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What is ecommerce explain?

What is ecommerce explain?

The term electronic commerce (ecommerce) refers to a business model that allows companies and individuals to buy and sell goods and services over the Internet. Ecommerce operates in four major market segments and can be conducted over computers, tablets, smartphones, and other smart devices.

What are the types of e-commerce PDF?

The major different types of e-commerce are: business-to-business (B2B); business to-consumer (B2C); business-to-government (B2G); consumer-to-consumer (C2C);and mobile commerce (m-commerce).

What is ecommerce and types of ecommerce?

There are four traditional types of ecommerce, including B2C (Business-to-Consumer), B2B (Business-to-Business), C2B (Consumer-to-Business) and C2C (Consumer-to-Consumer). There’s also B2G (Business-to-Government), but it is often lumped in with B2B.

What is ecommerce and its benefits?

E-commerce is the buying and selling of goods or services via the internet, and the transfer of money and data to complete the sales. It’s also known as electronic commerce or internet commerce.

What is the importance of ecommerce?

Ecommerce offers business a whole range of opportunities, from marketing opportunities to increasing your products ranges to generating more sales and with an optimised and well developed website you can not only achieve these goals but also offer your customers a round the clock, convenient service, that can boost …

What are the advantages of ecommerce?

Understanding the advantages of ecommerce

  • Faster buying process.
  • Store and product listing creation.
  • Cost reduction.
  • Affordable advertising and marketing.
  • Flexibility for customers.
  • No reach limitations.
  • Product and price comparison.
  • Faster response to buyer/market demands.

What are the six types of e-commerce?

The 6 types of business models that can be used in e-commerce include: Business-to-Consumer (B2C), Consumer-to-Business (C2B), Business-to-Business (B2B), Consumer-to-Consumer (C2C), Business-to-Administration (B2A), and Consumer-to-Administration (C2A).

What are the benefits of e-commerce?

What are the main features of e-commerce?

Features of E-commerce :

  • Ubiquity : E-commerce is widespread, that is, it is available everywhere always.
  • Global Reach :
  • Universal Standards :
  • Interactivity :
  • Information Density :
  • Richness :
  • Personalisation :