Modernelectronic commercetypically uses the World Wide Web at least at one point in the transaction’s life-cycle, although it may encompass a wider range oftechnologiessuch as email, mobile devices, social media, and telephones as well.E-commerce has surely been the greatest byproduct of the Internet Revolution.
Electronic commerce is generally considered to be the sales aspect of e-business. It also consists of the exchange of data to facilitate the financing and payment aspects of business transactions.
E-Commerce Website Design:
An e-commerce site offers you the chance to build your brand, connect with more customers, and sell more product, but only if you’ve got the right website design. How do you design the kind of ecommerce site that will have products flying off your virtual shelves?
When it comes to designing an eCommerce website, simple is always better. Your branding is like the DNA of your eCommerce business; it’s who you are as a company, what you’re about, and how you’re different from your competitors and it plays a huge part in building a connection with your audience and driving sales. If you want your ecommerce website design to connect with your audience, you need to think like your audience, a site that’s easy to navigate, well-designed, and makes the process of shopping easy, straightforward, and hassle-free. If you want people to buy your products, you need to show them what they’re buying via high-quality product images. Investing in a professional website is a must if you want to build trust with your customers. Your website shouldn’t have any typos or misspellings. Your font, color palette, and footer design should be consistent from page to page.
Appedology offers you the best method of web design, working according to your choice and prefrences.
Technologies for eCommerce:
Ecommerce web technologies for front-end includes Html. The application will require a database to store user transactions (such as items ordered by the user) and to list items available through the electronic store. The application will require a database to store user transactions (such as items ordered by the user) and to list items available through the electronic store.
What is the technology behind e-commerce?
The following technology are involved in e-commerce:
Electronic funds transfer
Supply chain management,
Online transaction processing
Electronic data interchange (EDI)
Inventory management systems
Automated data collection systems.
Impact of technology on commerce:
As the technology changing the transactions between the business and consumer, the consumer is accessing various tools to estimate prices, find alternatives, stores, and obtain coupons. Without going anywhere, they like to buy online and they are also benefiting by getting various offers and discounts. The E-commerce industry has fallen short of retail outlets and cash transactions. Besides these, people love to purchase by taking the consent of friends, spouses, and other family members. Additionally, it is more convenient and people can gift any product to their friends and loved ones through these websites. With companies switching to B2B e-commerce, more and more real-time procurement data will be captured. By knowing the convenience and other advantages of digital payment, people gradually adopting this process. E-wallets and gift cards are increasing the business. Technological advancements will also help the procurement teams of businesses to better comprehend the requirements of the business and provide them fair insights to do more up to date complicated decisions. Artificial Intelligence will find a huge blueprint in B2B e-commerce; unlike B2C e-commerce where there are large numbers of users and use-cases, B2B e-commerce will have fewer numbers of users doing large ticket transactions under limited use cases.
What are the technologies used in e-commerce?
Electronic commerce is built on top of a number of different technologies. These various technologies created a layered, integrated infrastructure that permits the development and deployment of electronic commerce applications.
1. Hardware and Software
The essence of ecommerce business is to offer your products to consumers through an online platform. Such a platform requires both hardware and software to operate.
Web authorizing tools.
Many customers are afraid of trying ecommerce because they fear that security of their credit cards and personal information may be compromised.
3. Back End Software
A strong back end software ensures that orders are recorded and processed speedily. This is an important aspect of a successful ecommerce business.
4. Supply Channels
The main sources of supply are:
Producing the products yourself
Partnering with a large scale industrial producer
E-Commerce Technology Trends 2020:
As the seasons change and another year winds down, we look ahead to consider some of the key eCommerce technology trends that will impact online shopping. Ecommerce trends are listed below:
Mobile apps and eWallet technology
Product customization and personalized recommendations.
Product visualization, augmented reality and virtual reality.