Electronic commerce, sometimes known as "e-commerce," involves the selling and purchase of products and services via the Internet. The main difference between commerce and electronic commerce is the marketplace in which they operate. Commerce operates in a physical marketplace, whereas electronic commerce operates only in an electronic or digital marketplace.
The Different forms of E-Commerce are as follows:
1. Business-to-consumer[B2C]:
B2C is an e-commerce business model where businesses sell their goods and services directly to customers. Customers directly access these platforms and purchase the products they desire. The business-to-consumer (B2C) model Platforms for electronic commerce, such as Amazon.com, enable users to buy a wide range of products without leaving the website.
2. Business to Business[B2B]:
What constitutes business-to-business e-commerce are transactions that take place between companies. This kind of online commerce is centred on serving other companies. Example Alibaba
3. Consumer-to-Consumer [C2C]:
C2C allows for purchases to be made directly between buyers. These platforms let people sell directly to clients. eBay is a popular business-to-consumer (B2C) e-commerce site where users may buy and sell electronics, clothing, and accessories.
4. Consumer-to-Business [C2B]:
The consumer-to-business concept is based on the idea that a brand may get an edge in the market by having customers develop a product. The term refers to user-generated content such as blogs, websites, videos, and social media postings that contribute to a company's overall health, particular tasks, and objectives. For instance, on the business-to-business (C2B) portal Freelancer.com, companies post projects and freelancers submit bids to finish them.
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