What is eCommerce?
E-commerce is short for ‘Electronic Commerce‘. It is the activity of electronically buying or selling of any products or online services over the Internet. The most popular example of eCommerce is online shopping. It is also defined as buying and selling of goods via the internet using any device such as PC, Tablet, Mobile and the likes. However, eCommerce can also entail other types of activities, such as online auctions, payment gateways, online ticketing, and internet banking.
What is an eCommerce Business?
An eCommerce business is a profitable business when done right. Since the definition of ecommerce is so open-ended (it literally includes any type of buying or selling of goods or services online) there are so many different types of ecommerce businesses that exist. the best way to begin to describe different ecommerce businesses, and the different types of ecommerce businesses, is to break them down into the types of ecommerce business models that exist.
What are the Different Types of eCommerce Business Models?
- Business-to-Business (B2B)
- Business-to-Consumer (B2C)
- Mobile Commerce (M-Commerce)
- Facebook Commerce (F-Commerce)
- Customer-to-Customer (C2C)
- Customer-to-Business (C2B)
- Business-to-Administration (B2A)
What is an eCommerce Store?
Stores that sell their products online are ecommerce stores or ecommerce businesses. For example, Amazon.com, Alibaba and Aliexpress of China are a few among the most popular online stores in the ecommerce industry.
Because web-based sales recognize no national or international boundaries, you can publish your e-commerce site on the net today, and have new prospects approaching you from the other side of the world tomorrow.
Selling your products from an e-commerce enabled website is the perfect business model for hard times like these, especially if your business is a B2C type operation that deals directly with the end customer.
With eCommerce Store, you can get your piece of the Multi-Million Dollar eCommerce Pie, even if you have ZERO online experience..
There are plenty of reasons why starting an e-commerce site for your business makes a great deal of sense for both you and your prospects and customers. There might never be a better time than right now. From your own businesses point of view, if you have a way of enabling customers to transact business online through an e-commerce site, you stand to benefit from many advantages.
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