Questions

How can I use e-commerce with the customers money when they make a sale instead of my own?

2answers

One way to do this is by selling products to your customers and upon sale, the customer will pay for the merchandise.

Once the payment is processed, you can use this money to purchase your good and then you can ship it directly to the customer.

That way, you will utilize the customers' money instead of your own investment to purchase the product. Let's set up a call in talk in detail about this!


Answered 3 years ago

It is highly essential for you to understand the 5-C model of E-commerce. It includes commerce, collaboration, communication, connection, and computation. Commerce deals with electronic marketplaces there is a matching of customers and suppliers, an establishing of the transaction terms, and the facilitation of exchange transactions. Collaboration is a vast nexus, or network, of relationships among firms and individuals. Communication is an interactive medium; the web has given rise to a multiplicity of media products. Connection includes common software development platforms, many of them in the open-source domain, enable a wide spectrum of firms to avail themselves of the benefits of the already developed software. Computation includes Internet infrastructure enables large-scale sharing of computational and storage resources. Once you understand the 5-C model it will be much easier for you to understand the e-commerce industry and you can achieve your goals.
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Answered 3 years ago

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