E-commerce is the activity of electronically buying or selling of products on online services or over the Internet. E-commerce (electronic commerce) is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet. These business transactions occur either as business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer or consumer-to-business.
What Is E-Commerce?
Business-to-Business (B2B) - Business-to-business is a situation where one business makes a commercial transaction with another. This typically occurs when: A business is sourcing materials for their production process for output, i.e. providing raw material to the other company that will produce output
Business-to-Consumer (B2C) - Direct-to-consumer or business-to-consumer is the business model of selling products directly to customers and thereby bypassing any third-party retailers, wholesalers, or any other middlemen.
Mobile Commerce (M-Commerce) - The term mobile commerce was originally coined in 1997 by Kevin Duffey at the launch of the Global Mobile Commerce Forum, to mean "the delivery of electronic commerce capabilities directly into the consumer’s hand, anywhere, via wireless technology."
Facebook Commerce (F-Commerce) - F-Commerce refers to e-commerce that takes place in the Facebook environment. It is a modality of the so-called Social Commerce, which takes advantage of social networks to sell all kinds of products without having to make a large investment.
Customer-to-Customer (C2C) - Customer to customer (C2C) is a business model that enables customers to trade with each other, frequently in an online environment. C2C businesses are a type of business model that emerged with e-commerce technology and the sharing economy.
Customer-to-Business (C2B) - Consumer-to-business is a business model in which consumers create value and businesses consume that value. For example, when a consumer writes reviews or when a consumer gives a useful idea for new product development then that consumer is creating value for the business if the business adopts the input.
Business-to-Administration (B2A) - Business-to-government, also known as business-to-administration, refers to trade between the business sector as a supplier and a government body as a customer.