40 likes | 77 Views
Small businesses and entrepreneurs are rushing to the internet to do the business and new reach markets. The expansion of the internet has contributed to rampant growth in the e-commerce development. While the e-commerce is used for advertising, business-to-consumer and business –to-business transactions, small businesses and entrepreneurs encounter several challenges.<br>
E N D
E-Commerce: E-Commerce:Small SmallBusinesses Businessesand andEntrepreneurs Entrepreneurs Smallbusinessesandentrepreneursarerushingtotheinternettodothebusiness andnewreachmarkets.Theexpansionoftheinternethascontributedto rampantgrowthinthee-commerce e-commercedevelopment development. .Whilethee-commerceisused foradvertising,business-to-consumerandbusiness–to-businesstransactions, smallbusinessesandentrepreneursencounterseveralchallenges. Alsoknownasanonlinestore,ane-commerce easyforthecustomerstobrowsefortheproducts,pickthemout,putthemona cartandthenpayforthematthecheckout. e-commercewebsite websitehasfeaturesthatmakeit Atthebeginningofthe21stcentury,wesawahugesurgeinthewaythatthe internetwasusedwithregardstobuyer–sellerinteractionsforhardgoods. CompanieslikeAmazon,eBay,andAlibabahaveflourished,offeringthecheap qualitygoodsandpromptdeliveryservices. Ithasbecomeeasierthanevertointegrateaworkablesolutionthatwillworkfor manypeople.Thebigquestionremains:whatarethebenefitsofe-commercefor thesmallbusinessesandentrepreneurs?
HerearesomeoftheadvantagesoftheintegratinganE-CommerceHerearesomeoftheadvantagesoftheintegratinganE-Commerce E-Commercesystem system: ● Increase Increasein insales: overacoupleofyears.Thisattributedtothefactthatmostpeopleprefer theeaseofaccessandconveniencethatcomeswiththeE-Commerce platforms platforms. ● Increase Increasein inCustomer: Customer:Itisclearthatan bringsalotofconvenienceintermsofpayments.Thistherefore automaticallyinvitesmorecustomersandalsoimpulsebuyers.Theonline paymentsystemmayacceptthedifferentmodesofpayments,thismakesit easierforsmallcompaniestogetthecustomerdiversebackground. ● Ability Abilityto tobe beopen open24/7: 24/7:Manysmallbusinessesthatdonotuse e-commercemayfinditdifficulttobeopen24/7duetomultipleoverheads thatcomewithitintermsofstaffandutilitypayments.Ontheotherhand e-commerce e-commercewebsite websiteDevelopment DevelopmentCompany Companymakesitpossiblefora businesstobeopenandaccessibleroundtheclockwithoutanyincreasein overheads. Transactionsandpaymentscancontinuebeingmadeautomatically, withoutanysupervision.Ifthesmallbusinessisdealinginthedigitalgoods, thebusinesscanbecomeautomatictotally-fulltransactions,including purchaseanddelivery,willbeautomaticallycarriedouttheoutline. ● Instant Instantprocessing processingof oftransactions transactions:Thisplatformenablesthebusinessto transactinstantly.Thisprocesstakesawayalltheaggravationsthatcome withtheothermodesofpaymentthatmayrequirethemerchanttowaitup 30daysorevenmoresometimes,butthee e-commerce insecondsandmerchantscaneitherreceivefundsimmediatelyorwaitfor only2-3daystogetcashintheiraccounts. sales:Therehasbeentoatremendousincreaseinonlinesales E-Commerce ane-commerce e-commercedevelopment developmentservice service -commercetransactions transactionsclear
● Increase IncreaseBusiness reachingthewidescopeofcustomers.OntheotherhandE-commerce development developmenthasenabledlocalsmallbusinessestoreachtheinternational masses.Thereisnolimitofinternetreach,sothroughthee-commerce platforms;peoplecanpayforgoodsandservicesfromanycornerofthe world. ● Product Producttracking: tracking:Sincethepurchaseofyourproductishappeningonline, youcaneasilysendthatordertoFulfilmentCompanyortrackwherethat productisinthefulfillmentprocessasitsbeingshippedouttothe customer. ● Automated Automatedcustomer customerfeedback feedbackand andsupport: support:Everybusinessmustdealwith thecustomerfeedback,questionsandissues.Nocustomerwantstogoto thephysicalstorelocationandthensearchforthemanualsupportorfilla surveycard. Ironically,manyonlinecustomersaremorethanwillingtosearchanonline supportforum,filloutacustomersurveyortakeadvantageofabusiness’s 24-hourtelephonicservice. Theonline onlinebusiness businessoffersmanyadvantages.Theyoungentrepreneursand smallbusinessescansaveonthecostofrunningatraditional brick-and-mortarstore,canaccepttheonlinepayments,shipproductswith thelogisticssupportandcanreachcustomersallovertheglobe.Thecostof settingupthewebsiteislow,butitestablishesastrongfootholdinthe industryanditalsostimulatesthepublicinterestbythemediumofsocial media,videos,e-mailers,onlineadvertisements,etc. Businessreach: reach:Abusinessoperatingofflinemaychallengein E-commerce
481UniversityAvenue,Suite305 Toronto,OntarioM5G2E9,CANADA +1-416-901-6025 Montreal1396stCatherine Montreal,Quebec,H3G2B7,CANADA +1-514-900-3599 E-Mail-MEET@IMEDIADESIGNS.CA https://www.imediadesigns.ca/ https://twitter.com/imediadesigns https://www.facebook.com/imediadesign https://www.pinterest.com/imediadesigns/ https://www.linkedin.com/company/imedia-designs