E-commerce: know everything about this business model and what its advantages are

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Today, the e-commerce has become the engine of growth for businesses of all sizes. With digitalization, companies can reach customers around the world, optimize costs, and offer unique shopping experiences thanks to technology.

Next, we will explore all the keys to understanding, implementing, and making the most of this system.

What is e-commerce?

The e-commerce, also known as e-commerce, connects businesses and customers quickly and efficiently, making it easier to buy and sell products on a global scale. Thanks to this evolution, small businesses can compete on equal terms with large corporations.

According to a recent study by extra, online sales will represent more than 22% of global trade by 2024, demonstrating their growing importance.

With the growing adoption of the internet and the use of mobile devices, e-commerce has become a key part of the global economy, especially in sectors such as fashion, technology and food.

What are the characteristics of e-commerce?

1. 24/7 accessibility

One of the main characteristics of e-commerce is its continuous availabilityOnline stores are operational 24 hours a day, 7 days a week, allowing consumers to make purchases at any time and from anywhere.

Practical example: An electronics store in Andorra can sell to a customer in France in the middle of the night without any time limitations.

2. Global scope

E-commerce eliminates geographical barriers, allowing businesses to reach customers from all over the world without the need to open physical stores in other countries. This considerably increases the potential audience and business opportunities.

Practical example: Thanks to internationalization, an Andorran fashion store can sell clothing to customers in Spain, France or Germany without excessive logistical efforts.

3. Reduced costs

Unlike traditional commerce, e-commerce has much lower costs. It does not require a large physical infrastructure, which reduces expenses in rent, staff and maintenance.

Practical example: A small business can sell its products with minimal investment on a platform like WooCommerce or Prestashop, with a well-designed and optimized virtual store.

4. Process automation

Business processes, such as inventory management, payment, and shipment tracking, can be automated. This reduces human error and saves valuable time for business owners.

Common tools:

  • Payment gateways: Stripe, PayPal, Bizum.
  • Automatic stock management: Platforms like OpenCart integrate real-time inventory update systems.

5. Customer experience personalization

E-commerce allows you to collect and analyze data about your customers' shopping habits and preferences. This makes it easier to offer personalized experiences and improve customer satisfaction.

Practical example: An online clothing store can recommend products based on previous purchases or the customer's interests using artificial intelligence.

6. Ease in analyzing data and metrics

Ecommerce platforms offer tools to accurately measure user behavior. This includes data such as:

  • Conversion rate: Percentage of visitors who make a purchase.
  • Abandoned carts: Number of customers who start a purchase but do not complete it.
  • Average order value: Average amount of each transaction.

Practical example: Using Google Analytics or other tools, you can identify which marketing campaigns are generating the most sales.

7. Adaptability to mobile devices

Nowadays, a large percentage of online purchases are made through mobile devices. E-commerce is characterized by having websites responsive and adapted to smartphones and tablets.

Practical example: A store with an optimized mobile version can attract more customers who shop from their phone while traveling or doing other activities.

8. Security in transactions

The implementation of advanced security systems, such as SSL certificate, secure payment gateways and data protection, is essential to build customer trust.

Practical example: An online store that uses HTTPS and payment platforms like PayPal It generates more trust than a store without obvious security measures.

9. Diversity of payment methods

Online businesses offer multiple payment options to make transactions easier for customers. Among the most common are:

  • Credit and debit cards.
  • PayPal or other digital wallets.
  • Bank transfers.
  • Deferred payment options (financing).

Practical example: A customer can choose to pay with PayPal for an immediate purchase or finance the total amount in 3 interest-free installments.

10. Flexibility in marketing strategies

E-commerce allows for the application of various digital marketing strategies that adapt to the objectives of each business:

  • seo to improve organic visibility.
  • Google Ads to increase paid traffic.
  • Email Marketing to build customer loyalty.
  • Social Networks to increase reach.

Learn more about strategies seo specific for eCommerce here.

ecommerce platforms

What is e-commerce for?

In addition to facilitating online sales, the e-commerce it opens doors to innovation, expansion into new markets, and the creation of personalized strategies that build customer loyalty. Below, we explore the main uses of e-commerce and how it can benefit businesses and consumers in different areas.

