E-commerce
means transactions held online, buying or selling of products, nowadays services by business and consumers through some electronic medium without any help of paper.
Nowadays e-commerce is so much in trend.
Do you have a business? do you want to sell your products online? If yes, then you will be joining the millions and billions of entrepreneurs. e-commerce refers to the purchase and sells of goods between the seller and consumers without even having any talk between both. Yes that’s the trend in this busy world no one have time to visit number of shops and verify the prices or spend time in shop just to look for variety of stuff that seller can offer, Majority prefers to save time by just going on Internet and have all the knowledge they want to have and just purchase the product instantly.
After the introduction of smartphones, this has become so easy, popular and worth that mobile commerce has become its own market.With the rise of sites like Facebook and Pinterest, social media has become an important driver of e-commerce. Facebook drove the maximum of social media-originating sales on the e-commerce platform.The changing market represents a vast opportunity for businesses to improve their relevance and expand their market in the online world.
Categories:
E-commerce have some categories. Let’s take a look on some of those.
B2B (Business to Business) — This involves direct communication between two organizations, for example, manufacturers selling to distributors or retailers
B2C (Business to Consumer) — This involves the selling of products directly to customers without any personal interaction with them, this is the perfect example of e-commerce. Nowadays trending e-commerce sites are Amazon, eBay etc
C2B (Consumer to Business) — This involves consumers to post their requirements where companies bid on project and consumer will review the bids then will select the suitable company to deal with. Elance is the best suitable example for this kind of interaction
C2C (Consumer to Consumer) — This takes place within online classified ads, forums or marketplaces where individuals can buy and sell their goods. Examples of this include eBay and Etsy.