The term electronic commerce (ecommerce) refers to a business model that allows companies and individuals to buy and sell goods and services over the Internet. Ecommerce operates in four major market segments and can be conducted over computers, tablets, smartphones, and other smart devices. Tailored towards a healthy retail ecosystem; This digital store is built around marketplace, logistics service and payment service to improve integrity and convenient delivery.
Ecommerce website is currently one of the most important emerging and thriving sectors of web marketing. It has expanded faster over the past years and is expected to keep growing at an accelerating rate. Ecommerce websites enable businesses to grow faster, more convenient and less costly.
Benefits of Ecommerce Store Include:
- Overcome Geographical Limitations
- Eliminate Travel Time and Cost
- Locate the Product Quicker
- Provide Comparison Shopping
- Enable Deals, Bargains, Coupons, and Group Buying
- Remain Open All the Time
- Create Targeted Communication
- Create Markets for Niche Products
- Flexibility for Customers
- Several Payment Modes
Give Cyclux a hi if you’re thinking about setting up an online store or have one that you’d like to consult on.