What Is E commerce And Types Of E commerce Websites?

E -commerce is a website that permits you to purchase and sell tangible merchandise, advanced items or services online. Trade, be it barter exchange or purchasing and selling of products and enterprises has been prevalent for quite a long time. E-Commerce, otherwise called e-Business, or electronic business, is just the sale and purchase of services and products over an electronic medium, like the Internet.

Types of E-Commerce websites

Every type of e-commerce website has their formats to sell products:

Business-to-Business (B2B): Electronic exchanges of merchandise and enterprises between companies. Example: A business sells SAS items to other businesses.

Business-to-Consumer (B2C): Electronic exchanges of products and enterprises between companies and consumers. Example: You purchase a new shirt from an online store.

Consumer-to-Consumer (C2C): Electronic exchanges of products and enterprises between consumers, generally through an outsider. 

Consumer-to-Business (C2B): Electronic exchanges of merchandise and enterprises where people offer items or services to companies. Example: A Web-based media influencer offers exposure to their online audience in exchange for a fee.