E-Commerce: Types, Advantages and Disadvantages

Running head: E-COMMERCE
E-COMMERCE
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1E-COMMERCE
Introduction:
E-Commerce which is also termed as the electronic commerce or internet commerce
generally refers to the process involved in the buying and selling of goods along with services
by making use of the internet and these transactions are executed by means of transferring the
money and data (Pandey and Sharma 2016). This is also sometimes used for describing the
online selling of products however this can also be described as any type of commercial
transaction which is facilitated by the internet.
Types of E-Commerce Model
E-Commerce model can be categorized into four types which helps in describing
almost every transaction which is taking place in between the consumers and business and
this mainly includes the following:
1. Business to Customer: This generally happens when a particular business is associated
with selling a good or service to a particular individual consumer.
2. Business to Business: This is the type of e-commerce when a business is associated with
selling of the goods or service to another business.
3. Consumer to Consumer: This is the type of e-commerce where a consumer is associated
with the selling of goods or services to another business (Doloto and Chen-Burger 2015).
4. Consumer to business: This is the type of e-commerce when a business is associated with
the selling of goods or services to a particular business or organization.
Advantages and Disadvantages of E-commerce:
Along with the advantages of E-Commerce there also exist certain disadvantages. So
whenever an individual or business is associated with the purchasing of a particular good or