Electronic Commerce commonly denotes different types of transactions involved in commercial activities. E-commerce has developed a new environment with the help of Internet in business.
E-Commerce contains both organisational as well as individual activities which include the processing and transmission of digitized data such as text, pictures, sound and video, etc.
Several types of e-commerce models are in use today. The major types of Electronic Commerce are, B2B, B2C, C2C, C2B, B2G, B2A and C2A.
Faster buying process, Flexibility for customers, Store and product listing creation, Cost reduction, Affordable advertising and marketing are the benefits of E-Commerce.
Lack of Security, Low Bandwidth, Some Legal Issues, Not All Customers have Access to Internet and Customers Relation Problems are the limitations of E-Commerce.
E-commerce is an online selling network. This effective way of buying allows the customer to create a bulk order online, this, therefore, cuts out the hassle and is a quicker and easier transaction.