What is E-Commerce ?
or,
Define E-Commerce.
or,
Define E-Commerce.
E-Commerce stands for Electronic Commerce or in short it's
also known as EC. It is the process of buying and selling of goods and
services, or the transmitting of funds or data, over an electronic network,
primarily the internet. It is more than buying and selling products online. It
also includes the entire online process of developing, marketing, selling,
delivering, servicing and paying for products and services.
The world now relies in Internet. E commerce is now major
part of the Internet. Major countries and companies have started selling
online. Home delivery, online payment, satisfaction guaranteed, and money back
returns are provided for trusted and quality products over the Internet.
Everyone relies over Internet.
E-commerce in Nepal:
Many companies have started the trend of E-Commerce in Nepal
decade ago, but the challenges are still the same. The actual sales have not
been able to start due to lack of knowledge, awareness and online payment
systems. Selling globally and inside the country is the same in years. Payment
Gateways are being developed but they have their limitation due to legal and
security issues. The lack of proper knowledge and awareness among the generation
is the major hurdle in Ecommerce. In past recent years due to education and
reach to Internet among the many people in Nepal has brightened the future of
Ecommerce. The interest of students in the field of IT, the growth of IT
companies has helped a lot in the awareness and interest in young generation
for Internet and IT. This has directly created more opportunities for the
growth of E-Commerce in Nepal.
In the year 2016 it is noted that 19.9% of total population
uses internet service. This status proves that there is a huge scope of
E-Commerce in Nepal.
Future of E-commerce
in Nepal:
It’s a practice which no one can escape and avoid. It will
be either today or tomorrow we must adapt to it. Both the development of
payment system, legalizing and securing the payments, creating reliability from
the portals is a major issue. With the growing generation every business will
have to adapt and think about their online existence in future depending on the
nature of business. It will not be too long; there will be a boom in the trend
of ecommerce business soon in Nepal.
Working method:
For buying and selling you must provide the website’s owners
the product and product information you want to buy and sell. For buyer you can
pay them some advance or you will get them on goods delivered and pay them
fully when you receive the products. Person’s contacts and address is
necessary.
For buying and selling
Here are some popular E-Commerce Sites in Nepal:
1) Muncha.com:
Muncha is probably the most popular e-commerce site in Nepal. It is popular
among non-residential Nepalese to send gifts to any part of Nepal. The site is
popular for buying birthday cakes, flowers, gifts, toys as well as electronic
items. You can pay E-banking, credit card or even cash-on delivery.
2) YesKantipur.com:
Launched by Kantipur Publications, Yeskantipur aims to provide everything to
your doorstep. A wide variety of items including books, electronic items, home
appliances, food and beverages are available from different vendors. The
services are available only inside Kathmandu valley with cash-on-delivery or
e-banking. There is no delivery charge for items inside ring road. Special
discounts are announced on the site in regular interval.
3) Rojeko.com:
Rojeko has a wide variety of items for those willing to buy products inside
Nepal or those willing to send gifts to Nepal. Rojeko is mostly focused on
electronic items. Payment can be done via. PayPal, credit cards, e-sewa or
cash-on-delivery. There is always a crazy offer with heavy discount for a
product.
4) Bhatbhatenionline.com:
The popular departmental store, Bhatbhateni has its own e-commerce site.
Different types of items available on departmental store are also available on
its online portal. Payment can be done via. PayPal, e-banking or credit card.
5) Harilo.com:
Harilo allows people in Nepal to buy good from US retails and pay from Nepal.
You can simply odder products from any US-based websites like Amazon and get
them delivered to you in Nepal via. Harilo. In other words, you get the same
services as US citizen. You can pay via. E-banking, PayPal and a lot of other
options which also includes writing a check to Harilo.
6) MetroTarkari.com:
Recently launched by a group of young entrepreneurs, Metrotarkari is a unique
product in Nepal which delivers vegetables at your doorstep. With an ambition
of reducing the gap between farmers and customers, the site allows users to
select vegetables, fruits or meat online and get them delivered at the doorstep
with cash-on-delivery facility.
7) Foodmandu.com:
Foodmandu is another unique service, which delivers food from different
restaurants in Kathmandu and Lalitpur to your doorstep. It has a list of 75
different restaurants in valley and their menus from which you order any items
of your choice. The items get delivered within an hour and payment can be cash-on-delivery.
Benefit from
E-commerce:
·
No Standing in Queues
or Being Placed on Hold Forever
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