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E-commerce

Developing technology and İnternet, developers, programmers,


and economists built their own companies and trade sites in
which people buy and sell goods, such as electronic devices,
clothes, tangible products, and so on, on the İnternet. As
commerce on the İnternet, this is called electronic commerce
or e-commerce that this paragraph is going to be about e-
commerce and the market segments in which e-commerce
operates.

E-commerce is the action of selling and buying almost all kinds


of products and services online. It enables us to access and
select any product on the Internet. There are types of
marketing that are important for people who are interested in
marketing and business. B2B, B2C, C2C, and C2B are types of
markets.
B2B or business-to-business involves a transaction between
businessmen. For example, Amazon allows communication
among businessmen online.
B2C or business-to-consumer covers sales between business
and consumer. For example, Alibaba, which is popular for B2C
interactions, allows business owners to sell products to
customers on Alibaba.com with ease.
C2C or consumer-to-consumer allows the sale of products such
as second-hand goods. eBay lets people sell second-hand
products online.
C2B is an interaction between consumers and businessmen. For
example, writers create their works, and they interact with
publisher companies. Amazon is the best e-commerce site for
C2B and other segments.
Businessmen, individuals, and economists use these market
segments, and they sell or buy goods and they just do through
the internet and sites, or e-commerce. There are disadvantages
to e-commerce, such as not knowing how original products are
or if they are the correct size. Customers or sellers may deceive
themselves into believing that the other party is unable to
obtain products that they have purchased or agreed to in
advance.
To sum up, e-commerce and the internet, or the web, are
important for the economy and workers because they are a
bridge or connector for them, and if they disappear, the
economy can collapse and people lose their jobs.

Reference:
https://www.investopedia.com/terms/e/ecommerce.asp

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