Advantages Of E-Commerce In The Modern World

Advantages Of E-Commerce

The process of buying or selling goods and services, or transmitting data or fund using an electronic network like the internet is referred to as ecommerce. Ecommerce has been growing tremendously over the past few years, due to the different advantages it offers to the customers as well as the businesses. If you are considering integrating ecommerce within your current business plan, there are several websites like to make the process easier. According to the experts at, there is no better time than now to shift to ecommerce.

Ecommerce can generally be defined as any transaction that occurs online between a supplier and a client. However, ecommerce can be divided into six different types based on their characteristics. Let’s take a look at them here:

· Business-to-Business (B2B)
This particular type of ecommerce covers all types of electronic transaction of services or goods between different companies. Generally, manufacturers or producers and traditional wholesalers operate using this model.

· Business-to-Consumer (B2C)
This represents the retail part of ecommerce. It occurs between businesses and their customers. It is similar to how a customer goes to a brick and mortar store to complete their purchases. However, e commerce has made it easy for customers to search for the exact product they are looking for and complete the purchase using this type of ecommerce.

· Consumer-to-Consumer (C2C)
When consumers conduct their transaction with one another using an online platform, t is referred to as a Consumer-to-Consumer type of ecommerce. There are several websites that offer consumers a chance to sell each other products. For example, you might have come across websites that offer people to post their second hand products online, and allows the other visitors to browse through and purchase if they so desire. This particular business model has been catching up with people trying to declutter their homes and get rid of stuff that they no longer use.

· Consumer-to-Business
This particular type of ecommerce is the total opposite of the traditional business to consumer model. Here, the consumers offer their products or services to the businesses that are on the lookout for this particular type of goods or services. For example, consider websites where professional photographers put up their images for sale. The final consumer gets to choose from the website which includes photographs from other consumers.

· Business-to-Administration (B2A)
This ty of ecommerce is usually carried out between businesses and public administration. With e-government making a breakthrough in many countries, this type of ecommerce has also become more popular. It usually consists of different services related to fiscal, employment, register, legal documents, etc.

· Consumer-to-Administration (C2A)
This type of ecommerce basically includes any transaction between any person and the public administration. For example, services related to distance learning, filing tax returns, payment of health services, making payments, information about illnesses disseminating information and so on. This model makes it easier for individuals to deal with the new system of e-governance and help the country move forward with information and communication technology. The ability of ecommerce to help improve the status of businesses as well as the daily lives of the consumers is one of the major reasons why it has grown in popularity so quickly.

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