Magento – Overview cms
What is E-commerce?
E-commerce (Electronic Commerce) is a type of business that involves the commercial transaction or purchasing or selling of goods and services through electronic channels known as internet. It was first introduced in the year 1960 through EDI (Electronic Data Interchange) on VAN (Value-added network). Using E-commerce, you can sell physical products or services (where the payment is made online).
Following are the categories of E-commerce −
B2B (Business to Business) − This transaction is between businesses. It is between the wholesaler and the retailer or between the manufacturer and the wholesaler. B2C (Business to Consumer) − This transaction is between businesses and consumers. In this type of transaction, merchants sell products to consumers through shopping cart software. C2C (Consumer to Consumer) − In this type of transaction, one consumer or customer interacts with other consumers through internet. C2B (Consumer to Business) − This transaction is between the consumer or the customer and businesses or organizations where the consumer makes a product that the organization uses it to complete the business.What is Magento?
Magento is an open source E-commerce software, created by Varien Inc.,which is useful for online business. It has a flexible modular architecture. It is scalable and it has many control options that helps the user to build both user-friendly and search engine friendly websites.
Magento uses E-commerce platform which offers companies the ultimate E-commerce solutions and extensive support network. Magento allows user to update E-commerce website automatically. It is simple, quick and versatile to use.
Magento was developed by Varien Inc., and it was first released on March 31, 2008.
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