Definition of an E-commerce website

Hi there, today I will tell about definition of an E-commerce website, types of it and their defenitions. 

"E-commerce is usually associated with buying and selling over the Internet, or conducting any transaction involving the transfer of ownership or rights to use goods or services through a computer-mediated network.

Though popular, this definition is not comprehensive enough to capture recent developments in this new and revolutionary business phenomenon. A more complete definition is

E-commerce is the use of electronic communications and digital information processing technology in business transactions to create, transform, and redefine relationships for value creation between or among organizations, and between organizations and individuals."(Gupta, 2014, p.1-2)

Let's review types of E-commerce websites:

• Business-to-business (B2B) 

This is the type of e-commerce that deals with relationships between and among businesses.

• Business to-consumer (B2C) 

Commerce between companies and consumers.

• Business-to-government (B2G)

Commerce between companies and the public sector. It refers to the use of the Internet for public procurement, licensing procedures, and other government-related operations. 

• Consumer-to-consumer (C2C) 

Commerce between private individuals or consumers.

• Mobile commerce (m-commerce)

Buying and selling of goods and services through wireless technology-i.e. handheld devices such as cellular telephones and personal digital assistants (PDAs).

(Gupta, 2014)

In my blog you can find article about types of e-commerc with pictures and links.

 Reference:

Gupta, A., (2014) 'E-Commerce: Role of E-Commerce in today’s business.' International Journal of Computing and Corporate Research, 4 (1), pp.1-8. [online] Available at: <http://www.ijccr.com/January2014/10.pdf> [Accessed 17 January 2023]