What Is E-commerce? Examples and Benefits

If you ever wondered what e-commerce was or you were interested in starting an e-commerce business this is the post for you! I am going to give you definitions, examples and benefits of e-commerce!

What is E-commerce?

E-commerce is the buying and selling of good or services via the internet.

Types of E-commerce:

Business to Business (B2B):

Businesses selling good and services to each other. Examples include: software and raw materials

Business to Consumer (B2C):

Businesses selling goods or services to their customers. Examples include:

Direct to Consumer (D2C):

Newest model of ecommerce! A brand is selling directly to their end customer without going through a retailer, distributor, or wholesaler. Examples: Subscriptions and selling on platforms via Instagram and Facebook

Consumer to Consumer (C2C):

Consumers selling their goods or services to other consumers. Examples include: eBay, Etsy, Fivver, resellers

Consumer to business (C2B):

Consumers selling their goods or services to a business. Examples include: photographers, freelance writers, consultants

Examples of e-commerce:

  1. Subscription
  2. Retail
  3. Digital Products
  4. Wholesale

Examples of e-commerce websites:

  • Amazon
  • eBay
  • Alibaba

Benefits of E-commerce:

Global marketplace

Convenience

Interested in starting your own online business? The Prosperity Formula – How To Start A Profitable Online Business

2 thoughts on “What Is E-commerce? Examples and Benefits

  1. Your way of describing the whole thing in this piece of writing is actually fastidious, everyone can without difficulty know it, Thanks a lot.

    Like

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