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Table of Contents
Importance of ecommerce..........................................................................................................1
What Is E-commerce? Definition, Advantages and Disadvantages.......................................1
What are the different types of e-commerce?....................................................................1
- Business-to-consumer (B2C):..........................................................................................1
- Business-to-business (B2B):............................................................................................1
- Consumer-to-consumer (C2C):........................................................................................1
- Consumer-to-business (C2B):..........................................................................................1
- Consumer-to-administration (C2A):................................................................................2
Examples of e-commerce.......................................................................................................2
- Retail:...............................................................................................................................2
- Wholesale:.......................................................................................................................2
- Physical products:............................................................................................................2
- Digital products:..............................................................................................................2
- Dropshipping:..................................................................................................................2
- Subscription:....................................................................................................................2
- Services:...........................................................................................................................2
- Crowdfunding:.................................................................................................................2
Advantages of e-commerce....................................................................................................2
Disadvantages of e-commerce...............................................................................................2
What impact can the legal system have on online security?..................................................3
Can e-commerce be combined with other kinds of retail?.....................................................3
5 e-commerce jobs.................................................................................................................3
1. Digital marketer.............................................................................................................3
2. E-commerce project manager........................................................................................3

Equation 1 Area of circle...........................................................................................................4


Equation 2 Polynomial equation................................................................................................4

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Importance of ecommerce

What Is E-commerce? Definition, Advantages and Disadvantages


By Indeed Editorial Team
January 10, 2022
E-commerce, or electronic commerce, is the buying and selling of goods or services
electronically on the internet. It can also refer to other online activities, such as auctions,
ticketing and banking. In this article, we discuss the different types of e-commerce, the
advantages and disadvantages of e-commerce, and why e-commerce is important. (james,
2021)
What are the different types of e-commerce?
E-commerce is an essential part of many businesses that rely on the sale of physical products
or services online. Here are the main kinds of e-commerce:
- Business-to-consumer (B2C): 
B2C is the most common kind of e-commerce. When shoppers buy something from an online
store, they are involved in business-to-consumer e-commerce.
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- Business-to-business (B2B):

Figure 1

 B2B is when businesses sell raw goods or parts through e-commerce to other companies that
will then use those materials to create their own products.
- Consumer-to-consumer (C2C):
 C2C e-commerce is when consumers sell to other consumers. Sites like eBay and Craigslist
are examples of this kind of e-commerce.
- Consumer-to-business (C2B):
 C2B e-commerce is when consumers sell their products or services to businesses.

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- Business-to-administration (B2A): B2A e-commerce refers to transactions between


businesses and public administration, which includes areas such as social security,
employment and legal.
- Consumer-to-administration (C2A): 
C2A e-commerce refers to transactions between consumers and public administration, where
consumers pay for services like taxes and legal document preparation.
Related: Q&A: What Does B2B Mean? Definition and Popular Business-To-Business Roles

Examples of e-commerce
In addition to different types of e-commerce, there are also different functional versions of e-
commerce, distinguishable by the relationship of the transaction and the products or services
being sold. The most common examples include:
- Retail: Retail e-commerce is when a product is sold directly to a customer.
- Wholesale: Wholesale e-commerce is when products are sold in bulk often to a retail
company who, in turn, sells them to its customers.
- Physical products: Physical product e-commerce refers to any products that affect inventory
and must be physically shipped.
- Digital products: Digital product e-commerce refers to products purchased as downloadable
goods—such as books, templates or courses.
- Dropshipping: Dropshipping e-commerce is when a product is sold by one company that
outsources its manufacturing and shipping to another company.
- Subscription: Subscription e-commerce is when a customer has a recurring purchase of a
product or service—weekly, monthly, yearly, etc—that automatically charges them and
replenishes the product.
- Services: Service e-commerce refers to services purchased and often priced by time spent
on providing the service.
(jones, 2022)

- Crowdfunding: Crowdfunding e-commerce is when money is collected as product capital in


advance of a product being available.
Related: 10 of the Top E-Commerce Companies

Advantages of e-commerce
There are many advantages of e-commerce including:
- Companies can reach a wider audience
- Companies have lower operational costs
- Shopping from home is more convenient for the consumer

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- Consumers can easily comparison shop across different brands


- Greater selection of goods available

Disadvantages of e-commerce
While there are many benefits of e-commerce, there are some potential downsides as well.
Below are some common disadvantages:
- No direct interaction with sales clerks leads to less personalized service
- Shipping charges and waiting for product to arrive
- Inability to see product before buying
- Inconvenience of returning products
- Security issues of website may put consumer information at risk
Related: 7 Ways To Market a Small Business
Frequently asked questions about e-commerce
Here are some frequently asked questions to help you better understand e-commerce:

What impact can the legal system have on online security?


The first record of a legislative body holding a hearing about e-commerce was in California
in 1984. California was the first state to enact an Electronic Commerce Act to define
consumer rights online. Today, many kinds of e-commerce activities are regulated by the
Federal Trade Commission (FTC). (Business effect in 2022, 2022)

Can e-commerce be combined with other kinds of retail?


Yes, in the form of omnichannel retailing. Omnichannel retailing refers to strategies that
merchants implement that combine online shopping and shopping at a traditional retail store
to provide customers with a seamless experience. This trend allows consumers to transition
between these two models easily.

5 e-commerce jobs
If you're interested in a career in e-commerce, there are different jobs you may consider. Here
are five options for your career in e-commerce:

1. Digital marketer
Average salary: $61,145 per year
Primary duties: A digital marketer is someone who engages in digital advertising, social
media and online content to sell a service or product. They help companies grow their brand
and extend their online presence. Common tasks would include creating digital marketing
campaigns and coordinating press releases, social media posts, website and landing page
design and content. 

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2. E-commerce project manager


Average salary: $80,325 per year
Primary duties: An e-commerce project manager is responsible for creating and coordinating
projects that relate to the sale of services or products online. Responsibilities include
troubleshooting challenges and issues, monitoring the progress of the project and
coordinating all team members.
2
A=π r
Equation 1 Area of circle

( a 1 x +b1 ) ( a 2 x +b2 ) =a1 a2 x2 + ( a1 b 2+ a2 b1 ) x+b 1 b 2


Equation 2 Polynomial equation

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References

Business effect in 2022. chen, james D. 2022. 2022, Business insider.


james, william mile. 2021. importance of digital world after covid. 2021.
jones, Nike. 2022. importance of e-commerce. Pakistan economics coridor. [Online] 2022.
www.pec.com/economics/business.

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