What is E-commerce?

The purchases of goods and/or Services by the Internet to date over 40% of all Internet users have made an Online purchase spending almost 1.5 trillion dollars a year in commerce is split into four categories

Types of E-commerce

• B2C refers to a transaction occurring between a business and a consumer. when people think about e-commerce this thought comes in the mind.Typically, a consumer uses a Web browser and connects to the seller. The revenue of B2C E-commerce is projected to grow from $1.5 billion in 1997 to$40 billion in the year 2000. Consumers are projected to spend $100 billion on the Internet by 2003.10

• B2B refers to a transaction occurring between businesses. It take the use of web page exist between 2 company. The essential aspect of B2B is system-to-system interactions. B2B E-commerce is less visible of B2B E-commerce has been very fast. US-based Forrester Research estimates that B2B E-commerce will grow to more than $1 trillion by 2003.10

• C2C refers to a transaction occurring between consumers. C2C transactions have become popular in recent years. People advertise their products for sale by specific mediums.

How Digital Technology Institute has helped me?

Digital Technology Institute has helped me every problems. They have provide assistance. They are the best information in every modules.

Conclusion

In my views E-commerce have helped people to sit at 1 place in there comfort zone and shop from anywhere.

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