Short E-commerce Definition and Types of Ecommerce

E-commerce Definition

Ecommerce is basically a buying and selling of products, goods, and services online using an electronic payments gateways and by the mean of the internet. Ecommerce or Ebusiness people mostly take as a reference to online shopping but is more than that any business which is conducted through the internet and electronic payments are involved it is actually an ecommerce.

Types of Ecommerce

Business To Business(B2B): The business b/w both business parties e.g Traders, Manufacturers, Retailers

Business to Consumer (B2C): When businesses sell some products or goods electronically to the end user.

Consumer to Consumer (C2C): Auction sites are a good example of C2C ecommerce. When Consumer sell their products to another Consumer

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