E-commerce

What is E-commerce?

E-commerce, also known as “electronic commerce,” is the buying and selling of goods or services electronically on the internet. It can also refer to other online activities like online auctions, ticketing and banking. E-commerce is an essential part of many businesses that rely on the sale of physical products or services online.

What are the different types of ecommerce?

Ecommerce is an essential part of many businesses that rely on the sale of physical products or services online. Here are the main kinds of ecommerce:

  • Business-to-consumer (B2C): B2C is the most common kind of ecommerce. When shoppers buy something from an online store, they are involved in business-to-consumer ecommerce.
  • Business-to-business (B2B): B2B is when businesses sell raw goods or parts through e-commerce to other companies that will then use those materials to create their own products.
  • Consumer-to-consumer (C2C): C2C ecommerce is when consumers sell to other consumers. Sites like eBay and Craigslist are examples of this kind of ecommerce.
  • Consumer-to-business (C2B): C2B ecommerce is when consumers sell their products or services to businesses.
  • Business-to-administration (B2A): B2A ecommerce refers to transactions between businesses and public administration, which includes areas such as Social Security, employment and legal.
  • Consumer-to-administration (C2A): C2A ecommerce refers to transactions between consumers and public administration, where consumers pay for services like taxes and legal document preparation.