It’s not difficult to explain how e commerce works. E commerce is simply the exchange of goods and/or services electronically. When you buy something from eBay, Amazon.com or any online store, you’ve participated in e commerce. If you’ve ever downloaded music from a site like Napster or iTunes, that’s e commerce, too. First, lets discuss the different types of e commerce to help you understand it better.
B2B: B2B or business-to-business e commerce is the oldest form of e commerce. Back in the 1960s, banks and other businesses began sharing and transferring files and information electronically. It was still limited, because there was not one standard way of conducting this business, so not all businesses could successfully transfer with each other. Once a reliable standard was set up in the 80s, B2B e commerce really took off, because they all used the same method, and could exchange files much more easily.
C2C: Consumer-to-consumer, or C2C e commerce is popular today. If you’ve ever purchased something online from another person, rather than a business, either through an ad posting on a electronic bulletin board or an online...
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