Facilitates the purchase and sale of products and services

The most obvious use of e-commerce is the possibility of sell products or services digitally. Online stores offer consumers the convenience of shopping from the comfort of their own home, without having to travel to a physical store. This is especially useful for businesses that want to expand their reach and reach customers outside their geographic location.

Practical example: A small shoe store in Andorra can sell its inventory to customers across Europe thanks to an e-commerce platform like WooCommerce or OpenCart.

Expanding markets and reaching a global audience

E-commerce allows us to break down physical and geographical barriers. Both small and large companies can access a global audience, diversifying its customers and maximizing sales opportunities.

Practical example: A craft store can reach customers in the United States or Japan without needing to have a physical presence there, taking advantage of platforms optimized for eCommerce.

Reduction of operating costs

E-commerce significantly reduces associated costs in business operations. This includes the need for physical space, personnel costs, and logistics expenses. Companies can reinvest these savings in marketing strategies or improving customer service.

Practical example: Instead of maintaining a physical store, a brand can sell exclusively online, using a platform like Prestashop to manage inventory and sales. This reduces fixed expenses such as rent.

Improve customer experience

E-commerce offers a more personalized and convenient shopping experience for customers. Through the data collection, companies can offer product recommendations based on preferences or previous purchases, making the purchasing decision easier.

Practical example: Platforms like Amazon they use artificial intelligence to suggest products that users are actually interested in, thus improving their shopping experience. On a local scale, a clothing store could apply similar strategies through OpenStore.

Allows the implementation of digital marketing strategies

One of the great advantages of e-commerce is the possibility of integrating digital marketing strategies to increase visibility and sales. Some techniques include:

  • seo for eCommerce: Optimize the store for search engines to achieve organic traffic.
  • Google Ads: Generate paid traffic with well-segmented campaigns.
  • Email marketing: Send personalized offers and recommendations.
  • Social Ads: Promote products through social networks.

Practical example: Daimatics helps companies implement digital strategies such as Google Ads campaigns to increase visibility and conversions. More information here.

Offers flexibility in payment methods

Online businesses can offer their customers several payment options to facilitate purchases. This includes credit cards, digital wallets such as PayPal, Bizum, bank transfers and financing. This flexibility promotes a more convenient and accessible purchasing process.

Practical example: An online tech store offers installment payments with services like Klarna, allowing customers to purchase high-value products without high upfront payments.

Improve inventory and logistics management

With advanced digital tools, companies can control inventory in real time, automate order management, and improve logistics processes. This reduces errors and optimizes company resources.

Practical example: An electronics store uses Prestashop to automatically control stock and ensure that products are delivered on time.

Data collection and analysis

E-commerce allows you to collect valuable information about consumer behavior. The data obtained can be used to improve sales strategies, optimize marketing campaigns, and make informed decisions.

Practical example: By analyzing metrics with tools like Google Analytics, you can discover which products are in the highest demand, which pages receive the most visits, and which customers abandon their shopping carts.

Allows B2B, B2C and C2C businesses

E-commerce is not limited to business-to-consumer (B2C) sales; it also facilitates other business models, such as:

  • B2B (Business to Business): Transactions between companies.
  • C2C (Consumer to Consumer): Sales between consumers through platforms such as eBay or Wallapop.

Practical example: A wholesale company sells its tools to small stores through a B2B platform.

What is the history of e-commerce?

The e-commerce has a fascinating history that reflects the evolution of technology and consumer habits. From its first steps in the 1970s to its current consolidation as a fundamental part of the global economy, this model has undergone drastic changes and revolutionized the way people buy and sell around the world.

The beginnings in the 1970s: B2B electronic transactions

E-commerce has its roots in the years 1970, when they began to be carried out electronic transactions between companies (B2B) through private networks. The creation of technologies such as EDI (Electronic Data Interchange) it allowed companies to exchange commercial data, such as invoices or orders, electronically, eliminating the need to do so physically.

At that time, e-commerce was still restricted to large corporations and institutions that had access to these complex and expensive systems.

