I’m talking about e-commerce here, but I’ll save the e-commerce terminology for another post.
E-commerce refers to the use of the web to sell products and services to the public. The internet is the modern-day equivalent of a storefront at the mall, complete with a menu, a few samples, and a checkout. It is the gateway to more consumerism, more sales, more profits, and more money.
Businesses are the people who sell stuff to the public and businesses are the people who make money off it. There are two types of businesses, those who sell goods and those who sell services. The goods business is the kind of business that sells things that people need and use. They might sell things like books, clothes, jewelry, and computers. The services business is the kind of business that sells services that people value and use. They might sell things like lawyers, doctors, and plumbers.
The goods business is the one that makes a lot of money, but there are also lots of different services businesses. For example, some of the biggest businesses in the world are the businesses that create apps for other businesses, such as the businesses that make Facebook and Twitter. The most successful services businesses are those that sell apps that help people get things done and solve problems. Examples would include the businesses that make Amazon devices and the businesses that make the Kindle e-reader.
That is basically what e-commerce is. E-commerce is how a business sells products or services to consumers. The company’s web site lists the products or services they sell, the products or services that are available to buy, and how much the company is selling.
e-commerce is essentially the opposite of eBay or Amazon. Instead of listing products on a site, or even selling products directly, e-commerce companies sell directly from their website to consumers. There are many variations of e-commerce, but most businesses sell the same things, albeit with different branding.
E-commerce is often referred to as “the web” or “the Internet”, both of which are true. The internet lets businesses sell their products to consumers when they are directly from their website. E-commerce sites are usually built using a web site builder like Shopify or WordPress. E-commerce companies make their money by selling products through shopping carts or by giving their consumers a link to purchase their products directly from their website.
E-commerce is actually a large segment of the industry, and the most profitable. Most people don’t even realize it because they’re so busy selling their products through the web. The rest of the industry is actually a whole lot more profitable than e-commerce. E-commerce is more of a business model than a web based web development platform, but it isn’t quite as different as you might think.