Various E-commerce web application

The advantages of using e-commerce websites for businesses are motivating a lot of businesses to use E-Commerce Applications for their business. Many business areas like retail, wholesale and manufacturing are using E-Commerce Applications.

The common Applications of E-commerce are below:

Retail and wholesale:

E-commerce has many applications in retail and wholesale.

E-retailing of on-line retailing is the selling of goods from B2C with the help of electronic stores (e-commerce website/applications) that are designed using the electronic catalog and shopping cart model.

Cybermall is a single Website application that offers many various products and services at a single Internet location. It attracts the customer and the seller into a single virtual space through a Web browser.

Marketing:

The other application of e-commerce is marketing.

Data collection about customer behavior, preferences, needs and buying patterns is possible through Web and E-commerce applications. This helps marketing activities like price fixation, negotiation, product feature enhancement and relationship with the customer.

Finance:

Financial companies are using E-commerce application to a large extent.

Clients can have the track of balances of their savings and loan accounts, transfer money to their other accounts and pay their bills through online banking or E-banking.

The other application of E-commerce is online stock trading. Many Website applications provide access to news, charts, information about company portfolio and analyst rating on the stocks.

Manufacturing:

E-commerce application is also used in the supply chain operations of a company.

Most of the companies form an electronic exchange by providing together buy and sell goods, services, trade market information and run back-office information such as inventory control.

This speeds up the flow of raw material and finished goods among the members of the business community. Various issues related to the strategic and competitive issues limit the implementation of the business models.

Companies may not trust their competitors and may fear that they will lose trade secrets if they participate in mass electronic exchanges.

Auctions:

C2C E-commerce Application is direct selling of goods and services among customers.

It also includes electronic auctions that involve bidding. Bidding is a special type of auction that allows prospective buyers to bid for an item.

iLaczen Technologies:

The top best company which give all these plus points in the development of e-commerce application are iLaczen Technologies, which have the professional experts to develop the e-commerce application for different types of business.