Easy Tips That Explain How E Commerce Works

It's not difficult to explain how e commerce works. E commerce is simply the exchange of goods and/or services electronically. When you buy something from eBay, Amazon.com or any online store, you've participated in e commerce. If you've ever downloaded music from a site like Napster or iTunes, that's e commerce, too. First, lets discuss the different types of e commerce to help you understand it better.

B2B: B2B or business-to-business e commerce is the oldest form of e commerce. Back in the 1960s, banks and other businesses began sharing and transferring files and information electronically. It was still limited, because there was not one standard way of conducting this business, so not all businesses could successfully transfer with each other. Once a reliable standard was set up in the 80s, B2B e commerce really took off, because they all used the same method, and could exchange files much more easily.

C2C: Consumer-to-consumer, or C2C e commerce is popular today. If you've ever purchased something online from another person, rather than a business, either through an ad posting on a electronic bulletin board or an online auction, you've participated in consumer-to-consumer e commerce. By far, the most popular from of consumer-to-consumer e commerce is in the form of online auctions, through the mammoth eBay auction site, where anyone can put goods online for sale to the highest bidder.

P2P: P2P or peer-to-peer e commerce started with Napster, where users shared files for free. Now there are several similar websites and file-sharing programs and systems online.

B2C: We can't explain how e commerce works without mentioning the huge amount of e commerce that takes places from business-to-consumer. When anyone purchases anything, whether it's a download of something electronic or any item that must be shipped to the buyer, at an online store or website, that's e commerce.

So to explain how e commerce works, it's necessary to keep these things in mind. E commerce involves one or more of the following:

the exchange of information online
the exchange of money online
the exchange of goods or services online

To explain how e commerce works in your favor, the concepts are just as simple. If you want to purchase a book, for instance, you can find several online bookstores and compare the prices of that book to find the lowest one. You can check the cost of shipping the book, and their shipping times, and determine which store can get it to you the quickest, for the lowest price. All without having to stand in line, fight crowds, or spend any money for transportation or gas. So when you consider that you can comparison shop this way for small items and large alike, it's easy to see the advantages e commerce offers you.

Though we can explain how e commerce works in your favor, once you've purchased an item this way, it's easy to see the advantages yourself.




Top Resources:

Secrets To Internet Wealth
Discover The Simple 3-Step System To Massive Internet Income Every Single Day!

One Week Marketing Action Plan
Learn How To Leverage Free Websites With This Simple Daily Action Plan

Automated Cash Formula
Fast & Easy Secret Money Making System - Without Using A Website Or Marketing.

Sign up for our
free newsletter!
:
:




Search This Site


Related Articles

How To Write An Article For Internet Marketing
... for more information. Article marketing is an excellent way to build traffic to your website while providing valuable links to build page rank in search engines like Google, while simultaneously building your ...  (click here to read entire article)

4 Tips For Article Marketing
... have an excellent title if you want your article marketing campaign to be successful. You can have the best content in the world, but no one is going to read your article if your title is boring or does not ...  (click here to read entire article)

Article Marketing Key To Successful Internet Marketing
... figured it out yet? Sure you have! I told you a true short story. Your readers and customers love stories, especially when they are true. You re going to have to trust me on this; most folks know when you are ...  (click here to read entire article)

Discover The Truth About Internet Marketing Benefits
... Thanks to the internet, there has been no time throughout history that it has been easier to start your own business and immediately be able to reach millions of customers. Internet marketing also utilizes email ...  (click here to read entire article)


Check Out These Videos