{"id":6306,"date":"2018-01-17T18:00:55","date_gmt":"2018-01-17T12:30:55","guid":{"rendered":"https:\/\/enterslice.com\/learning\/?p=6306"},"modified":"2020-12-18T13:02:56","modified_gmt":"2020-12-18T07:32:56","slug":"e-commerce-business-model-india","status":"publish","type":"post","link":"https:\/\/enterslice.com\/learning\/e-commerce-business-model-india\/","title":{"rendered":"E-commerce Business Model in India"},"content":{"rendered":"<p class=\"has-drop-cap\">The world is digitizing and so are our needs to obtain various objects &amp; things of daily use. As the economy is translating itself into a virtual interface of transactions, the need for being physically present to trade is becoming redundant. Therefore, <a href=\"https:\/\/enterslice.com\/learning\/permits-operating-worldwide-e-commerce-business-model\/\"><strong>Worldwide E-commerce business model<\/strong><\/a> is in a structure whose &lsquo;E&rsquo; denotes Electronic. Such a type of model brings communities closer. It enables an individual, Firm or a Company to Trade in goods &amp; services through or Via Internet.<\/p>\n\n\n\n<p>The fast pace 3G &amp; 4G services along with WIFI enabled centers has revolutionized the E-commerce model of doing business phenomenally.<\/p>\n\n\n\n<p>Globally, it has taken the world by storm &amp; people are invoking themselves to evolve new ideas pertaining to E-commerce. It has also contributed to the creation of a huge chunk of employment opportunities worldwide.<\/p>\n\n\n\n<p>There are 4 types of E-commerce models Illustrated in the following diagram:<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" loading=\"lazy\" width=\"602\" height=\"317\" src=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2018\/01\/E-commerce.png\" alt=\"E-commerce\" class=\"wp-image-6309\" srcset=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2018\/01\/E-commerce.png 602w, https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2018\/01\/E-commerce-300x158.png 300w\" sizes=\"(max-width: 602px) 100vw, 602px\"\/><\/figure><\/div>\n\n\n\n<ol><li>Business to Business (B2B)<\/li><li>Business to Consumer (B2C)<\/li><li>Consumer to Consumer (C2C)<\/li><li>Consumer to Business (C2B)<\/li><\/ol>\n\n\n\n<p>Any sort of Goods can be purchased or services can be availed through this medium or mechanism within a click or a second time frame.<\/p>\n\n\n\n<p>Successful Examples of such E-commerce business models:<\/p>\n\n\n\n<ul><li>Target<\/li><li>Amazon<\/li><li>Alibaba<\/li><li>eBay or Etsy<\/li><li>Taboo<\/li><li>Flipchart<\/li><li>Snap deal<\/li><\/ul>\n\n\n\n<div class=\"read\"><p><b>Recommended Post<\/b> <mark><a href=\"https:\/\/enterslice.com\/learning\/selling-process-flipkart\/\">What is the Selling Process on Flipkart Registration Process in India<\/a><\/mark>.<\/p><\/div>\n\n\n\n<p>The <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Market&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;A market is a structured environment, either physical or virtual, where buyers and sellers convene to trade goods and services. This trading hub operates based on the principles of supply and(...)&lt;\/div&gt;\"  href=\"https:\/\/enterslice.com\/learning\/terms\/market\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>market<\/a> has widened in such a way that even buyers &amp; sellers both are getting aligned as merchants for fetching work &amp; even creating a chain for the distribution network. The transactions through e-commerce are generally effected by Computer, Tablets &amp; Smartphones.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Advantages of an E-Commerce Model:<\/h2>\n\n\n\n<ul><li>NIL time foundation<\/li><li>Variety of options<\/li><li>Swift delivery<\/li><li>Universal payment mode acceptability<\/li><li>Prompt Settlement of Transactions<\/li><li>Worldwide accessibility<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Disadvantages of an E-Commerce Model:<\/h2>\n\n\n\n<ul><li>Virtual Base<\/li><li>Intangibility of Goods<\/li><li>No instant Gratification<\/li><li>Customer Satisfaction issues<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">How Does It Work?<\/h2>\n\n\n\n<p>In order to start an E-commerce business, one must have a business acumen &amp; model in mind to convert that idea into reality.<\/p>\n\n\n\n<p>There are two ways to which one can be into the E-commerce trading scenario<\/p>\n\n\n\n<p>A). Starting an e-commerce website.<\/p>\n\n\n\n<p>B). Aligning with an established marketplace.