eCommerce, als known as internet commerce, pertains to the selling and buying of services and goods through the internet. It also deals with the money and data transfers in order to execute these online transactions. While this refers to the transactions of services and goods, whereas ebusiness involves all aspects of online business operations.
eCommerce usually refers to physical product sales online, though it can also describe any type of commercial transaction implemented through the internet.
Are you looking for good custom ecommerce website services in Malaysia? There are plenty of professionals who can help you improve your presence in the digital landscape.
Kinds of eCommerce Models
1.C2C (Consumer to Consumer)
This happens when a consumer sells a service or an item to another customer.
2.C2B (Consumer to Business)
When a specific consumer sells their own services and products to an organization or business.
3.B2C (Business to Consumer)
B2C ecommerce occurs when a business sells a service or a product to one consumer.
4.B2B (Business to Business)
This happens when a specific business sells a service or items to another business.
eCommerce can take various forms, involving multiple transactional relationships between consumers and businesses.
Digital products are downloadable courses, templates, media or goods that should be bought for consumption, or licensed for use.
The sale of a particular item by a business directly to the consumer without any intermediary.
This refers to the sale of a specific product, that is shipped to, and manufactured for the customer by a third party.
Crowdfunding means collecting money from the consumers ahead of time, even before the product becomes available.
Tangible items that require an inventory before replacement, and before getting shipped to customers.
These are sets of skills provided in exchanged for a specific compensation.