What is commerce and explain its different fields

What is commerce?

It is used to provide goods and services especially on a business international level. commerce

includes certain political, cultural and social technological, economical systems that is used to

trade worldwide. It focusses on the trade of economical agents.

The different of commerce are;

E-commerce (electronic)

Business commerce

What is e-commerce?

It is known as electronic commerce which is internet base. Electronic commerce is used to trade

goods and services using the source of internet. For instance, amazon is big online store and e-

market that provides goods and services via internet.

There are further categories of e-commerce:

1. Business to business (B2B)

2. Business to consumer (B2C)

3. Consumer to consumer (C2C)

4. Consumer to business (B2C)

5. Business to administration (B2A)

6. Consumer to administration (C2A)

Business to business (B2B)
(B2B) is an online service in which it is the transaction of goods and services between the two

association. Such as for example the transaction may be among the wholesalers of the company

to fulfill the needs of their customers. These transactions are on the large scale by using via

internet.

Business to consumer (B2C)

(B2C) online transaction of goods and services is very common form of e-commerce. It focusses

on the exchange of goods and services among the consumer and the company via internet.

Customer is more likely to shop online at home or anywhere. The customers can shop online and

interact with the market at any time. This transaction is also done on the large scale such as

amazon the one who provides its services widely all over the world.

Consumer to consumer (C2C):

This transaction varies from customer to customer but the transaction should be done by using

internet. Such as today customer used to sell their products using different social media for

instance, Facebook is now a big source of selling and purchasing from customer to customer.

This transaction is done on the small scale.

Consumer to business (C2B);

This business is among the consumers and the companies. That they sell their products to the

large companies to fulfill the requirements. For instance, the purchasing of any website from the

consumer. Homemade food is also the example of (C2B).

Business to administration (B2A)

This category explains the online transaction among the company and the public, the particular

person provides the services through the websites to the government.

Consumer to administration (C2A)
The last category of e-commerce encompasses the online transaction among the public

administrative and the consumer such as it includes the taxes management and health scheduling

appointments.

What is commerce in business?

It focusses on the buying and selling of goods and services using the source of internet, to

maximize the profits. It basically depends on both the large scale and the small scale.

Advantages of e-commerce
 Can start the online business on low financial cost

 There must be a radical change in potential income

 The following goods and services can be selling internationally all over the world

 Easy to attract the buyers without any bargaining.

 The customer can get the product without going anywhere

Disadvantages of e-commerce
 Customers cannot touch the product physically

 There is a big completion in running an online business \

 Impatience in delivery

 Delivery charges