History of Electronic Commerce - Ecommerce

I am very much impressed from the historical data of the Ecommerce, which shows the growth in the retail sales incurred by ecommerce year by the year. Let me take you to the era when the business through ecommerce was beginning. At that time, only traditional way of selling any product was popular. The history of ecommerce was interesting, as most of the people do not know that the technology for the ecommerce was established around forty years ago. I am providing here a brief history about ecommerce with its concept, rapid growth and its advantages.

Earlier years, the ecommerce was popular for doing transactions electronically via technology of EDI – Electronic Data Interchange and EFT – Electronic Fund Transfer. In late 1970’s, exchanging information and doing transaction online was the only things that was possible between businesses. Therefore, EDI and EFT were the initial technologies, which executed a new way of business called ecommerce. During 1980’s, we found massive growth in the use of ATM machines, credit cards and telephone banking, which was the next step in the ecommerce development. Now, in early 90’s, the new technology was introduced in the form of ERP – Enterprise Resource Planning, which was last technology for the beginning of ecommerce that we see today. After 1994, The things like DSL – a high-speed internet connection and security protocol introduced, which has made drastic improvement in the ecommerce as the online transactions was become more faster than it was before with more security. This was enough for the retailers to see and predict a massive growth in all the business that was related to the e-commerce business.

Let's see an ecommerce online store works in below illustration...

There are numbers of ecommerce websites introduced in western countries like USA and Europe. Many of them were collapsed and finally it was time when two new pioneers in current ecommerce business, Amazon Store and eBay Store have launched their websites to online community. According to the data, we have books, computers, music, office supplies and other household and consumers electronics was the first most popular categories that people was preferred for online purchasing.

According the all-statistical data available throughout the years, we can see the continuous growth in sales and retailing through ecommerce since it was started and by the end of 2010.

As the popularity of e-commerce enterprises keeps on growing, the technology will only pursue to enhance, making it even simpler to open and manage a virtual online store with or without a the presence of popular online shopping malls and chains. While e-commerce is still comparatively new-found province, it certainly puts forward plenty of opportunities for entrepreneurs of all kinds.

Why eCommerce Business is Better than a Traditional Form of Business

Electronic commerce is also famous as Ecommerce. To entitle the 21st century as an E-commerce planet, which is not wrong because, in this century the majority of the businesses are turned as online businesses? Ecommerce is the process of the buying and selling of products or services over the Internet. Conversion of inquiries, orders, invoices, transfer of funds, etc. happens promptly over the internet. Online ecommerce business gains their popularity more and more. In this century, Internet business is going up rapidly. Want to make your product popular over the Internet; Ecommerce is the perfect way to present it to your prospective consumers. If you are still using a traditional form of business, then the time now to shift your business to be online for getting large numbers of buyers of your products or services over the Internet. This will increase your business growth and its popularity. Whether you are in Business-to-Business (B2B) or in Business to Consumer (B2C), ecommerce is the best ways to handle both types of business forms.

There is no way to build an Ecommerce Website, if you are planning to turn your current traditional business into online. So, if you want to turn your dream of developing an Ecommerce website into reality, there are two ways, use the website development platforms or framework such as ASP.net, PHP, Java, etc., or you may use open source ecommerce development resources like Yahoo Stores, Magento Ecommerce, osCommerce, eBay Stores, Amazon Stores, etc. PHP is also an open source platform, which is free to use. Out of all the platforms and open source environment, PHP is the most effective, low cost and efficient tool for small as well as large businesses.

ECommerce Solutions includes various types of ecommerce features like Shopping Cart Solutions, Payment Gateways Integration, and Integration of Credit Card process to customize ecommerce web applications. To cope with your ecommerce business requirements, there are various advantages of running an ecommerce websites as follow,
• The advertising and marketing cost of website or product promotion is very low
• Help to manage product and its price easily
• It helps to manage small as well as large business
• Take few minute to maintain report of each item
• Helps to save time for both business owner and customers
• You can update your customers with latest product or services using mailing facility

The World of eCommerce Website Design and Development

The latest story in the online world is ecommerce development, which is also known as electronic commerce. If you are an excited fan of the cyber-market, you must have an concept of how ecommerce has advanced and expanded into an ratified and popular idea in online marketing. Even though, at first, there were only a several big names in the Ecommerce today, many small companies have begun to run an online shopping store. There was therefore, a big request for web development ecommerce, web based development companies are overcame with applications for ecommerce site development and ecommerce solutions. Moreover, the last couple of years, many of these firms have the better consumer service off the cost of developing Asian countries like India. In addition, a clutter global necessity is met by abroad corporations that do good job servicing clients proficient, certain and customizable.

Now, step to the growth of Ecommerce, building such a website acquires a distinctive approach than developing a normal website. Here you will create a fully functional and active website that will function as a virtual shop where you will retail your products to customers and will get remittance for that. Therefore, the site must be interesting and stay a large diversity of software applications as a creel to make e shopping or e retailing is feasibility. The design and growth should also center on the visual direction of the site. The interval between two ecommerce websites in a few clicks of the mouse and hence an appealing and ornate showcase is essential in order to fascinate more consumers and your challengers to beat. The structure of the site, its navigation, banners, using color, background, etc. should be graceful.

We are the leading eCommerce website development company, which offers eCommerce website design & development, Customized eCommerce Services using platforms like asp.net, PHP and Java. You can also have a benefit of hiring ecommerce SEO services to boost your sales.

Ecommerce - Most Cost effective and efficient Small Business Solutions

Before of couple of years ago, there was only way to do business and it was traditional way of doing business. Like, opening a shop at a particular place where people come to gather for shopping by choosing the products or services they like. Now, we can see the changing face or trend of doing business online by eCommerce once after finding the best custom shopping cart system.

Think of ecommerce (electronic commerce) and the first several aspects that strike any mind are – a universal commercial activity, increased deals, and increased gains! Not that you start demanding the better edge of profit online, but since various costs relating to marketing, promotional material, order handling, consumer care, stock management, data storage, telecommunications etc, significantly cut down. The online store fabricating with extensive ecommerce features will really helps to get more consumers.

Ecommerce offers enticing but cost-effective raise to any size or kind of business. By choosing for Ecommerce, you can grow your market edges to worldwide horizons or embrace them to highly concentrated market segments, as per intuitive business astuteness and choice. Even a small business offering excellence and trustworthiness with assurance can smoothly find itself scraping shoulder with its honored competitors in the least incubation period. It eases the wishful exposure of your business existence - as grand and intricate, as you desire it to be. Financial blueprint would not really hinder you hear from emphasizing your standpoint and spirits through your website and online shopping cart.

As you establish eCommerce solution to your shoppers, you supply their shopping experience considerably expressive and beneficial. Ecommerce looks even more imperative for your consumers in the wake of smoothly recoiling time with them to reserve for shopping offline. What's more, online shopping allows your shoppers derive interests of online economies, as they frequently pay lower price for same products/ services available offline.

Not to mention, excellent ecommerce services assemble and handle valuable customer-related input, comprising customer's ordering figures, to build a encompassing consumer database. This information vigorously intensifies your marketing and campaign strategies to be exceptionally on target.