Ecommerce is the segment that’s showing tremendous growth in the market. Did you know the e-commerce market is expected to reach US$ 200 billion by 2026?
You believe it or not! But it’s true. Before moving ahead, we like to clarify a few things. Like,
What is ecommerce?
Ecommerce, AKA electronic commerce, allow people to purchase goods and services online. The direct monetary transaction may or may not be involved, it solely depends upon the mode of payment chose by the customer. But, a sale must have happened online.
What is an ecommerce solution?
The products and services that can help ecommerce businesses bloom and successfully conduct business across the web are often referred to as ecommerce solutions. It includes website builder tools, web development software, online website development platforms, mobile app builders, as well as ecommerce platforms.
It also includes e-commerce based services like domain and hosting service, professional product photography, cataloging, accountancy and taxation, payment gateway integration, partnering with the shipping service providers, technical assistance, customer support, and so on.
Any business that wants to sell their products and services across the internet have to opt for ecommerce solutions to support their business at different stages. With the availability of resources and an increase in the competition, there are several ecommerce solutions in the market. Being a merchant, it’s your responsibility to research, analyze, and compare the ecommerce solutions and opt for the one that’s of greater utility.
How does ecommerce stand apart from ecommerce solutions?
Ecommerce and ecommerce solutions stand apart individually. Ecommerce is the newly developed method of business conduction, and ecommerce solutions are the services that aid this idea of business conduction.
When talking on the macroscopic level, ecommerce solutions can be considered as components that streamline the business process and ease business conduction. Ecommerce solutions are the subset of ecommerce, as they also deploy ecommerce to successfully conduct their business.
This is how ecommerce and ecommerce solutions are closely benefiting each other and helping other businesses grow.
