What is eCommerce business or eCommerce help tips. eCommerce website design, e commerce business, what is eCommerce, E-commerce is the way of online buying. Electronics commerce is used in many different ways, such as: mobile commerce, electronic fund transfer, supply chain management, internet marketing, online transaction processing and electronic data interchange (EDI). Modern electronics commerce has become an important part of our life, or is managed using the world wide web.
What is E commerce Business
In 1960, e-commerce started with Electronic Data Interchange (EDI). With the expansion of the Internet, the popularity of e-commerce quickly increased. In this context, it was widely spread from 1990 to 2000. Especially in 1995, a new section of e-commerce started with Amazon and eBay. Later in 2010, with the expansion of the mobile, new journeys for e-commerce were added. In this case, various social media networks play an important role in this, especially through Facebook. As a result, in 2013, 1.2 trillion US dollars worth of goods were sold and sold through e-commerce, of which 38 billion US dollars were sold and sold in the US market through mobile phones. The amount of daytime is increasing. At present, we can understand the popularity of e-commerce by seeing the following chart:
E-commerce offers an average transaction every 30 seconds worldwide
Medium US Dollar
- All mediums 12,01,173
- Computer 9,31,490
- Mobile 2,69,683
Type of Ecommerce Business
We can divide e-commerce into four categories. Such as:
- Business to Business (B2B)
- Business to Consumer (B2C)
- Consumer to Consumer (C2C)
- Consumer to Business (C2B)
Business to Business (B2B): B2B is an e-commerce medium, where the services or products of a wholesale business organization are traded for a wholesale or retail business. This business has gained a lot of popularity through the Internet at the present time. Because it is possible to build business relationships very easily with any country worldwide. Popular websites such as Alibaba, Endiamart, GlobalSource etc. Bangladesh Trade Development Council (BDTDC), as the first and largest website of our country, is continuing their activities.
Business to Consumer (B2C): With the Retailer of e-commerce, the business relationship of the consumer is B2C. Consumers’ products can be purchased easily through the retailer through the Internet in everyday life. It’s being very popular in: eBay, Amazon etc.
Consumer to Consumer (C2C): In the case of transactions, the business relationship between the two consumers is C2C. In this case, e-commerce in two consumers works as a means of communication. Here are two popular websites in our country: .com and sales.com
Consumer to Business (C2B): Trading of multiple consumer products or services with a business organization is called C2B. In this case, many people make their products or services through an e-commerce site. Later, a business company would choose any one based on their needs and expertise. Fiber.com is such a popular website.