E-COMMERNCE
E-commerce, short for electronic commerce, is the buying and selling of goods or services, and the transfer of funds or data, using the internet. It operates through virtual storefronts, online marketplaces, or social media, allowing 24/7 transactions. Examples include Amazon, Etsy, or mobile app purchases. Wikipedia Wikipedia +3 Key Aspects of E-commerce Definition: It covers the entire online process of developing, marketing, selling, delivering, servicing, and paying for products and services. Main Types: B2C (Business-to-Consumer): Companies selling directly to end-users (e.g., purchasing clothes from a brand website). B2B (Business-to-Business): Companies selling to other businesses, often wholesale. C2C (Consumer-to-Consumer): Individuals selling to others, commonly via platforms like eBay or Facebook Marketplace. TYPE OF E-COMMERCE 1. -to-Consumer Business(B2C) Definition: Businesses sell directly to individual consumers. Examples: Buying shoes from ...