Impacts Of E-Commerce On Business

Product promotion - E-commerce enhances promotion of products and services through direct, information-rich, and interactive contact with customers.

New sales channel - E-commerce creates a new distribution channel for existing products. It facilitates direct reach of customers and the bi-directional nature of communication.

Direct savings - The cost of delivering information to customers over the Internet results in substantial savings to senders when compared with non ­electronic delivery. Major savings are also realized in delivering digitized products versus physical delivery.

Reduced cycle time - The delivery of digitized products and services can be reduced to seconds. Also, the administrative work related to physical delivery, especially across international borders, can be reduced significantly, cutting the cycle time by more than 90 percent.

Customer service - Customer service can be greatly enhanced by enabling customers to find detailed information online. Also, intelligent agents can answer standard e-mail questions in seconds and human experts' services can be expedited using help-desk software.

Main Similarities between Magento and WordPress

There are several similarities between magento and wordpress:-

SEO Friendly

Both Magento and WordPress are SEO-friendly platforms and users have a great opportunity to expand the visibility of their E-commerce stores in the SERPs of Google. These two platforms are built with clean code and permit users to optimize their websites very well for better ranking and high traffic.

A lot of options for customization

Both Magento and WordPress allow users to control their websites completely. Users can control their site's contents as well as their look and functions. When you use Magento and WordPress, you can easily change and customize your store and display it in the way you want. You can use a wide range of plugins for both these two platforms to expand your E-commerce store and make it suitable for the needs of your customers.  

Open source

Both Magento and WordPress are open source platforms, which allow you to download, install, modify easily and quickly. These two platforms are maintained and assisted by committed communities comprising users and web developers. These communities work hard at all the times to update the platforms and help other users when they have issues while using these platforms.

Magento vs WordPress: Best CMS for E-Commerce Website – I

 

When you look for feasible options to develop an e-commerce website, WordPress and Magento, are two prominent platforms. Both of them are open source platforms and have the utmost efficiency to increase the profits, but it is really a challenging task to decide which one is ideal one for your E-commerce business. Therefore, you need to read out a comparison between WordPress and Magento carefully and then take decision accordingly: 

WordPress is an open source publishing tool and Content Management System. It gets installed quickly and is affordable for bloggers and website owners because they can maintain it themselves easily. It is quite popular among tech-savvy people, bloggers, site owners, online business operators and many more. 

Magento is an open source content management system & feature-rich E-commerce platform. You can install is easily and many people are actively using it in all around the world. When you use this platform as E-commerce, you need the assistance of an Expert Magento Developer to perform you works easily and smoothly which cost you some money.

Ecommerce Business Produces a Challenging Effect in Today’s Business Trends

The E-commerce business has produced a challenging effect in the company styles of today. The main advantage that e-commerce is successful are that they can clearly fulfill their client needs and definitely interact with their customers online all systems.

The other main aspects are

Contextual shopping :-

The shopping is made contextual and customer feels so simple to use and convenience of purchasing via contextual shopping in E-commerce. In other words, people can buy anything, anytime, anywhere, with the click of a button.

Rise in demand :-

There is higher need for the online shopping like buying and selling. People opt to buy and sell online from various places, states and countries and e-commerce is the one stop solution for them.

Increased Newbies :-

As the business trends go popular, there are increased beginners especially in the industries of e-commerce. The main reason for the online business is that there is an increased business exposure when compared with the offline business. The entrepreneurs can easily get connected with the local and global business people very quickly and easily.

Thus, E-commerce is a game changer in the business trends of today. 

How E-commerce plays a role in Latest Business Trend?

This latest Business trend based on E-commerce strategies only to succeed their business. Because of the digitized technology every business need to reach their target audience through online. The business trends are changing nowadays and e-commerce is playing a vital role as a game changer.

E-commerce the game changer:

E-commerce has really changed the way of shopping. In olden times, people went to the shops to buy or sell their things. Now, it's changed. They don't need to go in person to buy or sell things and everything is made available at handy via E-commerce.

The process of buying and selling is made very easy.  The products are delivered at your doorsteps which is a welcome advantage of e-commerce. You can shop at your convenience and the shopping lines are opened 24*7.

You can also check out for deals and offers and buy the product. From a business point of view, the reach of E-commerce business goes wider and wider. It can make your business product or service reach the global business markets. 

Thus, E-commerce changed the way of business it was and it is projecting at an elevated equilibrium.