The arrival of the internet in the 90s: the great take-off

The real turning point for e-commerce occurred in the 1990s. 1990 with the democratization ofinternetThe creation of the World Wide Web (WWW) in 1991 by Tim Berners-Lee opened up a world of possibilities for communication and commerce.

Pioneers like Amazon (founded by Jeff Bezos in 1994) i eBay (created in 1995) were the first platforms to popularize the sale of products online, offering consumers a convenient and fast way to shop from home. The success of Amazon and eBay opened the doors to digital commerce as we know it today. Currently, platforms such as WooCommerce, PrestaShop i OpenCart They allow any business, large or small, to have a professional online store.

The 2000s: the consolidation of e-commerce

With the advancement of the digital technology and the increase in the use of connected devices, e-commerce began to consolidate as a primary purchasing option. Platforms such as PayPal facilitated online payment methods, solving one of the main obstacles preventing the mass adoption of digital commerce: the security in transactions.

The emergence of e-commerce platforms such as WooCommerce, PrestaShop i OpenCart in the 2000s it offered solutions accessible and flexible for small and medium-sized businesses, allowing them to create online stores quickly and easily without having to make large investments in technology.

Relevant link: If you want to know more about how to create custom online stores and achieve more sales, visit seo and eCommerce with Daimatics.

The current era: personalization, omnichannel and globalization

Currently, e-commerce is a multi-billion dollar industry which grows exponentially. Factors such as globalization, the improvement of distribution logistics and the rise of digital marketing have transformed eCommerce into an indispensable tool for any business.

Personalization and technology are the pillars of today's e-commerce. Users expect experiences tailored to their needs, which has driven the use of artificial intelligence and automation to offer personalized recommendations.

  • example: Today, an online fashion store can use intelligent algorithms to show customers products based on their previous purchases or browsing preferences.

Modern e-commerce platforms

Currently, platforms such as WooCommerce, Prestashop i OpenCart dominate the market, offering accessible and efficient solutions for small and medium businesses. These alternatives are presented as more profitable and powerful options than other platforms such as Shopify, especially for those who want more control over their business.

  • WooCommerce: Ideal for WordPress-based stores, flexible and customizable.
  • PrestaShop: Robust solution for businesses that need a high level of customization.
  • OpenCart: Lightweight and easy-to-use platform, perfect for emerging businesses.

Relevant link: Discover how these platforms can boost your business through services Daimatics.

The future of e-commerce

With technologies such as artificial intelligence and the augmented reality, companies can offer innovative solutions adapted to the new needs of consumers.

The integration of omnichannel strategies, where e-commerce is combined with physical stores and social platforms, will set the pace for global growth.

Relevant data: According to a study published by Think with Google, the 63% of consumers begin their product search online before making a purchasing decision.

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What are the benefits of e-commerce?

The e-commerce It is an opportunity to reach global customers and reduce operating costs, while facilitating detailed analysis to improve sales strategies.

Lower initial investment

One of the main benefits of e-commerce is that it does not require a large investment in physical infrastructure. There is no need to rent commercial premises or make large expenses on decoration and maintenance. With a online store, the start-up costs are much lower.

For example, creating a digital store with WooCommerce or PrestaShop It involves a minimal investment compared to opening a physical store. This allows small businesses and entrepreneurs to launch their business with tighter budgets.

If you want to know more about how to optimize your digital business, visit seo and eCommerce with Daimatics.

Global scope

E-commerce eliminates geographical barriers, allowing companies to sell their products or services to any country in the world. This global reach facilitates business expansion and offers a unique opportunity to reach customers in international markets without having to open physical stores in different locations.

  • Practical example: A small fashion store located in Andorra can sell its garments to customers in Europe, Asia or America through an online store optimized for seo and with a good digital marketing strategy.

Discover how you can improve your global visibility with strategies seo effective.

Greater convenience for customers

Another advantage is the comfort that offers consumers. Customers can buy products or services from home, at any time of the day, without having to travel. This responds to the new demands of consumers, who seek flexibility and speed in their purchases.

Online stores work 24/7, which increases sales possibilities and allows you to attract users in different time slots.

