What is e-commerce and why it is important for your business?
We live in an electronic era where everything is digitalized and accessible to us. Amazon and Flipkart along with several other websites and applications have made life easy and more convenient by delivering all our needs to our doorstep within a short period. And in all these cases, e-commerce is the ultimate winner.
E-commerce and online business management have become a necessity for businesses to thrive in the competitive global marketplace. From startups to large international brands, all organizations can benefit from e-commerce which has been a huge hit among customers due to its convenience in today’s busy lifestyle.
Let’s take a look at what e-commerce is and its several benefits for business organizations.
What is e-commerce?
E-commerce (electronic commerce) is the process of selling and buying goods over the internet. This method has made it possible for businesses to sell their goods and services at a scale larger than what was possible through offline retail. In a community focused on convenience and connectivity, shopping online is a hassle-free process that everyone enjoys.
Over the years and especially after the pandemic, e-commerce has received a significant boost and is growing exponentially. There are four types of e-commerce transactions that you must be aware of. They are business-to-consumer, business-to-business, consumer to business and consumer-to-consumer.
How can businesses benefit from e-commerce?
All types of businesses reap the benefits of e-commerce and grow their customer base in a limited time. E-commerce is cost-effective and provides global reach to brands.
Here are some reasons why e-commerce is important for your business:
- Global reach
E-commerce allows businesses to reach a global audience and expand operations beyond their physical location. With e-commerce, you can sell products in any part of the world regardless of geographical distance.
An online store allows you to expand your business without having to worry about starting physical stores in different locations. Ideally, e-commerce makes the whole world your playground with an active customer base.
The best benefit of e-commerce is that you don’t have to open stores in various locations thereby saving you large amounts of money. You also don’t have to spend on other maintenance costs which are high compared to running a website or application.
You can instead offer competitive pricing and discounts to customers which will further accelerate your sales bringing in more profit.
- Consumer insights
E-commerce will give you valuable data on consumer behavior which you can use to detect sales patterns and purchasing habits. This will help you plan marketing strategies accordingly.
It can also be useful in giving personalized discounts and product recommendations which leads to a seamless customer experience.
As physical space is no more a concern in e-commerce, businesses can scale up their operations on a large scale. Offering more convenience and accessibility for users, online stores can increase your sales and profit margins.
If you are interested in knowing more about the possibilities of e-commerce platforms, enroll in an e-commerce and online business management program at a university and develop your entrepreneurial knowledge.
Khalil ur Rehman is a proud born and raised in Abbottabad. Khalil has worked as a journalist for nearly a decade having contributed to several large publications including the Yahoo News and The Verge. As a journalist for The Hear Up, Khalil covers climate and science news. [email protected]
What To Wear in New Season? 4 shapewears to add on your List
A new season is arriving and as always, we always want to look our best and for that, we will always be looking for something to achieve that. And of course, shapewear will always come to help us achieve our goals.
There are many shapewear styles that you can get that will bring you so many different benefits. For example, butt lifter straps, will not only give you a confidence boost but also give your butt a lift and make you look amazing.
But these are our four favorite shapewear that we believe you should add to your list to get for the new season. We know you’ll love them and enjoy them and all of their benefits.
If you are looking for a better posture, then you’ll probably want to wear a full body shaper. But that’s not the only benefit you can get from it. You’ll also get an amazing new hourglass figure and all your problem areas will be hidden showing only smooth lines.
The first one on our list is the Backless Thong Bodysuit. This bodysuit tucks your tummy and lifts your bust while also being extremely versatile. Perfect to wear under your glamorous gowns or going around your favorite cities.
It is backless, and the straps will let you adjust them to your liking. The crotch area has adjustable 3 rows of hook and eyes closures. The abdomen area has a double-layered mesh that strengthens tummy control. It can be perfectly paired with backless dresses, all types of clothing, any other outwear, dates, cocktails, partying, or even under your wedding dress.
Then, there are the adjustable Straps Tummy Control Thong Bodysuit. This one features a simple V-neckline with a lovely backless design. It has adjustable straps and a lovely figure-hugging fit. You can perfectly wear it under your outfits for the weekend and can be teamed with strappy heels and high-waist denim.
It has an elastic mesh in the bust area, which makes it perfect for different bust sizes. The hooks on the crotch area are very convenient to use when going to the toilet. And finally, the inner layers have moisture-wicking fabric that is not only comfortable but also breathable.
Next, the All Day Every Day Slimming Bodysuit is another of our favorites. This lovely bodysuit is light and breathable. It has adjustable straps that will give flexibility for different body types. It has an overlap gusset that is easy to put on and off if you need to go to the bathroom.
You won’t have to worry about panty lines as they will be invisible under your clothes, and your body will look sleek and smooth. Its 360º shaping power will target your waist, thighs, and belly while flattening your stomach and creating sleek lines. It is ideal not only to wear it in your daily life but also for special occasions.
And finally, we have the High Waisted Seamless Body Shaper. This one will work amazingly great with dresses, slim-cut jeans and also form-fitting tops. Also perfect for those who want to show off their hourglass figures. It’s definitively a must-have for everyone that wants to get amazing curves and smoother lines.
It has a seamless design, so it can be invisible under your outfits. It will smooth and control your thighs and belly. It also has an open gusset so you can easily go to the bathroom. It’s soft, comfortable and breathable, and skin-friendly while providing a seamless but highly elastic shape. It will enhance the shape of your buttocks in a 360º way, giving you sexy curves.
And finally, if you want to get a smaller waist in the long term, you can always wear a plus size waist trainer. The waist trainer will give you also a smoother figure and a smaller waist while it helps you lose some weight during the process.
Umar Nisar was born and raised in the busy city of Abbottabad. As a journalist, Umar Nisar has contributed to many online publications including PAK Today and the Huffing Post. In regards to academics, Umar Nisar earned a degree in business from the Abbottabad UST, Havelian. Umar Nisar follows the money and covers all aspects of emerging tech here at The Hear Up.