Heard a lot about e-commerce, but don't have a clue what it is?! This article is just for you then! :D
Electronic commerce commonly known as E-commerce is the buying and selling of products and services by businesses and consumers over the Internet and other computer networks.
People use the term "eCommerce" to describe encrypted payments on the Internet.
The term e-commerce may also refer to the entire online process of developing, marketing, selling, delivering, servicing and paying for products and services.
There are five major types of e-commerce:
Electronic commerce commonly known as E-commerce is the buying and selling of products and services by businesses and consumers over the Internet and other computer networks.
People use the term "eCommerce" to describe encrypted payments on the Internet.
The term e-commerce may also refer to the entire online process of developing, marketing, selling, delivering, servicing and paying for products and services.
There are five major types of e-commerce:
Business-to-business (B2B)
Business-to-consumer (B2C)
Business-to-government (B2G)
Consumer-to-consumer (C2C)
Mobile commerce (m-commerce)
- Business-to-business e-commerce (B2B), is simply defined as e-commerce between companies.
- Business-to-consumer e-commerce (B2C), or commerce between companies and consumers.
- Business-to-government e-commerce (B2G) is generally defined as commerce between companies and the public sector.
- Consumer-to-consumer e-commerce (C2C) is commerce between private individuals or consumers.
- M-commerce (mobile commerce) is the buying and selling of goods and services through wireless technology- i.e., handheld devices such as cellular telephones and personal digital assistants (PDAs).
