Table of Contents
- 1 What is it called when retailers use the Web to sell their products and services?
- 2 What is the meaning of E tailing?
- 3 What are the factors responsible for successful e retailing?
- 4 What is the difference between retail and etail?
- 5 What are the services offered by retailers to wholesaler and consumer?
- 6 What are the functions of retailer to consumer?
- 7 Which is an example of a retail sale?
- 8 How is e-commerce made possible in the web?
What is it called when retailers use the Web to sell their products and services?
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.
What is the meaning of E tailing?
Electronic retailing
Electronic retailing (E-tailing) is the sale of goods and services through the internet. E-tailing can include business-to-business (B2B) and business-to-consumer (B2C) sales of products and services.
What are the services retailers provide to the customers?
Retailers introduce new products to the customers and also guide them with the usage of the products. Retailers can provide additional services like free home delivery or after sales services. Retailers purchase and maintain a stock of those products which are mostly demanded by the customers.
What is the difference between e-commerce and e tailing?
E tailing and e commerce are two terms often used interchangeably and are confused. The key difference between e tailing and e commerce is that e tailing is the activity of selling of retail goods on the Internet whereas e commerce is the commercial transactions conducted by electronic means on the Internet.
What are the factors responsible for successful e retailing?
Six factors in ecommerce success:
- Regulation of product pricing. It’s natural for customers to compare prices between brands.
- Maintaining high quality products.
- Improving store accessibility.
- Making a wonderful first impression.
- Securing your shipments.
- Taking advantage of m-commerce.
What is the difference between retail and etail?
Retail is the sale of goods on a physical location where the seller and the buyer meet in person. Whereas e-tail is the sale of goods on the internet where the transaction happens in a digital environment.
What is physical retailing?
Physical Stores means physical commercial establishments, such as retail stores, by which sales are carried out within actual premises of a real estate property owned or leased by the relevant business, it being specified that e-Commerce-related sales should not be considered as Physical Stores solely by virtue of a …
What is retail accordion theory?
A theory of retail institutional change that suggests that retail institutions go from outlets with wide assortments to specialized narrow line store merchants and then back again to the more general wide assortment institution.
What are the services offered by retailers to wholesaler and consumer?
(i) Help in Distribution of Goods Wholesalers provide help in the distribution of goods and making them available to final consumers. (ii) Personal Selling In this the retailers relieve the producers of this activity and help them in actualising the sale of the products.
What are the functions of retailer to consumer?
Functions of retailers to consumers include;
- They give credit to the customers they trust.
- They offer advice to consumers on the choice and use of product.
- Retailers break bulk so that they can sell to consumers in convenient quantities.
- They make goods available to consumers at the right time and place.
Which is the function of e-commerce?
There are three key functions of e-Commerce – marketing, finance and supply chain – which sit outside the set-up of the e-commerce website itself. You cannot do e-Commerce without marketing your store, managing payments and managing deliveries.
Which of the following is a difference between business to consumer B2C e-commerce and business to business B2B e-commerce?
In the B2B (Business-to-Business) eCommerce setup, the business sells to another business, which then might offer the services/products to end-users. On the other hand, in a B2C (Business-to-Consumer) setup, business is selling to the end-user directly without intermediary involvement.
Which is an example of a retail sale?
A retail sale occurs when a business sells a product or service to an individual consumer for his or her own use. The transaction itself can occur through a number of different sales channels, such as online, in a brick-and-mortar storefront, through direct sales, or direct mail.
How is e-commerce made possible in the web?
E-commerce is made possible through the use of Hypertext Markup Language (HTML), Hypertext Transfer Protocol (HTTP), and server applications that enable the purchase to take place. Have you made a purchase online or sold an item you no longer had a use for? If so, you were engaging in e-commerce.
How does e-commerce improve the market efficiency?
E-commerce improves market efficiency through several means. First, it can eliminate the middleman, or the suppliers and distributors. It enables consumers to purchase products directly from the manufacturer, thus eliminating added costs. Second, it provides an easy and effective way to acquire pricing information.
Which is the best definition of e-commerce?
Electronic commerce, or e-commerce, is the buying, selling, marketing, servicing, delivery, and payment of goods and services over computer networks such as the Internet.