. In order
to understand the dynamics of E-commerce, it is necessary to know &
understand the platform and medium on which E-commerce module runs. The medium thru
which the E-Commerce module runs is the INTERNET
and the Platform is the SERVICE PROVIDER
of the E-Commerce, who provides hosting, design, delivery, pricing and payment options.
Some of the prominent E-commerce service provider platforms are Shopify, BigCommerce,
Wix, Weebly, Woocommerce, 3dcart, Magento etc.
In E-Commerce, there are no geographical limitations to sale & market your goods and services. With minimum time and efforts, your product will reach nationally or internationally. The cost incurred in the sale is comparatively low. You can provide a comparison chart to your customers, who can choose their product sitting in an arm chair at his residence or from the desk of his office.
You can keep marketing your E-commerce site in
order to get new customers with the help of search engine visibility. You can give
offers, bargain, off-season discounts, group discount etc from your E-commerce
site. Your E-commerce site will remain open all the time (24 x 7). In fact you
can expect a good sales over the weekend or a holiday.