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An online shop evokes the physical analogy of buying products or services at a regular "brick-and-mortar" retailer or shopping center; the process is called business-to-consumer (B2C) online shopping. When an online store is set up to enable businesses to buy from another businesses, the process is called business-to-business (B2B) online shopping.
Voonik was founded in 2013 by Sujayath Ali and Navaneetha Krishnan. [4] The company is based in Bengaluru and has 450 employees, as of June 2016. [5] The company had raised $5 million Series A round of funding from Sequoia India in 2015 followed by Series B round $20 million and $6 million from RB Investments in 2017.
According to Prothom Alo in 2014, about 1.5 to 2 million people shopped online every year, and the market was growing by 15% to 20%. [9] According to MetrixLab, in 2014, internet users in Bangladesh had 1 billion used goods in their stocks worth BDT 14,700 crore (US$1.9 billion as of 2014). [ 10 ]
Online shopping programs tend to be consumer-oriented points-based or cash back programs. Traditional programs focus their proposition on extrinsic motivation and rewards: cash back or a choice of attractive rewards. A variant, though not unique to online shopping programs, is the intrinsic reward.
E-commerce (electronic commerce) is the activity of electronically buying or selling products on online services or over the Internet.E-commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems.
Electronic shopping is invented by Michael Aldrich. [6] 1982. Major launch, Milestone. Online marketplace. The Boston Computer Exchange, a prominent bulletin board system -based (BBS) marketplace for selling used computers, launches. [7] This is one of the first, if not the first, ever platforms for e-commerce. [8] 1982.
A woman shopping in Japan, 2016. Shopping is an activity in which a customer browses the available goods or services presented by one or more retailers with the potential intent to purchase a suitable selection of them. A typology of shopper types has been developed by scholars which identifies one group of shoppers as recreational shoppers, [1 ...
Category. : Online retailers. Wikimedia Commons has media related to Online retail companies. Pages in this category should be moved to subcategories where applicable. This category may require frequent maintenance to avoid becoming too large. It should directly contain very few, if any, pages and should mainly contain subcategories.
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