Question

Explain e - Commerce with its types and uses ​

Answer 1

There are six basic types of e-commerce — Business-to-Business (B2B), Business-to-Consumer (B2C), Consumer-to-Consumer (C2C), Consumer-to-Business (C2B), Business-to-Administration (B2A) and Consumer-to-Administration (C2A) — and all of them represent a different purchasing dynamic.

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Answer 2

E-Commerce:

• E-Commerce or Electronic Commerce means buying and selling of goods, products, or services over the internet.
• E-commerce is also known as electronic commerce or internet commerce.

Types of E-Commerce:

There are six basic types of e-commerce —

1. Business-to-Business (B2B),
2. Business-to-Consumer (B2C),
3. Consumer-to-Consumer (C2C),
4. Consumer-to-Business (C2B),
5. Business-to-Administration (B2A) and
6. Consumer-to-Administration (C2A)

Uses of E- Commerce:

• Online marketing and purchasing.
• Retail and wholesale.
• Finance.
• Manufacturing.
• Online Auction.