What is e-commerce? How does e-commerce work?

 Everything has changed with the thinking of today's people. Buying and selling things has become a monopoly system where you don't have to buy anything with coins or paper money. Just sit with your computer or mobile, choose things on the screen, click something, enter the credit card or debit card number, and wait for the product to arrive at your door. This online-based shop has made the life of the consumers easier and has opened up a whole new possibility of doing business secondarily with many benefits. So let's find out the details.

What does e-commerce mean?

E-commerce is the system of buying/selling of goods and services using electronic Networks which is actually Internet presently. This process is done through e-mail, fax, online catalog, electronic data interchange, web or online services etc. Usually, commerce is done between one business and another (B2B), between business and consumer (B2C), between consumer and consumer (C2C). In a word, e-commerce is the marketing process that happens almost in an automatic process.

How e-commerce works: -

Let's talk about how an e-commerce system works. From here, you can start an e-commerce business with ideas. However, not all sites work exactly as described below. Some businesses may be a little different and may not be again.

1. If you have internet-enabled, you can load your favorite e-commerce website in a browser sitting with a computer or mobile.

2. Your browser always serves the web pages by contacting the server of the site.

3. When ordering a product, the webserver sends its information to the order manager program.

4. The order manager program checks the database to see if the product has stock.

5.Database confirms the product is in stock and sets a possible delivery date according to the seller.

6. Since the product is in stock, the order manager contacts the transaction system to deduct the bill from the credit card or debit card.

7. Again the system bank contacts the computer to check if there are sufficient funds in the buyer's account.

8. If the bank confirms with the permission of the computer, the transaction goes further, but the site does not receive the money immediately, you have to wait a few days.

9. The system notifies the webserver after the transaction is successful.

10. The web server displays a page to the customer informing him that his order has been successful and more billing information is provided.

11. The order manager now requests the warehouse computer to deliver the product to the customer's address correctly.

12. Now your product is sent to your address by truck.

13. Once the goods have left the warehouse, you are given detailed information by mail from the warehouse computer to your email address.

14. Finally the product arrives in front of your door.

 Now credit card, as well as cash delivery, has become a very popular payment medium. This reduces your risk as a buyer and the site does not have to worry about the transaction system. Not all e-commerce companies have warehouses, again not everyone delivers goods in their own vehicles, most e-commerce sites in India deliver goods using courier services. Then you understand the trend of how to get your hands on online e-commerce business products. You can do this business at home if you have your own company.

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