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why is the barcode technology essential for Ecommerce

why is the barcode technology essential for Ecommerce

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IoT For All

- Publish Date: September 24, 2022

avatar

IoT For All

- Publish Date: September 24, 2022

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Barcodes are less cost effective so that everyone can use them freely. Barcodes are widely used around the world in many aspects like education, stores, shops, malls, medical, packaging, inventory and corporate industry, etc. Nowadays, barcodes are very beneficial to us and also became necessity for most of the sectors and industries. Barcodes are designed to track stock, trade and identify the product. Use of barcodes can easily reduce human errors at a very large extent.
Ecommerce is defined as any site which allows you to sell and buy products through online medium example is Amazon, Flipkart, etc. Ecommerce is also defined as any transaction completed through any electronic medium. Ecommerce is of six types i.e. B2B, B2C, B2G, C2B, C2G and C2C. Where, B and C stand for Business and Consumer respectively. Ecommerce is everywhere either it is computer, phone or any other smart device. Nowadays, Ecommerce is gaining name and fame because everything can be purchased through Ecommerce.
ā€¢ Business to Business ļƒ  B2B is the process of selling goods and services from one business to another.
ā€¢ Business to Consumer ļƒ B2C is defined as when Businesses allowing consumers to purchase products through online medium/sites by staying at home and saving their precious time.
ā€¢ Consumer to Consumer ļƒ  It is described as when consumer bought a product from a site and he/she wants to return that but forget to return the product due to some reason. After that When, he/she sell that product on another site. Then, this whole process comes under C2C Ecommerce.
ā€¢ Business to Government ļƒ  Sometimes ecommerce companies are developed only for governmental agencies and administrations. Example: when ecommerce companies are developed to produce items for civil and defensive services for their national and international projects or missions.
ā€¢ Consumer to Business ļƒ  Consumers are also allowed to create their ecommerce sites to engage with several other companies and offer their services to those companies.
ā€¢ Consumer to Government ļƒ  This one is the last most type of ecommerce which is developed from citizen to government. These sites are used when government need some public views or information.
HOW BARCODES ARE USED IN ECOMMERCEļƒ 
1. Barcodes are designed to receive order quickly as soon as possible.
2. Ecommerce Industry use barcodes to track their products in warehouse.
3. Barcodes are also very useful for ecommerce to identify goods and services accurately in minimum possible time.
4. Barcodes are developed to fetch the informative details of a product.
5. Use of barcodes is able to reduce manual entries of data.
6. Barcodes facilitates us with better management of warehouses in ecommerce businesses.
7. Barcode Scanner Scan the Code of a product to track the Product as it moves around the Warehouse.
8. Barcodes ensures easy and accurate identification of product.
BENEFITS OF ECOMMERCEļƒ 
1. INTERNATIONAL SALES: - An ecommerce company can never be limited to any geographical area. Company can sell their products to anyone all over the world. Ecommerce is convenient for consumers also. They can easily look up products of their choices.
2. LESS COST: - Ecommerce companies require warehouse and sites where physically ongoing business need to pay rent, insurance, building maintenance, electricity bill and many more things. Ecommerce Company is a greater earning source.
3. CONVENIENCE: - Ecommerce is available 24 hours and 7 days in a week. These companies can hold lot of work loads, multiple technical processes and algorithms. Ecommerce is the best way to generate source of income during sleep time also.
4. INCREASE SALES: - Ecommerce companies can acquire consumerā€™s attention towards their products by advertising their goods and services. Mostly this technique is used when there is a drop in sales rate of a particular product.
5. TIME SAVING: - company save time by labelling all the items of a warehouse to make the operations much faster and efficient.

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