E-Commerce

What is it?

What is it?

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The buying and selling of products and services by businesses and consumers through anelectronic medium, without using any paper documents. E-commerce is widely considered thebuying and selling of products over the internet, but any transaction that is completed solelythrough electronic measures can be considered e-commerce.

E-commerce is subdivided into three categories: business to business or B2B (Cisco), business toconsumer or B2C (Amazon), and consumer to consumer or C2C (eBay).

E-commerce businesses usually employ some or all of the following practices: Provide Retail or virtual storefront on websites with online catalogs, sometimes gathered into a

"virtual mall" Buy or sell on websites or online marketplaces. Gather and use demographic data through web contacts and social media. Reach prospective and established customers by e-mail or fax (for example, with newsletters). Use business-to-business buying and selling. Provide secure business transactions

Contd…

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Examples?

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Can you name few more?