E-commerce Essentials: Digital Commerce & Online Business Benefits
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What is E-commerce?
Definition of E-commerce
E-commerce is the process of conducting commercial transactions, such as buying and selling goods or services, using the internet and electronic communication.
Types of E-commerce
- Business-to-Consumer (B2C): Businesses selling directly to individual consumers (e.g., online retailers).
- Business-to-Business (B2B): Businesses selling to other businesses (e.g., wholesale suppliers).
- Consumer-to-Consumer (C2C): Individuals selling directly to other individuals (e.g., online marketplaces).
- Mobile Commerce (M-commerce): Transactions conducted through mobile devices.
Significance of E-commerce
E-commerce is important because it offers businesses the ability to reach a global audience, operate 24/7, reduce costs,... Continue reading "E-commerce Essentials: Digital Commerce & Online Business Benefits" »