Streamline your online business with cutting-edge E-commerce solution
Are you looking for the best E-Commerce solution to sell your product online? You’ve come to the right place. This guide will help you to know about the E-Commerce solution In this digital era, more and more people are goes to online store for their purchase and enjoying the benefits of convenience. Nowadays Customer expectations have matured, and new selling strategies have developed to replace old selling methods. Online Businesses need to rise to the occasion when it comes to selling product in online, and only the most cutting-edge E-Commerce solutions will help to create distinct retail experience.
E-Commerce solution is a software or services that will help you to complete various tasks of your business, rather than doing business tasks yourself. E-Commerce solution will be the reason of your business growth. Growth means your E-Commerce business will become more demanding, and you'll find yourself more busier than ever. With the help of advanced E-Commerce solution, you can streamline the repetitive parts of your business that would otherwise start to consume too much of your time.
Managing a user's order from product selection to payment, to checkout and delivery is vital. E-Commerce solution takes care of managing item orders, order status checking, and making quick changes if needed. Every order is a sales transaction that will impact your bottom line hence, it must be done conveniently and efficiently for your users. On its own or with some other third-party app or service, it can keep transaction records, manage customer information, handle payment processing, undertake accurate accounting, create billing and invoicing, provide analytics and reporting, among others.
You get product specifics from variations (size, color, quantity) to names and images, allowing you to organize and catalog items. You’re also notified and made aware if stocks are available or not and what particular items are fast moving and need replenishing.
Built-in SEO allow online stores to rank higher in organic search engines for increased online presence and discovery as well as lower customer acquisition costs.
Calculating sales taxes based on customer location, Printing shipping labels and sending notification emails to customers can be done automatically and more accurately.
E-Commerce solution is meant to enable users quickly and efficiently find what they need in your store. Hosted solutions offer service-level agreements to guarantee 100% uptime and simple but robust website management, allowing you to provide your customers with the best online shopping experience.
Business-to-Business electronic commerce, is the sale of goods or services between businesses via an online sales portal. In general, it is used to improve the efficiency and effectiveness of a company’s sales efforts. Instead of receiving orders using human assets (sales reps) manually – by telephone or e-mail – orders are received digitally, reducing overhead costs. Business-to-business – “B2B” – refers to commerce between two businesses rather than to commerce between a business and an individual consumer. Transactions at the wholesale level are usually business-to-business while those at the retail level are most often business-to-consumer (B2C). The dollar value of business-to-business transactions is significantly higher than business-to-consumer activity because businesses are more likely to purchase higher-priced goods and services and purchase more of them than consumers are
Business to consumer is an electronic commerce model that denotes a financial transaction or online sale between a business and consumer. B2C involves a service or product exchange from a business form a business to consumer, whereby merchants sell products to the consumer. A business that sells online merchandise to individual consumers is categorized as B2C. Experts have suggested that online B2C activities played a vital role in shaping the Internet, despite the dotcom bubble burst in the late 1990s. While many online B2C business websites shut down at that time, an electronic customer surge occurred shortly thereafter, which helped catapult e-commerce activities. Companies took advantage of this by creating electronic storefronts after discovering they could sell larger volumes of merchandise through B2C models.
By 2021, it’s estimated that almost 50% of online sales will come from mobile and in some markets that number is already over 80%. Having a fast and affordable way to create a mobile-ready site is critical for growth. The future is mobile and Magento helps businesses build the foundation for that future.
The demands of today’s shoppers strain the capabilities of yesterday's commerce platforms. Now more than ever, a next-generation solution is needed to meet – and exceed – consumer expectations. Migrating to Magento Commerce 2 will open up dramatic business potential for your Magento Commerce 1 store.
