Tuesday 2 September 2014

What is “ecommerce” in Business?

Ecommerce consist with purchasing and selling the products and goods over the internet or we can say online business activities. Electronic Commerce – ecommerce a type of business model that including the transfer of ownership and goods or services between organizations through electronic channels. Simply, when you purchasing online goods or services, you are participating in ecommerce. Online trading is convenient due to its 24 hours availability and can be useful for enterprise level as well.

You can start your business online with creating an affiliate site that has a functional store that involving selling your own products etc. There are four types of ecommerce listed below:

•    B2B (Business to Business): B2B ecommerce between companies. This type of ecommerce deals with among business.

•    B2C (Business to Consumer): B2C ecommerce between companies and consumer including information of goods, receiving and purchasing goods over an electronic channel.  

•    C2B (Consumer to Business): C2B is the third form of ecommerce. In this consumers post the project online and companies bid on the project.

•    C2C (Consumer to Consumer): C2C ecommerce between consumers or individual. C2C ecommerce has many benefits. In this form a perfect platform for buyers and sellers.