To
sell the product online, we need to understand concept of E-retailing or simply
E-tailing.
E-retailing or E-tailing is defined as, "The sale of goods
and services through the Internet." Electronic retailing, or e-tailing, can
include business-to-business and business-to-consumer sales. E-tailing revenue
can come from the sale of products and services, through subscriptions to
website content, or through advertising.
E-tailing requires businesses to tailor traditional business
models to the rapidly changing face of the Internet and its users. E-tailers
are not restricted solely to the Internet, and some brick-and-mortar businesses
also operate websites to reach consumers. Online retailing is normally referred
to as e-tailing.
Now
for the product to be sold online, let us think why is it necessary for us to
sell our product online and what benefits can we achieve from it? Why should we
decide to go online? In my view, the answer is changing Consumer Behaviour.
What is this Consumer Behaviour all about?....
Consumer
Behaviour is the way the consumer looks at the product, the mindset he has
towards the product or towards the overall market. In today’s cut-throat
market, it has become difficult for consumers to choose from a variety of brands
for a single product and also for corporates to make their customers loyal to
them. Today consumer prefer convenience. Be it in time, place or money. The
consumer of today wants to spend less money to obtain the product sitting at
one place. So, as the Internet is booming, technology is going advanced, the
new generation is addicting to Internet and so as the case for E-retailing too.
Good
ReplyDeleteNice sharing mam
ReplyDeleteThank you
DeleteWell Explained Mam
ReplyDeleteThank you
DeleteGr8..well defined E retailing...,��
ReplyDeleteThank you
DeleteGood,
ReplyDeleteNice work....
Keep it up
Thank you
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