Types of E-commerce Applications You Should Know

1. Types of E-commerce Applications You Should Know Businesses globally have started adopting e-commerce applications to reach wider and new audiences and to grow. E-commerce stands for electronic commerce, which uses the internet to support trade and transactions. The word is commonly used to describe online selling and purchasing of products and services. There are several types of e-commerce applications; however, choosing one that best suits your business depends on your requirements. So, let us discuss some of the types in this blog. Types of e-commerce applications •Business-to-Business (B2B) E-commerce App Applications that fall under this category are particularly to improve commercial transactions of the business. E-commerce applications developed by a mobile app development company in Canada can support large transactions of goods and services over the mobile channel. Moreover, products featured on B2B platforms can be used as commodities or raw materials for other industries. Some examples of B2B platforms include Amazon Business and Alibaba.

2. •Business-to-Consumer (B2C) E-commerce App Applications falling under this category will cater to both businesses and customers. In these applications, sales happen through a single channel. Moreover, this model allows customers to view all businesses’ offerings on a single platform, ultimately improving customer shopping experience and satisfaction. The biggest examples of B2C e-commerce applications are Flipkart, Myntra, and Amazon. •Consumer-to-Business (C2B) E-commerce App Businesses look for domain experts in the field of content, technical assets, and design, and C2B platforms give such specialists a chance to showcase their knowledge, expertise, and skills in their field. They can use C2B applications/platforms like GitHub and Clutch to bag business opportunities and build valuable connections. Businesses also acknowledge these platforms as they benefit considerably from such business transactions. So, opt for C2B e-commerce mobile application development in Canada. •Direct-to-consumer (D2C) e-commerce app Applications that fall under this category allow businesses to sell their offerings to customers without the intervention of third-party sellers or retailers. This model of e-commerce has gained popularity in recent years as businessmen are looking forward to increasing their profit margins by reducing or eliminating middlemen shares. With the help of this model, businesses can offer tailored shopping experiences, provide real- time statistics and analysis, and track customer information. Moreover, they also help in improving customer loyalty and reducing costs linked with retailers. •Other Applications A.E-commerce aggregation app These applications allow businesses to list their products and services, allowing customers or clients to avail of them using the application. Some known examples of such applications are Etsy Inc. and Walmart Inc. These applications basically host offerings from different businesses instead of offering a tangible product themselves. B.E-commerce booking app These applications allow businesses to list their products and services, allowing customers or clients to avail of them using the application. Some known examples of such applications are Etsy Inc. and Walmart Inc. These applications basically host offerings from different businesses instead of offering a tangible product themselves.

3. Final words Applications developed by the best e-commerce application development company in Canada offer several advantages to businesses, including better sales and customer experience. Moreover, people these days prefer shopping online at their convenience, and since the technology is also accessible, why not provide customers with what they are seeking? Source: https://medium.com/@camronpredovic/types-of-e-commerce-applications-you-should-know- e8f1c1293e38