WHAT
IS THE E-COMMERCE?
The
eCommerce is the conduct of business between
electronically-linked businesses only or between
electronically-linked businesses and their consumers.
"Conducting business" implies the
capability to exchange value electronically.
That includes goods, services, information,
and money.
"Business
to Business" commerce is commonly referred
to as "B2B" and means that a company
is doing business with other companies using
the Internet connections.
"Business to Consumer" commerce is
commonly referred to as "B2C" and
means that a company is selling products or
services to inependent persons using the Internet
as a shop to reach those customers.
Today,
B2B eCommerce surpasses B2C in transaction value
and is growing far more rapidly. B2B eCommerce
immediately affects a company's ability to create
value - grow revenue, control or lower costs,
create capital efficiencies.
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