  • Practical example: Platforms like OpenCart or PrestaShop They allow you to create user-friendly stores, offering a simple and fast shopping experience for customers.

Analysis and metrics for decision-making

One of the most valuable aspects of e-commerce is the ability to obtain real-time data and metrics. With toolsdigital analysis, companies can study customer behavior, their preferences, and the best-selling products. This facilitates data-based decision-making, improving the effectiveness of commercial strategies.

The most important metrics include:

  • Conversion rates: Percentage of visitors who make a purchase.
  • Average Order Value (AOV): Average amount spent by each customer.
  • Bounce rate: Percentage of users who leave the store without interacting.

If you want to know how to use these metrics to improve your eCommerce, check out our services. optimized online stores.

Business scalability

E-commerce allows businesses to grow quickly and easily. Thanks to its digital nature, it is much easier to increase inventory, expand into new markets, or incorporate new functionality without having to make large additional investments.

  • example: A physical store that is limited to a specific location has limited capacity to serve customers. In contrast, an online store can serve thousands of customers simultaneously without logistical problems.

In addition, platforms such as WooCommerce, PrestaShop or OpenCart They allow businesses to scale by adding new functionalities, integrations with payment methods and automated marketing tools.

Do you want to scale your eCommerce efficiently? Discover how Daimatics can help you.

What are the types of e-commerce?

Types of e-commerceDescription
B2C (Business to Consumer)Sales from companies directly to end consumers, as in traditional online stores.
B2B (Business to Business)Commercial transactions between companies, such as suppliers and distributors.
C2C (Consumer to Consumer)Exchange of products or services between consumers through platforms such as Wallapop or eBay.
C2B (Consumer to Business)Consumers offer products or services to companies, such as in freelance work.
B2G (Business to Government)Companies sell products or services to the public sector or government institutions.
G2C (Government to Consumer)Services or products that the government offers to citizens, such as online tax payment.

What are the best e-commerce platforms?

When it comes to setting up an online store, choosing the right platform is essential to ensure the smooth operation, scalability and profitability of the business. Here we present some of the best options available today, adapted to different types of businesses and needs:

WooCommerce

WooCommerce is a WordPress extension that allows you to easily create online stores. Thanks to its flexibility, is ideal for small businesses and entrepreneurs starting out in the world of e-commerce. With thousands of plugins and themes available, you can customize your store to suit your needs. Advantages:
  • Full integration with WordPress.
  • Very low initial cost.
  • Adaptable and easy to use.
Learn more about how to optimize your seo in WooCommerce stores with our specialized guide: seo eCommerce.

PrestaShop

PrestaShop is a robust, open-source platform designed for medium-sized businesses that require advanced functionality without sacrificing a intuitive experienceIt offers a wide range of modules to customize the store and optimize its operations. Advantages:
  • Scalable solution with advanced features.
  • Diversity of modules and topics.
  • Wide community of developers and support.
Discover how Daimatics can help you set up a store PrestaShop cost-effective and highly optimized: Ecommerce Store.

OpenCart

OpenCart is an easy-to-use and very cost-effective platform for small and medium-sized businesses. With a user-friendly interface, this solution allows you to manage multiple stores from a single administration panel. In addition, it stands out for its efficiency and low maintenance cost. Advantages:
  • Easy to configure and manage.
  • Profitable in the long term with low operating cost.
  • Integrated multi-store functionalities.
At Daimatics, we help you implement optimized, conversion-oriented OpenCart stores. Find out how we can help you with our eCommerce services in Spain: We offer digital marketing services.

OpenStore

OpenTienda is a more modern platform and an accessible alternative to Shopify. It is designed to offer advanced solutions without excessive costs, ideal for companies looking for a powerful digital environment. Advantages:
  • Advanced features without high costs.
  • Simple and intuitive interface.
  • Adaptability and optimal performance.

We are official partners of these platforms

A Daimatics, we are official partners from WooCommerce, PrestaShop, OpenCart and OpenTienda, the best alternatives to platforms like Shopify. With the right strategy and professional implementation, these tools allow you to get a powerful, profitable online store ready to compete in any market. If you want to see how we can help you choose and implement the most suitable platform for your business, check out our specialized services in