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What is Ecommerce?

E-commerce is the activity of electronically buying or selling of products on online services or over the Internet, And the transfer on money and data to complete the sales.

Retail: The sale of products directly to a consumer without an intermediary.

Dropshipping: The sale of products that are manufactured and shipped to consumers via a third party.

Digital products: Downloadable items like templates, courses, e-books, software, or media that must be purchased for use. Whether it’s the purchase of software, tools, cloud-based products or digital assets, these represent a large percentage of ecommerce transactions.

Benefits of publishing an ecommerce site

  1. Convenience: makes purchases simpler, faster, and less time-consuming, allowing for 24-hour sales, quick delivery, and easy returns.
  2. Personalization and customer experience: E-commerce marketplaces can create rich user profiles that allow them to personalize the products offered and make suggestions for other products that they might find interesting.
  3. Global marketplace: Customers from around the world can easily shop e-commerce sites.
  4. Minimized expenses: Since brick and mortar is no longer required, digital sellers can launch online stores with minimal start up and operating costs..

Different types of ecommerce

  1. Business-to-business (B2B): A B2B model of business involves the conduct of trade between two or more businesses/companies
  2. Business-to-consumer (B2C):Business-to-Consumer model of business deals with the retail aspects of e-commerce, i.e. the sale of goods and/or services to the end consumer through digital means. .
  3. Consumer-to-consumer(C2C): This business model is leveraged by a consumer for selling used goods and/or services to other consumers through the digital medium.
  4. Consumer-to-business(C2B): A C2B model is the exact reversal of a B2C model. The C2B model provides the end consumers with an opportunity to sell their