E commerce which is also known as Electronic commerce or internet commerce that provides the facilities for buying and selling of good, products or services over the internet. These services provided online over the internet network. Transaction of money, funds and data are also considered as E-commerce. This kind of online business transactions mainly happens in four ways. Which are Business to Business (B2B), Customer to Customer(C2C), Customer to Business(C2B) and Business to Consumer (B2C).

E-commerce, which can be conducted over computers, tablets, or smartphones may be thought of like a digital version of mail-order catalog shopping. Nearly every imaginable product and service is available through e-commerce transactions, including books, music, plane tickets, and financial services such as stock investing and online banking. As such, it is considered a very disruptive technology.

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E-commerce Examples

E commerce can take on a variety of forms involving different transactional relationships between businesses and consumers, as well as various products being exchanged as part of these transactions.

  1. Retail

      The sale of a product by a business directly to the customer without any intermediary.
  2. Wholesale

      The bulk sales of products, often to a retailer that then sells them directly to consumers.
  3. Dropshipping

      The sale of a product, which is manufactured and shipped to the consumer by a third party.
  4. Crowdfunding

      The collection of money from consumers in advance of a product being available in order to raise the startup capital necessary to bring it to market.
  5. Subscription

      The automatic recurring purchase of a product or service on a regular basis until the subscriber chooses to cancel.
  6. Physical products

      Any tangible good that requires inventory to be replenished and orders to be physically shipped to customers as sales are made.
  7. Digital products

      Downloadable digital goods, templates, and courses, or media that must be purchased for consumption or licensed for use
  8. Services

      A skill or set of skills provided in exchange for compensation. The service provider's time can be purchased for a fee.

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