<\/p>\n\n\n\n<p>However, here we are liable to discuss implications of an E-commerce business model which operates worldwide. How is it getting the necessary licenses to operate out of its resident country? What are the permits needed to <strong>import-export code<\/strong> which are to be dispatched to meet the consumer demands?<\/p>\n\n\n\n<p>We shall obviously this trivial issue of world permit in our upcoming blog.<\/p>\n\n\n\n<p>Further following are the key steps for holding &amp; setting up of an E-commerce model:<\/p>\n\n\n\n<ul><li>Company or LLP Registration.<\/li><li>Creation of a Business Model &amp; Website<\/li><li>Consumer base development<\/li><li>Establishing marketing gimmicks<\/li><li>GST, PAN &amp; TAN Registration<\/li><li>Bank Account opening<\/li><li>Establishment of a Payment Gateway<\/li><li>Going Live with business<\/li><\/ul>\n\n\n\n<p>Learning to build an online store is a daunting task for learners. But once the handling &amp; precision is established this particular segment of doing business holds success beneath.<\/p>\n\n\n\n<p>Website <strong>development<\/strong><sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Web_development\">[1]<\/a><\/sup> &amp; App configuration in an accurate manner must be rule key to such a business model. However, the consumer base should also be selected accordingly, it should reach out to the masses.<\/p>\n\n\n\n<p>Overall, in early 2000 E-commerce was in its inception but it has largely taken over the world community by storm.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The world is digitizing and so are our needs to obtain various objects &amp; things of daily use. As the economy is translating itself into a virtual interface of transactions, the need for being physically present to trade is becoming redundant. Therefore, Worldwide E-commerce business model is in a structure whose &lsquo;E&rsquo; denotes Electronic. Such [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":6346,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[224,1106,2334],"acf":{"service_id":"220"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.6.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>E-commerce Business Model in India The transactions through e-commerc<\/title>\n<meta name=\"description\" content=\"Worldwide E-commerce business model is in a structure whose \u2018E\u2019 denotes Electronic. Such a type of model brings communities closer.\" \/>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterslice.com\/learning\/e-commerce-business-model-india\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"E-commerce Business Model in India The transactions through e-commerc\" \/>\n<meta property=\"og:description\" content=\"Worldwide E-commerce business model is in a structure whose \u2018E\u2019 denotes Electronic. Such a type of model brings communities closer.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterslice.com\/learning\/e-commerce-business-model-india\/\" \/>\n<meta property=\"og:site_name\" content=\"Enterslice\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/enterslice\" \/>\n<meta property=\"article:author\" content=\"enterslice\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-17T12:30:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-12-18T07:32:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2018\/01\/pexels-photo-567633.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"856\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:creator\" content=\"@enterslice\" \/>\n<meta name=\"twitter:site\" content=\"@enterslice\" \/>\n<!-- \/ Yoast SEO plugin. -->","authorName":"Narendra Kumar","authorImageUrl":"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2019\/04\/nk-1.jpg","authorDescription":"Experienced Finance and Legal Professional with 12+ Years of Experience in Legal, Finance, Fintech, Blockchain, and Revenue Management.","postViews":988,"readingTime":2,"nextPost":{"id":6313,"slug":"start-company-usa-india"},"prevPost":{"id":6303,"slug":"guide-drop-shipping-e-commerce-market-place"},"featuredMediaUrl":"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2018\/01\/pexels-photo-567633.jpeg","postTerms":"Latest News","_links":{"self":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts\/6306"}],"collection":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/comments?post=6306"}],"version-history":[{"count":0,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts\/6306\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media\/6346"}],"wp:attachment":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media?parent=6306"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/categories?post=6306"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/tags?post=6306"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}