BuildaBazaar exactly does the “e” denote?The definition you will

BuildaBazaar The Complete E-commerce EcosystemE-Commerce is one of those buzzwords flying around nowadays that, unless you were living under a rock for the last 20 years, you’ve no doubt heard and probably not thought twice about. Or maybe you are one of those folks who has given this subject a little thought. If you are, then you can count yourself among the smarter breed. But those who are not yet enlightened would be wondering, what is it? Is it a website, a shopping cart, or something else? And what exactly does the “e” denote?The definition you will come across if you simply search e-commerce over the internet and land on the Wikipedia page. the source of all knowledge and wisdom in the modern world is “E-commerce is a transaction of buying or selling online. Electronic 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”.So, if we were to put it in simple terms the act of conducting any form of commerce be it purchasing a product, a service or a barter of any kind via the internet can be coined as e-commerce. To those of you who already knew, all this must sound like redundant information and to those who have been living under a rock this mumbo-jumbo must sound useless. Let me make a humble attempt to change that with some facts. E-commerce is expected to grow at a Compound Annual Growth Rate (CAGR) of 28 percent from 2016-20 to touch US$ 63.7 billion by 2020 and overtake the US by 2034.1 The sector reached US$ 14.5 billion in 2016.So if you haven’t boarded this ship sailing towards the future now is the time to do it and BuildaBazaar is the perfect platform to for this.BuildaBazaar is an entire e-commerce ecosystem. An ecosystem in its most base definition is an environment where many organisms or systems co-exist and interact with each other often depending on each other for their own functioning. An e-commerce ecosystem is the same as a physical ecosystem. A typical e-commerce ecosystem has myriad systems involved as well. The major systems or components you could say that define an e-commerce ecosystem are a hosting provider, an internet marketplace, payment gateways, merchant processor, shipping processor and business tools which further includes its own little ecosystem.Hosting ProviderBuildaBazaar is a powerful e-commerce platform offered as a hosted solution – which helps you to build an online store. The Software as a Service (SaaS) model ensures you get a robust and high-performance platform without having to worry about software upgrades and hardware maintenance. To explain this with an analogy, consider your business as a house you are building the hosting platform here the SaaS platform BuildaBazaar is the foundation on the ground. The entire house you build shall be built on this foundation and all pillars supporting your houses shall also be planted in the same foundation.Merchant ToolsThis member of the ecosystem includes the actual commerce related aspects of your business. In our building a house analogy this will the bricks and cement for your house. BuildaBazaar is the platform that lets you customize & create a store and products, as per your requirement. It allows the creation of unlimited store web pages to showcase products. Powerful widgets simplify addition of banners, images and content to a web page. Make changes to the content of the store pages using the on page customization tools.BuildaBazaar also features a comprehensive CMS – Catalog management system to manage your products. Simple web User interface to add new products to the store, manage product description, price, and stock. Powerful bulk tools allow the addition of multiple products and modification of store product information.  Payment GatewayContinuing with our house analogy payment gateways are the water and gas pipelines for your house. Even if you have a beautiful and rigid house there is no point in living there if you do not have access to water. With BuildaBazaar you can collect online payments from your store using Credit cards, Debit cards & Net banking through your own payment gateways. BuildaBazaar supports integration with a number of domestic and international payment gateways like DirecPay, Billdesk, TechProcess, CCAvenue, HDFC, Axis and PayPal. With these myriad convenient payment options available through BuildaBazaar, it gets easy to sell online.Marketing ToolsMerely creating an online store will not be enough in this ever increasingly competitive world. When you create a store, BuildaBazaar also makes sure to get it boosted by the omnipresent internet world. Increase traffic to your store by running online marketing campaigns, BuildaBazaar features several optimizations to enhance search engine rankings and discoverability of the store. Highlight your store with keywords matching the products and brands. To sell online, it gets mandatory for your business to mark its space over prominent Social Networks. Attract customers on social networks. Share information about your store on Facebook and Twitter. Allow customers to engage with your store using social sharing features like Facebook share, Twitter share, and Google+.Aesthetic ToolsThe house that you have built (read business) will go unnoticed and underappreciated if it is not pleasing to customers and I do not mean merely on aesthetics. Just like a house needs wall paint and wallpaper among other decorations and furniture your online store’s website needs a stunning theme. BuildaBazaar has created its own theme store by the name of “Themejungle” to suit every taste and requirement. From background and banners to favicons and user interfaces, the design elements offered at themejunglee.ooo are integrated in a way that feels natural, organic and of course stunning! Themejungle can easily create your unique look and implement it in just 24 hours.Internet Marketplace An internet marketplace in our house analogy is like a beautiful balcony. It is not entirely necessary for the house to have a balcony but if you choose to include one you get to enjoy nice evenings relaxing with warm tea. Buildabazaar offers its users the facility to list their products on all major internet marketplaces like Amazon, Flipkart, Infibeam and others. You can also offer your customers a larger choice of products on your store by complementing your existing merchandise with a larger section of products from Infibeam. Infibeam handles complete fulfilment of products sold from its catalogue.BuildaBazaar is one of the most trusted SaaS platforms to help the businesses that are still in the brick and mortar state enter the digital world and create a global reach. BuildaBazaar is the complete e-commerce ecosystem with everything you might need to not just create a digital brand but also expand it.