Many people would think that eCommerce is just a new thing. But what most don’t know is that, e-commerce has been exploited by businesses and entrepreneurs for quite some time. Then and now, businesses are using various logistic services to send products bought from them. For instance, USPS is widely used by merchants to save money and deliver the items ordered from them.
Long before You ever Thought
Initially, the very first ecommerce store has been launched for around 4 decades ago. From there onwards, eCommerce helped tons of other businesses to expand and grow using new technologies. As we all know, the internet, business adoption and widespread consumer needs for it really push ecommerce’s boundary to unimaginable extent.
eCommerce in a Nutshell
eCommerce is basically Electronic Commerce. It’s the process of selling or buying of goods or services over the internet. Whether it is mobile shopping using internet payment encryption and the likes, it is enclosed under eCommerce’s umbrella.
A lot of businesses that have ecommerce presence are using or has an eCommerce store and/or ecommerce platform. Otherwise, they would not be able to perform their online sales activities and online marketing campaigns and also, to oversee the fulfilment and logistics of products.
Now many of you may be confused with the “eCommerce” term itself. While it is true that it comes in different spellings, all of them are correct and interchangeable. Some of the commonly used terms for it are:
- e commerce
There are many who were able to make the most of eCommerce. Some of them include:
In this kind of eCommerce transaction, it happens mostly between business and consumer. This is among the most preferred sales models in the world of ecommerce. When buying shoes from any online store, it is most probably called a Business-to-Consumer transaction.
This is otherwise called as Business-to-Business or a sale that takes place between businesses like retailer to manufacturer, wholesaler to retailer etc.
Almost similar with B2B but instead, it is consumer focused, which is why it is called as Consumer-to-Consumer or C2C.