E-commerce, short for electronic commerce, refers to the buying and selling of products or services online. It involves transactions that are completed digitally through the internet, mobile devices, or other digital channels.
There are several types of e-commerce businesses, including:
1. Business-to-consumer (B2C):
This type of e-commerce involves transactions between businesses and individual customers. Examples include online retailers like Amazon and Walmart.
2. Business-to-business :
B2B e-commerce involves transactions between businesses. This can include companies that provide goods or services to other businesses, like software providers, marketing agencies, and manufacturers.
3. Consumer-to-consumer (C2C):
C2C e-commerce involves transactions between individual consumers. This can include online marketplaces like eBay and Etsy, where users can buy and sell products from each other
4. Consumer-to-business (C2B):
In this type of e-commerce, consumers offer their products or services to businesses. Examples include freelance marketplaces like Upwork and Fiverr.
5. Business-to-administration (B2A):
e-commerce involves transactions between businesses and government entities. This can include government procurement websites and other online portals used to conduct business with government agencies.
6. Consumer-to-administration (C2A):
C2A e-commerce involves transactions between individual consumers and government entities. Examples include paying taxes or renewing a driver’s license online.
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