E-Commerce Services
E-Commerce Services
E-commerce (electronic commerce) is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet. These business transactions occur either as business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer or consumer-to-business. The terms e-commerce and e-business are often used interchangeably. The term e-tail is also sometimes used in reference to the transactional processes that make up online retail shopping.
In the last decade, widespread use of e-commerce platforms such as Amazon and eBay has contributed to substantial growth in online retail. In 2007, e-commerce accounted for 5.1% of total retail sales; in 2019, e-commerce made up 16.0%.
Consumer-to-business (C2B) is a type of e-commerce in which consumers make their products and services available online for companies to bid on and purchase. This is the opposite of the traditional commerce model of B2C.
A popular example of a C2B platform is a market that sells royalty-free photographs, images, media and design elements, such as iStock. Another example would be a job board.
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Account opening seller registration on marketplace
The Amazon Seller Registration Process is very easy on Amazon seller portal. Any individual who wants to register on the marketplace can process the application with ease. You just need to submit genuine information regarding the business and the person who is the legal owner of the business.
account management service
Amazon provides its sellers with Account Management (AM) Services, which shares relevant inputs to help sellers grow their business to the next level on the Amazon India Marketplace. These AM services are delivered by experienced Account Managers with category knowledge and provide data driven insights on key inputs to help you grow your business.
Product Listing/cataloging
It is important to list your products accurately and methodically while ensuring your catalog meets all the specifics and standards set by Amazon. Our services include comprehensive data management, categorization, bulk product upload, and feed creation. We also update relevant product details including product titles, pricing, description images, SKUs, availability, and so on.
accounting/taxation
At least every quarter you will have a meeting with your managers and get the run down on your financials as well as where you stand on taxes. You will be advised on any changes in tax law and as your business grows, your team grows with you. Are one stop shop mentality provides the E-commerce entrepreneur with one accounting firm that can get the job done, no matter the tax or accounting concern.
sales boost/advertisment optimisation
Firstly, consider the range of platforms your potential customers might favor. For consumer products, Facebook and Instagram are essential to ensure discoverability when your customers search on social networks. If you are selling primarily to enterprise customers, establishing a presence on LinkedIn is crucial.
Brand Protection
Excellent and experienced team, coupled with a talent pool from across streams, specifically business intelligence with the capability and experience of handling, negotiating and researching all kinds of infringement matters within specified time periods.
taxation
Taxation is a term for when a taxing authority, usually a government, levies or imposes a financial obligation on its citizens or residents.
logistics
Logistics refers to the overall process of managing how resources are acquired, stored, and transported to their final destination. ... The term is now used widely in the business sector, particularly by companies in the manufacturing sectors, to refer to how resources are handled and moved along the supply chain.
dropshipping bussiness
Dropshipping is a type of order fulfillment where store owners don't manage inventory themselves. Instead, dropshippers buy the items from a third-party supplier who fulfills customers' orders for them
Types of e-commerce
Business-to-business (B2B) e-commerce refers to the electronic exchange of products, services or information between businesses rather than between businesses and consumers. Examples include online directories and product and supply exchange websites that allow businesses to search for products, services and information and to initiate transactions through e-procurement interfaces.
In 2017, Forrester Research predicted that the B2B e-commerce market will top $1.1 trillion in the U.S. by 2021, accounting for 13% of all B2B sales in the nation.
Business-to-consumer (B2C) is the retail part of e-commerce on the internet. It is when businesses sell products, services or information directly to consumers. The term was popular during the dot-com boom of the late 1990s, when online retailers and sellers of goods were a novelty.
Today, there are innumerable virtual stores and malls on the internet selling all types of consumer goods. The most recognized example of these sites is Amazon, which dominates the B2C market.
How to start your own ecommerce business in India
Bill Gates once said: “If your business is not on the internet, then your business will be out of business.”
The ecommerce industry is ushering in the next wave of change for the Indian economy and if you’ve been thinking about venturing a foot into its world of infinite profits, then the clock is ticking…the time is ripe to start your own ecommerce business in India.
Amazon, Flipkart, Snapdeal, AJIO, Myntra,meesho,glow road, nykaa,wish, first cry, 1mg, tatacliq,limeroad,purple,Gems, bigbasket,grofers,all showed us that ecommerce truly is the future. And the only way they became as big as they did was because they realised and experimented with the brimming potential of the ecommerce market.
