E-COMMERCE BUSINESS | Entrepreneur India Tv

For Entrepreneurs the need to be on the E-commerce platforms have become inevitable with the shift to digital, the rise of mobile shopping and the continued shift in favouritism from brand loyalty to service loyalty. E-commerce is the activity of doing business activities on the Internet. It refers to buying and selling products and services on the Internet through a website. E-commerce is short for electronic commerce. Also known as an online store, an e-commerce website has features that make it easy for customers to browse for products, pick them out, put them into a trolley, and then pay for them at checkout. As an entrepreneur, it is important to understand various e-commerce business models and how his business can fit into it so that the business has enough visibility and attracts new customers who love your product. One of the major benefits of e-commerce is that it has a low startup cost. Without investing in a physical space or having to pay your staff you can design an e-store and reach out to a larger audience with the understanding of important aspects like website design, merchant account, payment gateway, shopping cart etc.

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