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9 E-commerce Website
E-commerce, or electronic commerce, is the buying and selling of goods and services over the internet. It involves the transfer of information and money between two or more parties over the internet. E-commerce has enabled businesses to expand their reach and operate 24/7, allowing customers to purchase goods and services from any part of the world. With the rise of digital payment systems, e-commerce has become a very convenient and cost-effective way to shop.
Below are some examples of e-commerce website:
Business
Business
B2B
Stands for “business to business” and refers to a transaction between two businesses
Consumer
B2C
Stands for “business to customer” and is one of the most common types of transactions. It happens between a business and a customer.
Government
B2G
Stands for “business to government” and refers to a transaction between business and government.
Consumer
C2B
Stands for “customer to business” and happens when individual customers sell goods or services to business.
C2C
Stands for “customer to customer” and customers sell goods and services directly to other customers.
C2G
Stands for “ customer to government” and is the type of commerce where individual entities provide goods or services to the government itself.
Government
G2B
Government agencies provide services to businesses
G2C
Government agencies provide services to consumers.
G2G
Stands for” government to government” and refers to a transaction between the two different governments that exchange goods or services.
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