What is a eCommerce?

        If you are into a business of selling products or services than you have to open and maintain a place where you can sell these products and services. Operating a buisness like this is a common practice or you can say generally everybody does so, this style of business has both advantages and disadvantages.

        eCommerce or electronic commerce is a type of business where the buying and selling of products or services is done over electronic systems such as the Internet and other computer networks.

Advantages and disadvantages of eCommerce:

        Advantages of seller in eCommerce are like Access to worldwide markets, Minimal marketing and sales costs, Can compete with larger companies, Can track purchases and use data to recommend other items to the customer. Where as the disadvantages are No personal contact, Worldwide competition, Online fraud, Often difficult tot get people to know about and visit the site

        Advantages for buyers side are like Can find hard-to-get items from his or her chair, Reduced cost, Automated cost-comparison available. And disadvanteges are like Must pay for shipping and wait for delivery, Cannot see or feel the product before making a decision, Cannot easily return item or get support

How to start a eCommerce business?

        To start a eCommerce business you will be in a need of various components, among all components "SHOPPING CART APPLICATION" is the main component. Shopping cart application includes your product catalog, stock maintanance, online payment receiving facilities etc. Apart from this you need a payment gateway, photographer, content writer, designer.