With the nation's economy in such a fragile state more and more businesses and individuals are looking to use the internet as an alternate or in some cases a primary source of income. The internet is used by billions of people around the world and everyone has heard at least one story about someone or some business that has made a fortune selling products online or selling services online. It's only natural to want to hop onto that band wagon. If you are considering the possibility of selling online or developing some kind of ecommerce website then there are a few things you really should know before making any kind of financial or time investment into selling online.
eCommerce General Overview
I am sure everyone has heard of eCommerce, but what exactly is it? Ecommerce is any type of business or commercial transaction (buying or selling of products or services) involving the transfer of information over electronic systems such as the Internet. Many retail websites, music websites, trading goods websites and even service based websites use some kind of eCommerce solution. The main types of eCommerce solutions include: B2B (Business to Business), B2C (Business to Consumer), C2B (Consumer to Business) and C2C (Consumer to Consumer). In some cases, you may hear online retail selling referred to as e-tailing.
Make sure you check out all your options before you leap.
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