ECommerce – An Introduction:
ECommerce (e-commerce) or electronic commerce is that the purchasing, selling, and exchanging of goods and services over internet or computer networks through which transactions or terms of sale are performed electronically.
In this new industrial atmosphere ECommerce became a crucial issue of modern business development. During this dynamic era, it is separated into four main categories:
- B2B (Business-to-Business)
- B2C (Business-to-Consumer)
- C2B (Consumer-to-Business)
- C2C (Consumer-to-Consumer)
B2B is a concept of corporations doing business with each other such as manufacturers selling to distributors, agents and wholesalers selling to retailers. The evaluation relies on quantity of order and is often negotiable between them.
Businesses that sell their products or services to the public usually through catalogs utilizing shopping cart software are B2C.
A consumer can posts his project or requirements of service or product with a collection budget online and at intervals, companies and vendors review the consumer’s requirements and bid on the project. The consumer can then review the bids and selects the company to fulfill his/her desires.
This is the modern ECommerce technique where several sites offering free classifieds, auctions, marketplace and forums where people should buy and sell between them. The C2C website provides platform for consumers and sellers as a Marketplace. Thanks to the different online payment systems such as PayPal, Authorize.net etc., where people can send and receive money online with ease.
Amazon, Ebay & Etsy in C2C ECommerce:
Amazon, Ebay and Etsy are some of the companies to introduce the C2C Marketplace Trend in Modern ECommerce. Surprisingly, thanks to their founders as we have a tendency to have large eCommerce sector and enjoy the buying and selling advantages of the World wide Web.
EGrove in ECommerce Development Services:
It is clearly indicating the increase in importance of e-commerce within the global economy. With this ever rising usage of internet around the world, it has become a driving force behind the increasing preference of e-commerce globally. Whereas the internet should still seem revolutionary in increasing the range of available services, such as digital music downloads and VoIP phone calls, it’s additionally a pat of our daily routine.
The innovation solutions from eGrove have helped its clients to bring their business and products to its end clients. Egrove is one among the leaders in ECommerce Solutions since they are expertise in developing ECommerce websites using different Open Source Software. So far, eGrove Systems has developed more than 100 ECommerce Websites that are distinctive in solutions and features. Egrove Systems has enforced & integrated different payment gateway systems. For example, eGrove implemented solutions for EWay UK payment gateway modules for most of the Open Source ECommerce Software.
EGrove in C2C ECommerce:
EGrove has stepped into the next innovation of C2C or modern ECommerce. Using the evolution of different social networking websites, eGrove has currently developing C2C Online Marketplace Solutions to its clients. Hence the websites are being developed just like to Etsy, where the users may act as a consumer as well as Sellers. The users can post and sell any products to other users through the website. Additionally, all the website transactions would be done through secured, built-in Payment Gateways.
In a nutshell, e-commerce has extremely modified the way people, various organizations and other individual’s approach in doing business. It has also led way for the use of modernism and creativeness in tiresome business process. Finally, software development companies around the world are lining up for providing businesses with the most resourceful, e-commerce business models. Among them, eGrove Systems Corporation is a pioneer in implementing solutions in C2C ECommerce business domain.