Quick Answer: What Are The Types Of E Commerce?

Who is the father of e commerce?

Michael AldrichMichael Aldrich (22 August 1941 – 19 May 2014) was an English inventor, innovator and entrepreneur.

In 1979 he invented online shopping to enable online transaction processing between consumers and businesses, or between one business and another, a technique known later as e-commerce..

What are the main types of e commerce?

There are four traditional types of ecommerce, including B2C (Business-to-Consumer), B2B (Business-to-Business), C2B (Consumer-to-Business) and C2C (Consumer-to-Consumer).

What is E Commerce and its types?

E-commerce is also known as electronic commerce or internet commerce. … Transaction of money, funds, and data are also considered as E-commerce. These business transactions can be done in four ways: Business to Business (B2B), Business to Customer (B2C), Customer to Customer (C2C), Customer to Business (C2B).

What are the two main categories of e commerce?

B2B and B2C are the two most prominent types of e-Commerce in the world today and they are the traditional transaction types that most people think of when they hear the word e-Commerce. Businesses are able to specialize and operate in more than one type of e-Commerce.

What are the unique features of e commerce?

The seven unique features were Ubiquity: available everywhere and all the time; Global Reach: users or customers can obtain total enterprise electronic commerce; Universal Standards: is shared by all countries around the world standard; Richness: complexity and message content; Interactivity: which allows for two-way …

What are the six types of e commerce?

There are 6 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)Consumer-to-Administration (C2A)

What are the top 10 ecommerce sites?

List of the top 10 American e-commerce platforms by monthly trafficAmazon. Founded in the US in 1994, Amazon started as an online bookstore that later diversified to products including media, electronics, apparel, furniture, food, toys, and jewelry.eBay. … Walmart. … Etsy. … Home Depot. … Target. … Best Buy. … Wayfair. … More items…•

What are the types of website?

Here are the 8 different types of websites:Homepages. — The homepage is your site’s main hub and serves as the face of a brand. … Magazine websites. — … E-commerce websites. — … Blogs. — … Portfolio websites. — … Landing pages. — … Social media websites. — … Directory and contact pages. —

What is E business model?

An e-business model is simply the approach a company takes to become a profitable business on the Internet. There are many buzzwords that define aspects of electronic business, and there are subgroups as well, such as content providers, auction sites and pure-play Internet retailers in the business-to-consumer space.

What is e commerce in simple words?

Electronic commerce or e-commerce (sometimes written as eCommerce) is a business model that lets firms and individuals buy and sell things over the internet. E-commerce operates in all four of the following major market segments: … Business to consumer. Consumer to consumer. Consumer to business.

How do I get started in e commerce?

How to Start an Ecommerce BusinessStep 1: Research the ecommerce space and find your niche. … Step 2: Select your business name and choose a legal structure. … Step 3: Apply for an EIN. … Step 4: Obtain business permits and licenses. … Step 5: Choose your ecommerce platform and create your website. … Step 6: Source or develop (and list) your products.More items…•

How many types of e commerce sites are there?

Here are the different types of ecommerce website: Individual brand website (one seller) Online retailers (select number of sellers) Marketplaces (multiple sellers)

What is the largest type of e commerce?

B2BThis is when a transaction of goods or services occurs between two businesses. B2B is one of the largest types of e-commerce in the U.S., with total sales eclipsing $9 trillion in 2018. In fact, B2B is expected to be double the size of B2C by 2020.

What is e commerce transaction?

Ecommerce, also known as electronic commerce or internet commerce, refers to the buying and selling of goods or services using the internet, and the transfer of money and data to execute these transactions. … Global retail ecommerce sales are projected to reach $27 trillion by 2020.

Which is a function of e commerce?

The online shop needs to integrate with other functions of e-Commerce to drive visits and sales, manage payments and deliveries, and keep customers happy. So, this guide covers the integration of e-Commerce with key functions like marketing, finance and supply chain.