E-commerce

What is E-commerce?

E-commerce refers to the buying and selling of goods and services over the internet. It encompasses various online business models, including online retail stores, marketplaces, and business-to-business (B2B) transactions. E-commerce allows businesses to reach a global audience, streamline sales processes, and offer convenient shopping experiences.

Types of E-commerce

• Business-to-Consumer (B2C): Retail sales to individual customers through online stores.
• Business-to-Business (B2B): Transactions between businesses, such as wholesalers and manufacturers.
• Consumer-to-Consumer (C2C): Transactions between individuals, often through online marketplaces.

Related Terms and Concepts

Online marketplace, digital transactions, payment gateway, dropshipping.