E-commerce (electronic commerce) is the activity of buying or selling goods, services, or digital products over the internet using digital devices like computers, tablets, and smartphones.
Common Types of E-commerce
- B2C (Business-to-Consumer): A business sells products or services directly to individual shoppers (e.g., buying shoes from Nike or ordering from Amazon).
- B2B (Business-to-Business): One business sells goods, wholesale inventory, or services to another business (e.g., a software company selling cloud hosting to a retail startup).
- C2C (Consumer-to-Consumer): Individuals sell items or services directly to other consumers, usually through a third-party marketplace (e.g., selling second-hand goods on eBay or OLX).
- C2B (Consumer-to-Business): An individual sells their services, skills, or products to a company (e.g., a freelance designer or online survey participant).
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