WHAT IS E- COMMERCE ?

( ई-कॉमर्स क्या है )

Hello readers,

today I am going to tell you about e-commerce in detail, then you will read this post carefully.I will also tell you how you can do business in e-commerce and what are those steps , by following which you too can easily do e-commerce business.

so let's read :-

Have you ever bought shoes, jackets, or anything else on the Internet? Or have you ever used internet to sell old mobiles and laptops? If yes, then it only means that you are also a part of e-commerce.

E-commerce, also known as electronic commerce, is a process by which businesses and consumers transact through an electronic medium.

History of e-commerce (ई-कॉमर्स का इतिहास)

E-commerce started in the 1960s,When Businesses Choose Electronic Data Interchange ( EDI ) to Share Business Documents With Other Companies .

In 1979, the American National Standards Institute developed ASC × 12 as a universal standard for document sharing over electronic networks.

It is impossible to imagine the history of e-commerce without eBay and Amazon Which were among the first Internet companies to introduce electronic transactions.

The decade of the 1990s saw a revolutionary growth in the e-commerce industry with the advent of eBay and Amazon. Users could now buy anything through e-commerce .

Types of e-commerce ( ई-कॉमर्स के प्रकार ):-

There are many types of electronic commerce, there are 4 basic types of e-commerce;

1. BUSINESS TO CONSUMER :- ( B2C)

In this business, a business sells products or services directly to the consumer over the Internet. For example, you can buy anything from Amazon, Flipkart or any other site.

2. BUSINESS TO BUSINESS :- ( B2B )

In this, the company sells services or products to other companies. In this type of e-commerce, both the participants are businesses, as a result, the volume and value of b2b e-commerce can increase greatly.

3. CONSUMER TO CONSUMER :- ( C2C )

When a consumer sells his product to another consumer on the Internet, then this transaction is consumer to consumer (C2C).In this, a consumer sells his property like his used car, bike, to other consumer directly through internet.

4.CONSUMER TO BUSINESS :- ( C2B)

An example of this is the online requirement for setting up a consumer website. And many companies are ready to give it by making a website at a good price.

HOW TO START E-COMMERCE BUSINESSE ?

Watch full video ::

https://youtu.be/7VcOHeN3uq8

If you also want to start e-commerce business then you must read this post first.

Bill Gates once said

"If Your Business Isn't On The Internet Then Your Business Isn't A Business At All"

Sites like Amazon, Flipkart etc. have shown that this is the future of business. And because these people experimented with the market, that's why today these are such big sites. If still you have not come to know about the benefits of coming into this business, then let's see some numbers:-

Economic Services 2017-18 shows that the e-commerce market in India is estimated to be around 33 million Which is more than 19% of the growth rate of 2016-17 .

So are you ready to start e-commerce business now?

You have to follow some steps to start e-commerce business ;

STEP 1 :-

To create a perfect business model, you have to think about one model in detail.

"E-commerce is not an industry, it is a complete planning and a strategy"

-CEO of SHOPIFY.

Now you have two types of business model options either you can create single vendor store or you can also create for all multi vendor e-commerce marketplace . You can choose it according to your Budgut .

1- singel vendor marketplace;

If your budgut is less, you can choose a single vendor, in this you sell the same type of products on the e-commerce site.In this, the administrative cost is very less and full control is also in your hands.

2. Multi vendor marketplace ;

In this, many types of sellers sell many types of products on the same e-commerce marketplace. This has its advantages because the profits of big platforms also increase. And it is also very beneficial for the people.Because they get everything they need on one platform .This also increases the customer .

Step 2 :-

Branding the business ;

Now that you have decided which model of e-commerce business you want to start And have made a list of your own products and sellers, then now it is the turn to choose the name of the business. Now while choosing a business name, keep in mind that you have to choose a brand name.

There are many things you should keep in mind while choosing the name of Bussiness:-

-The name should be short which is easy to remember and reflecting your business, it should also be unique.You should also choose the logo of your business name.

- You have to specify your company type . India Item 4 is a type of company :-

SOLE PROPRIETORSHIP

ONE PERSON COMPANY

LIMITED LIABILITY PARTNERSHIP

PRIVATE LIMITED COMPANY

This is a very important step because if you choose partnership based structure So you have to provide a tax ID number and file tax return.Employer identification number has to be taken in this type of online business . After which you have to open a business bank account so that you can withdraw business tax in the financial year.

Step 3 :-

Registering an e-commerce business is the most important part of starting an e-commerce business.First of all you have to fill the form for Directors Identification Number by visiting the website of online business of Ministry of Corporate Affairs and submit your documents. For this you need to have your PAN card and digital certificate . When you get your DIN, then you have to check the availability of your company name in the queue. You can also do this work on the website of Ministry of Corporate Affairs. After the name is confirmed, you are given 6 months time.Even after this, you have to apply for many things like patrol registration certificate for shop establishment license.

Step 4 :-

Open bank account ;

Open a bank account of yours and once your company is registered, after that you will have to get a bank account opened in the name of the company itself. You can open an account in any bank.If you have chosen the proprietorship model for your online business, then you will have to get the wrong registration done. Only after that you will be able to open an account in the name of the company.

Step 5 :-

Creat e- commerce website ;

Now you can create your website in 2 ways 1- pre built platform :- Like WordPress or Wix, the advantage is that you get many readymade templates.From which you can create your own website by choosing the template of your post. Even if you don't know any programming language and only have HTML

2- scratch programming language ;

Woocomerce ,megento , sopify, zeepo, kartrock , These are some of the websites on which you can create an e-commerce website. Now it your choice to choose on whom you create your website.

Step 6 :-

Payment gateway;

You will need to set up your website and payment gateway such as credit card, debit card, net banking and case transactions. There are some popular properties like PayPal, Razorpayts. You need to submit some documents to get the payment gateway grinded on your online website Jese bank account,pancard,certificate,memorandum of association,articles of association,identity proof,address proff,website terms of use,website privacy policy. Once all these documents of yours are approved then you can start on online payment on your website.

Step 7 :-

Logistics :-

This step is very important for a successful e-commerce business in India.Logistics refers to the whole process of selling a product online to a system. This process also monitors the shipped goods until the bow is delivered to a customer.

" You can't expect that your website will be flooded with costumers." CEO of WALMART

If you really want to be successful, you have to create traffic.

So friends, starting an e-commerce business in today's time is a good idea.

Business Grow hope that you will like the information given in this post very much. you will share it on social media as much as you can.

Thank you

Digitalbusinessgrow

Businessgrow