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How does a social commerce or shopping works? by Amelia Brooke
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How does a social commerce or shopping works? |
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E-Commerce,Business,Internet
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Social commerce and electronic commerce are interrelated, except that it involves social media or online media to assist the online trade process. An eCommerce consists of vendors and consumers gathered together for exchange of goods and services over Internet. eCommerce is a system by which one can sell or purchase Internet electronically via website. The ability to access credit cards via Internet makes this process more flexible. There are a number of people having loads of fun shopping online. Setting up an online store is more economical than in a market, where you have unnecessary expenses like rental expense, expense on setting up the store itself, labor charges, etc. In today’s busy world, convenience and comfort is all what matters. Even shipping time is reduced to a large extent, so the order is delivered at your door step in a very short time. There are different kinds of social commerce sites but most of them have the same functionalities. Most importantly such websites should have the provision to access credit cards, because transaction never takes place through a website due to security reasons, but through some payment gateways. A payment gateway makes sure that the transaction takes place safely without any sort of malpractices. Also make sure that your website is protected with 128-bit encryption so as to prevent from your account getting hacked. Once you place an order the money is directly transferred to the corresponding person’s account. When you create a store you have an option in the administration section to maintain the products in your site, i.e., the list of products you want to sell or swap, etc. Social commerce is not about just making money building up a large number of fans in social communities like Facebook, Myspace, Twitter, etc. Most of the popular brands have recognized the value of social commerce and have started working on it to expand and monetize their business. The recent survey shows that Facebook customers have almost 10% have larger shopping carts when compared to the average online consumers. Social e-commerce is of huge potential for small enterprise as well. Here they are likely to build much stronger relationship with the customers, which will show a drastic growth in sales graph. Most of the brands today have a big opportunity to experiment with extremely flexible social commerce websites. Smart monitoring method on the trend followed and notifying your fan followers can bring a huge profit for you. Basically it all depends on how well is your organization structured and how flexible you can be with your business. You just need to get the right click of the best social shopping site. The most appropriate method followed today is direct selling business. Whatever the business is he should know how to do business on facebook, Twitter, Myspace, etc. SPIN 1 How does a social commerce or shopping works? Social commerce and e-commerce are correlated, except that it involves social media or online media to assist the online business process. An eCommerce comprises of vendors and consumers gathered together for exchange of goods and services over Internet. e-Commerce is a system by which one can sell or buy in Internet electronically via website. The ability to access credit cards via Internet makes this process more pliable. There are a number of people enjoying shopping online. Setting up an online store is more economical than in a market, where you have unnecessary expenses like rental expense, expense on setting up the store itself, labor charges, etc. In today’s busy world, convenience and comfort is all what matters. Even duration of shipping has reduced to a large extent, so the order is delivered at your door step in a very short time. There are different kinds of social commerce websites but most of them have the same features. Most importantly such websites should have the provision to access credit cards, because transaction never takes place through a website due to security reasons, but through some payment gateways. A payment gateway ensures that the transaction takes place safely without any sort of malpractices. Also make sure that your website is protected with 128-bit encryption so as to prevent from your account getting hacked. Once an order is placed the money is directly transferred to the corresponding person’s account. When you create a store you have an option in the administration section to maintain your website, i.e., the list of products you want to sell or swap, etc. Social commerce is not about just making money building up a huge number of fans in social communities like Facebook, Myspace, Twitter, etc. Most of the standard brands have recognized the value of social commerce and have started working on it to expand and monetize their business. The recent survey shows that Facebook customers have approximately 10% have larger shopping carts when compared to the average online consumers. Social e-commerce is of huge potential for small enterprise as well. Here they are likely to build stronger relationship with the customers, which will show a drastic growth in sales graph. Most of the brands today have a big opportunity to experiment with extremely flexible social commerce websites. Smart monitoring method on the trend followed and notifying your fan followers can bring a huge profit for you. Basically it all depends on how well is your organization structured and how flexible you can be with your business. You just need to get the right click of the best social shopping website. The most appropriate method followed these days is direct selling business. Whatever the business is he should know how to do business on facebook, Twitter, Myspace, etc.
Related Articles -
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