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E commerce and Internet
E commerce and Internet – We’re living in the age of technological advances. Development in our society posts the World Wars, where in Artificial revolution started changing the face of husbandry. With the elaboration of Information Technology, we first heard the Radio and latterly the television that could capture film land from the air and show it on the television box. also came the ‘Computer’ which was aptly the magic box. Computers and the advancement of information and communication technology heralded the appearance of ‘Internet’ or ‘World Wide Web’ technology
What’s Ecommerce?
Ecommerce, also known as electronic commerce or internet commerce, refers to the buying and selling of goods or services using the internet, and the transfer of plutocrats and data to execute these deals. Ecommerce is frequently used to relate to the trade of physical products online, but it can also describe any kind of marketable sale that’s eased through the internet.
Types of Ecommerce Models
Four main types of e-commerce models can describe nearly every sale that takes place between consumers and businesses.
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Business to Consumer(B2C)
When a business sells a good or service to an individual consumer (e.g. You buy a brace of shoes from an online retailer).
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Business to Business(B2B)
When a business sells a good or service to another business (e.g. A busin3. Consumer to Consumer(C2C)
3.Consumer to Consumer(C2C)
When a consumer sells a good or service to another consumer (e.g. You send your old cabinetwork on eBay to another consumer).
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Consumer to Business(C2B)
When a consumer sells their products or services to a business or association (e.g. An influencer offers exposure to their online followership in exchange for a figure, or a shooter licenses their print for a business to use). sells software-as-a-service for other businesses to use)
What a difference the Internet has made to our lives
No other invention has had such a mass transformational power over the entire mortal society, enterprise, business, and frugality as well as the political systems, education, and the world communities and nations at large. The internet is correctly called the trace that has managed to abolish the borders between countries and societies and taken mortal society to a different position altogether.
Take a look at our lives moment. No aspect of our life doesn’t connive with the internet in one way or the other. From an existent’s need to find a date or a suitable life mate to one’s banking. Moreover, insurance, and other payments as well as dining out and not to forget online shopping, the internet has managed to come to the mainstream facilitator to every existent.
more about Internet
millions of druggies access and use the internet for colorful purposes throughout the day. They use the internet for searching, browsing, writing & communication, harkening, watching the news, vids, publishing copying, printing, conversations, trading, and dealing, etc. The list of conditioning and choices that the internet has got to offer to individualities is ever-expanding. Moreover, with millions of druggies laboriously looking for colorful products, information and services, there’s a huge occasion for businesses to jump on to the internet crusade and cash in on the business occasion that’s presenting itself every nanosecond.
Technology has helped make a platform that has enabled businesses to cash in on the huge population and requests that are now accessible over the internet and vend to them. Moreover, take the case of Online Banking, Mobile Banking, disbenefit Credit Cards, ATMs as well as online trading, and other business deals, all these have grown and happened as a result of technological advancement in terms of communication, software as well as tackling technologies.
Conclusion
The moment no business, be it Business to Business or Business to Consumer, can ignore the huge ‘Online request’ that exists on the internet. E Commerce was ineluctable. Physical requests have been replaced with ‘Virtual requests’. E-Commerce has had a far-reaching impact on business organizations for it has readdressed the ‘Market’. Moreover, E-Commerce has made it possible for merchandisers to reach out to earth-wide requests and consumers, therefore changing the way business is conducted.
Helpful Resources – E-Business and Internet Technology – Info Blog Media – 2022
