E-commerce is the electronic system which has some process, this process is used by the electronic device to increase your sales in the side of the business. Always E-commerce defines some advantage which very much related with the daily life. Today people are very much flexible with their life.
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You don’t ever think how much people are wanting their daily life comfortable. For the reason Projanmo IT solution firm has taken E-commerce in the market, it’s reliable and trusty. Some people led their life standard way. E-commerce - electronic commerce or EC - is the buying and selling of services and products, or the transmitting of funds or data, over an electronic network, primarily the internet.
These business transactions occur either as B2B (business-to-business), B2C (business-to-consumer), consumer-to-consumer or consumer-to-business. E-commerce is often used to refer to the sale of physical products online, but it can also describe any kind of commercial transaction that is simplified through the internet.
On the contrary, e-business refers to all aspects of operating an online business, e-commerce refers specifically to the transaction of goods and services. We can express with the history of e-commerce begins with the first ever online sale: on August 11, 1994, a man sold a CD by the band Sting to his friend through his website Net Market in an American retail platform.
There are four types of ecommerce models that can describe almost every transaction that takes place between consumer and business………..
Business to Business: A Business to Business refers to the module focus on providing products from one business to another ( e.g. Ecommerce business is related to the software companies, office furniture and supply companies, document hosting companies, and numerous other Ecommerce business models under this heading).
Business to Consumer: When a business sales good or services to an individual customer. B2C sales are the traditional retail model (e.g. online retailers include with the business to consumer, you buy a pair of shoes from an online retailer).
Consumer to Consumer: C2C is the consumer to consumer business, it refers to the good or services sales to another customer (You sell your old furniture on eBay to another consumer).
Consumer to Business: It’s described to a consumer sales their own products or services to a business or organization. (e.g. An influencer offers exposure to their audience on online in exchange for a fee, or a photographer licenses their photo for a business to use).