To help sellers in their ecommerce we provide various ecommece services such as seller registration, seller account opening, registration services, full account management services, listing services, catloging services, sales boost services, advertsiment services, brand protection, book kepping services, accounting services, taxation services, and all other services reqruied on any markeplace such as Amazon, flipkart, meesho, shopclues, snapdeal,paytm, AJIO,myntra,shopify,1mg, tatacliq, firstcry, lime road, bigbasket, grofers, udaan,purple, nykaa, wish, ebay us, amazon us, amazon canada, amazon australia,
Setting up an eCommerce business
Business conducted over the internet is called eCommerce. In recent years, m-commerce or mobile commerce – business conducted through smartphones has become very popular. Currently, there are two main modes to starting an eCommerce business, a proprietary eCommerce website or joining an established marketplace.
Creating a proprietary (own) eCommerce website
Creating a proprietary eCommerce website is one of the hardest methods of starting an eCommerce business. Starting a proprietary eCommerce business requires a web development team, online marketing team and a payment gateway for receiving payments. Starting a proprietary eCommerce website is a long-term initiative and requires a good amount of investment in terms of money and effort to build up a successful business.
Joining an established marketplace
Joining an established marketplace is an easy way to start an eCommerce business or sell products/services online. Joining an e-commerce marketplace as a seller often requires only a bank account and GST registration, making the process easy and simple. Further, on an eCommerce or m-commerce platform aspects such as technology development, marketing, payment gateway, logistics, etc., are taken care of by the marketplace platform, reducing the workload on the seller. In addition, sellers can often join multiple marketplaces and sell their products, making it the easiest way to start an online or eCommerce business.
Some of the popular eCommerce or m-commerce marketplaces are:
- Flipkart
- Amazon
- Snapdeal
- Shopclues
- PayTM.
The following articles provide more information about selling on popular eCommerce marketplaces:
- How to sell on Flipkart
- How to sell on Snapdeal
- How to sell on Amazon India
- How to sell on PayTM.
New trend in ecommerce business
Now a days you can easily open your own ecommerce store at lowest by using platforms like shopify, woocomerce, big commerce, wix and many more.
You can also start your ecommerce journey through dropping business model also, Now a days dropping in india is pick up the pace. Keep reading for more information
what is dropshipping Business ?
Dropshipping is a type of order fulfillment where store owners don’t manage inventory themselves. Instead, dropshippers buy the items from a third-party supplier who fulfills customers’ orders for them.
An example of dropshipping
Let’s imagine you have an online store where you sell dog products.
As a dropshipper, you don’t need to buy hundreds or thousands of collars or leashes in advance and store them in a rented warehouse (or your garage) until you make a sale. Instead, you find a third-party vendor who has the warehouse space to stock your items.
Once a customer purchases from you, your supplier (or suppliers, there can be many of them), takes over the process and ships the product directly to your customer. You never need to deal with logistics!
Pretty neat, right?
Legal Formalities for Starting an Ecommerce Business
To start an eCommerce business, proprietary eCommerce website or become a seller on a marketplace, the following registration is required:
Company or LLP Registration
While starting an eCommerce venture it good to have a company or LLP to have limited liability protection and improve the ease of doing business. Having a company or LLP would ensure that the opening of bank accounts in the name of the business or obtaining a GST registration are easy and fast.
Almost all marketplaces allow Proprietorships and Partnership firms to sell on their website. However, there would be no limited liability protection in case of litigation. Hence, it is best to start selling with an LLP or Company.
In case the promoters wish to start a proprietary eCommerce website, then it is best to start with a Company, as it is the only type of entity that can allow for angel funding or equity funding – a must for successful eCommerce ventures.
GST Registration
GST registration is a must for becoming a seller on an eCommerce portal or while starting a proprietary eCommerce website.
Bank Account
Once the Company or LLP is incorporated, a bank account can easily be opened in the name of the business by contacting a Bank. In the case of Proprietorship firm, GST registration must first be obtained to open a bank account in the name of the business. Opening of bank account is essential to list on an eCommerce marketplace or obtain payment gateway for a proprietary eCommerce website.
Payment Gateway
A payment gateway would be required for a proprietary eCommerce website to process customer payments. The payment gateway provides allow for the website to accept credit card, debit card, net banking, internet banking payments from multiple banks and credit card companies. Therefore, one payment gateway is sufficient to accept many forms of online payments. Once, a payment is received from the customer, the payment is sent to the bank account of the business by the payment gateway provided in one or two business days. Read the article on “how to get a payment gateway” to know more.
In case of selling through online marketplaces, the marketplace would accept the payment through their payment gateway and credit the money to the bank account of the seller directly. Hence, it does not require a payment gateway and only a bank account is necessary.
Legal Documents
While selling online, it is important to protect the business and the promoters of the business through the proper use of terms and conditions document and privacy policy. In case of a proprietary eCommerce website, the terms and conditions, disclaimer and privacy policy would have to be drafted by the business based on the nature of its activities and products sold online.