What is Ecommerce? [Quick Guide]

电子商务, short for “electronic commerce,” is the process of buying and selling physical or electronic items online.

In 2018, ecommerce is more popular than ever before. For many people, it has replaced brick-and-mortar stores as the preferred way to shop. Mobile devices have greatly contributed to the rise of ecommerce: it’s estimated that mobile will account for所有电子商务流量的70％by the end of this year alone.

像Facebook这样的社交媒体网站进一步帮助电子商务获得了知名度。Facebookreported an advertising revenue of $9.16 billionin the second quarter of 2017 (which is a 47% increase since the second quarter of 2016), and 87% of Facebook’s overall advertising revenue comes from mobile devices. As social media sites merge with ecommerce platforms like Shopify, more people will begin integrating ecommerce into their daily shopping habits.

电子商务isn’t going anywhere, and it’s only going to keep getting bigger:根据数字商务360，到2022年，电子商务将占所有零售额的17％。

Types of Ecommerce

There are three primary types of ecommerce transactions:

• Business to Business (B2B), in which one business sells directly to another business.
• Business to Consumer (B2C), in which a business sells directly to consumers.
• Consumer to Consumer (C2C), in which one consumer is selling to another via auction or social media (eBay and Craigslist are good examples of this, but so is Facebook marketplace).

Although online shopping is the most obvious form of ecommerce, online banking is technically also considered ecommerce.

电子商务的好处

电子商务is beneficial for businesses in a few major ways: it can reduce costs by limiting the expenses of owning and running a physical store. It's faster and more convenient than most traditional business transactions, and it can reach consumers in areas where geographical barriers would have prevented the expansion of physical retail locations.

Investing in ecommerce can also increase revenue: it allows businesses to reach more customers than physical locations alone, and also has big potential to influence more in-store purchases.

For consumers, ecommerce reduces costs by offering you more options. For example, if you go to Best Buy, you must pay Best Buy prices for a TV. Online, you can compare Best Buy TV costs to Target TV costs, or you can check out identical TV brands on eBay, Craigslist, Facebook Marketplace, and countless other sites. Essentially, ecommerce lets you compare prices with the entire world, rather than just your geographical region, which can afford you the luxury of choosing the best brand for your budget.

As ecommerce evolves, it's important to keep an eye on ecommerce trends. Even if you’re a brick-and-mortar shop, you can still benefit from learning about ecommerce, since ecommerce is a good indicator of what consumers expect and want from their shopping experience.