Do you know what is e-commerce?
E-commerce is a form of business that takes place online or through the Internet. Simply put, when buying or selling something online, the term e-commerce is used or e-commerce for short.
Earlier years, it wasn’t possible but now, thanks to e-commerce, you don’t always have to rush to the vegetable market or supermarket to save your time. This is convenient because you can already buy everything online. In fact, in the face of the pandemic, e-commerce has proven to be the safest medium available to businesses.
How important are e-commerce websites?
E-commerce websites, like traditional physical retail stores, allow customers and businesses to buy and sell on a specific platform. The main difference between e-commerce and physical commerce is that e-commerce takes place exclusively online, not in a physical location. Types of e-commerce websites:
Although the scope of e-commerce is relatively wide, the types of websites that conduct electronic transactions can be classified based on stakeholders.
Business-to-business (B2B):
The B2B platform allows two companies to perform electronic transactions. You can buy Kurti at an online wholesaler if you have a company that sells, such as Kurti.
Business-to-consumer (B2C):
Perhaps best known to the general public is the B2C site, which allows a company and a customer to exchange items or services, such as buying a T-shirt from your favorite online store.
Business-to-Administration (B2A):
B2A sites, such as the website of the company that creates the online portal in your city, allow electronic transactions between the organization and the public entity. Among consumers (C2B):
Individuals sell goods or services to companies on websites among customers (C2B). An influencer who is paid to promote a company’s products may be a freelance SEO specialist who works with companies in a specific area.
Customer-to-administration (C2A):
Like B2A, this form of website allows consumers to provide information, products or services to government and government agencies – don’t forget to pay for a parking card through your city’s website.
Consumer to consumer (C2C):
The consumer-to-consumer (C2C) site, sometimes known as a marketplace, facilitates the sale of goods between two or more individuals. Websites like Etsy and eBay are good examples. Direct to consumer (D2C):
D2C e-commerce occurs when a manufacturer or manufacturer sells its products directly to consumers through its website. The D2C e-commerce model only “breaks” the middleman.
Products sold through the e-shop:
The e-commerce component allows retailers to offer a wide range of different products, some of which cannot be sold in a physical store.