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E-Commerce (EC), associate abbreviation for electronic commerce, is that the shopping for and mercantilism of products and services, or the sending of funds or knowledge, over associate system, primarily the web.

These business transactions occur either as business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer or consumer-to-business. The terms e-commerce and e-business are typically used interchangeably. The term e-tail is additionally generally employed in regard to the transactional processes for on-line looking.

Business-to-consumer (B2C) is that the retail a part of e-commerce on the web. it’s once businesses sell merchandise, services or info on to shoppers. The term was fashionable throughout the dot-com boom of the late Nineties, once on-line retailers and sellers of products were a novelty.

Today, there are countless virtual stores and malls on the web mercantilism all kinds of commodity. the foremost recognized example of those sites is Amazon, that dominates the B2C market.

Consumer-to-consumer (C2C) could be a form of e-commerce within which shoppers trade merchandise, services and knowledge with one another on-line. These transactions are usually conducted through a 3rd party that gives an internet platform on that the transactions are meted out.

Online auctions and classified advertisements are 2 samples of C2C platforms, with eBay and Craigslist being 2 of the foremost fashionable of those platforms. as a result of eBay could be a business, this kind of e-commerce may even be known as C2B2C — consumer-to-business-to-consumer.

Consumer-to-business (C2B) could be a form of e-commerce within which shoppers build their merchandise and services offered on-line for corporations to bid on and buy. this can be the other of the normal commerce model of B2C.

A popular example of a C2B platform could be a market that sells royalty-free images, images, media and style parts, like iStock. Another example would be employment board.

Business-to-administration (B2A) refers to transactions conducted on-line between corporations and public administration or government bodies. several branches of presidency are obsessed on e-services or merchandise in a way or another, particularly once it involves legal documents, registers, Social Security, fiscals and employment. Businesses will offer these electronically. B2A services have mature significantly in recent years as investments are created in e-government capabilities.

Consumer-to-administration (C2A) refers to transactions conducted on-line between individual shoppers and public administration or government bodies. the govt. seldom buys merchandise or services from voters.

However people oftentimes use electronic means that within the following areas:

  • Education: dispersive info, distance learning/online lectures, etc.
  • Social security: distributing info, creating payments, etc.
  • Taxes: filing tax returns, creating payments, etc.
  • Health: creating appointments, providing info concerning sicknesses, creating health services payments, etc.

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