A Brief Look at E-Commerce - 612 Words

E-commerce – This is about the purchases and sales of goods and/or services via electronic channels e.g. internet. It is very convenient to use online retail because it is available 24 hours; it is a global reach and ease of customer service. E-commerce was first introduced in the 1960’s and is not just on the web. It was created via electronic data interchange and through valued-added networks. In the 1990’s e-commerce was changed due to the introduction of Amazon and eBay which enabled costumers to sell things online. There are four different types of e-commerce: .B2B (business to business) – This e-commerce is about companies doing business with each other e.g. wholesalers selling to retail. .B2C (business to costumer) – This is about retail selling products to costumers. Costumers put things in a shopping basket and pay for them without the need of any of person, such as Amazon. .C2B (costumer to business) – A costumer would post a project with a set amount of money online and business bid on the project e.g. elance. C2C (customer to customer) – this type of e-commerce is about online websites (such as eBay) where people can put products on them to sell onto to other people. This shows retail businesses, which is business to customer. This shows customer to customer e-commerce. This shows online banking. This show businesses to businesses e-commernce because businesses buy products from a cash and carry and sell it on in profit.Show MoreRelatedEbay’s E-Commerce Success1032 Words   |  5 PagesEbay’s E-Commerce Success How Ebay Used IT to make it Big Kent Kirkwood Intro to Business, BA101 Professor Williams February 2nd, 2011 Ebay’s E-Commerce Success How Ebay Used IT to make it Big Ebay had an unusual start, when a 28 year old programmer named Pierre Omidyar, created a site to sell items online stated, Hsiao, A (n.d.). He posted some broken laser pointers for sale in an auction-style listing. He meant this to be an example for other things to be listed for sale. Then theRead MoreTechnology Makes the World Smaller1697 Words   |  7 PagesTechnology Make the World Smaller Office 2004 Test Drive User Table of Contents Commerce 4 Dell6 Ebay 7 E-cash8 Work Cited11 Footnotes12 Technology Makes the World Smaller The international marketplace is changing very fast every day. 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