Define e-commerce

 

E-Commerce

Conducting business online is known as electronic commerce, or e-commerce, and includes such commercial activities as shopping and investing. The three types of e-commerce that exist today are business to consumer (B2C), consumer to consumer (C2C), and business to business (B2B).

If you have access to a computer, an Internet connection, and a means to pay for products or services, you can participate in e-commerce. Today, users can participate in e-commerce not only through desktop computers, but also through mobile devices such as laptop and handheld computers, pagers, and cellular phones. M-commerce (mobile commerce) is the term some people use to describe e-commerce activities that take place using mobile devices.

The more popular uses of e-commerce include shopping and investing. On the Web, you can buy and sell stocks, order flowers, purchase groceries and airline tickets, and even buy a car!

Three types of e-commerce exist: business to consumer (B2C), consumer to consumer (C2C), and business to business (B2B). Of the three, most e-commerce takes place between businesses, making B2B e-commerce transactions the most common.