E-Commerce Business

Ecommerce, also known as electronic commerce or internet commerce, refers to the buying and selling of goods or services using the internet, and the transfer of money and data to execute these transactions. Ecommerce is often used to refer to the sale of physical products online, but it can also describe any kind of commercial transaction that is facilitated through the internet.

E-Commerce

The history of ecommerce begins with the first ever online sale: on the August 11, 1994 a man sold a CD by the band Sting to his friend through his website NetMarket, an American retail platform. This is the first example of a consumer purchasing a product from a business through the World Wide Web—or “ecommerce” as we commonly know it today.

What is E-Commerce & Types?

Ecommerce, also known as electronic commerce or internet commerce, refers to the buying and selling of goods or services using the internet, and the transfer of money and data to execute these transactions. Ecommerce is often used to refer to the sale of physical products online, but it can also describe any kind of commercial transaction that is facilitated through the internet.

Whereas e-business refers to all aspects of operating an online business, ecommerce refers specifically to the transaction of goods and services.

1. Business to Consumer (B2C):

When a business sells a good or service to an individual consumer (e.g. You buy a pair of shoes from an online retailer).

2. Business to Business (B2B):

When a business sells a good or service to another business (e.g. A business sells software-as-a-service for other businesses to use).

3. Consumer to Consumer (C2C):

When a consumer sells a good or service to another consumer (e.g. You sell your old furniture on eBay to another consumer)

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WHY TORQUE CORPORATION?

Over 300 projects in last 5 years is definitely an achievement. Consider Friends IT Solutions as an ideal choice for outsourcing partner. Our mounted up experience from past projects and ability to embrace new technologies easily provides our clients the best of both the old and the new We have strategic location of our office, dedicated servers to deploy projects, latest computers with all the software needed to design and develop as per client’s needs. Rigorous management controls to guarantee timely delivery with best quality
Web And Mobile Application Development
Web Development 88%
Software Development
Web Development 78%
Artificial Intelligence
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