E-Commerce

Electronic commerce is the process of exchanging (selling and buying) through computer networks. There are a variety of examples on e-commerce on the internet, for instance: Amazon and E-bay. E-commerce may take different forms depending on the buyer or the seller. It includes: Business to Consumer (B2C), Busines to Business (B2B), Government to Business (G2B), Government to Consumer (G2C) and Consumer to Consumer (C2C).

B2C                                                                                 B2B

      

Benefits of e-commerce:

1. Overcome geographical limitations2. Gain new customers wth search engine visibility3. Lower costs4. Locate the product quicker5. Eliminate travel time and cost6. Provide comparison shopping7. enable deals, bargains, coupons, and group buying8. Provide alot of iformation9. create targeted communication10. Remain open all the time