![]() ![]() ![]() Types of e-commerce: Business models and examplesĪs commerce continues to evolve, so do the ways that it’s conducted. Notifying the shipping department for the order to be shipped to the customer, or access to the service to be granted.Notifying the customer that the order was successfully processed.Confirming adequate funds were received to fulfill the order.Updating stock or inventory levels and confirming if there’s sufficient stock.After the customer places an order, the order details are relayed to a central backend system – an e-commerce platform, which facilitates or performs several tasks, including: The process of buying and selling goods and services online typically consists of the exchange of data or currency to process a transaction involving more than one entity or individual.Į-commerce allows a customer to place an order via online stores, websites, or social channels. (In other words, “what is e-commerce” is far easier to answer than how to spell it, so we may have to agree to disagree on the proper spelling). Here’s a few variations of how e-commerce is spelled: The truth is, there isn’t any one that’s right or wrong, and it usually comes down to preference. Today, questions about e-commerce usually center around which channels are best to execute business online, but one of the most burning questions is the appropriate spelling of e-commerce. Online selling has changed tremendously since it began the evolution and history of e-commerce is fascinating – and it’s advancing at an even quicker pace today. It’s also known as electronic commerce or internet commerce. E-commerce is the buying and selling of goods or services via the internet, and the transfer of money and data to complete the sales.
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