E-Commerce is only selling and buying services and assets over an automated medium, like the Internet. It additionally includes electronically selling data and funds b/w two or more individuals. Normally placed, it is online shopping, as we usually understand it.
Types of E-Commerce websites
Many eCommerce sites are specified individually based on the role they achieve.
- Business-to-Business
- Business-to-Consumer
- Consumer-to-Consumer
- Consumer-to-Business
Business-to-Business
Business-to-business is where one company makes a business transaction with different. It usually occurs when: A business is sourcing supplies for its production period. It is storing raw material for the next business that will produce.