E-Commerce:
E-Commerce abbreviated as Electronic Commerce. Buying and selling goods and services over electronic network is called as E-Commerce.
- Most of E-Commerce faces the credit cards fraudulent.
- In 1980's ms Email AOL, 1990's eBay and amazon came to known for E-Commerce industries. And 2000's Flipkart, snapdeal, Ajio, paytm are dominating E-Commerce industries.
Advantages of E-Commerce:
- Generations big time consuming medium.
- Because of E-Commerce error reduction.
- Endless possibilities of rapid growth through new innovations.
Types of E-Commerce:
There are three types of E-Commerce given below,
There are three types of E-Commerce given below,
- Business-Businesses E-Commerce
- Business-Consumer E-Commerce
- Consumer-Consumer E-Commerce
Business-Businesses E-Commerce:
- In this process one company conducting business with other company
- For example business conducted between wholesale seller and retail seller.
Business-Consumer E-Commerce:
- In this process business is conducted between company and the customer directly through electronic medium.
- For example Amazon selling products to customers through online.
Consumer-Consumer E-Commerce:
- In this process consumer makes direct contact with each other through online medium.
- Best example for consumer to consumer business is residential property, intellectual property and real estate.
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