8 Best Practices for E-Commerce Businesses: Web Digital MantraE-commerce is a platform for buying or selling goods and services electronically. Transactions of money, fund, and data are also considered as E-Commerce. It has hugely grown in popularity over the last decades. The presence of E-Commerce is very important for the best conversion rates.
The E-Commerce market is growing at a high rate. In 2015-2020 the online market is expected to grow by 56%.
Classification of E-CommerceDepending on the parties involved in the transactions, E-Commerce is classified into 4 types. They are as follows:
- Business to Business:
- Business to Consumer:
- Consumer to Consumer:
- Consumer to Business:
E-Commerce has the potential to combine all the functions of Inter-company and Intra-company. It means it also affects the information flow, physical flow and financial flow in it.
8 Best Practices for E-Commerce Business
- Prepare a Clear Sitemap:
- Never Miss a Search Bar:
- Involve FAQs on your website:
- Make Live Chat Available:
- Speed up the website loading speed:
- High-Resolution Pictures:
- Great and Complete Product Description:
- Free Delivery Offer: