The term E-commerce sounds quite new to most of the population. However, they don’t know that this is one of the most common commercial operations occurring every day even in their daily lives. The term E-commerce refers to the act of buying and selling goods and services electronically on digital platforms such as websites and mobile applications. The concept of e-commerce can be further divided into three types based on parties interacting with each other for buying and selling purposes. These categories of e-commerce will be explained later in the article. There are different e-commerce service providers such as Stork Up, ecommerce fulfillment services hk, and so on that are popular for providing efficient post order and pre-order services. Since e-commerce refers to the virtual selling and purchase of goods and services, most of the service providers are available in the form of applications, websites, and so on.
Types Of E-commerce
The different types of e-commerce are categorized by looking over the parties interacting with each other for the purpose of buying and selling products as well as services. Service providers such as Stork Up, eCommerce fulfillment services HK, and so on also come under one of these categories. The three main categories of e-commerce services are discussed below in detail:
- Business-to-Business- In this type of e-commerce service, a business organization engages in the sale and purchase of goods and services with another business organization.
- Business-to-Consumer- Consumers interact with a business organization to engage in different types of business-related activities.
- Consumer-to-Consumer- Consumers interact with other consumers and engage in business among themselves.