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[Audio] E-Commerce E-commerce, or electronic commerce, refers to buying and selling goods or services over the internet. It has become a major part of our daily lives from shopping. Let’s ask some important questions about this topic: how does it e commerce work? What are the main types of e commerce? What are its advantages and disadvantages?.
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[Audio] How It Works E-commerce works through online platforms such as websites or mobile apps. Customers can browse a wide range of products, compare prices, read reviews, and add items to their cart. They then pay using secure digital payment methods like credit cards, PayPal, or mobile wallets. After the purchase, the order is processed, packaged, and delivered directly to the customer’s home. Popular e commerce platforms include Amazon, eBay, and Alibaba..
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[Audio] Types of E-Commerce B2C B2B Business to Consumer: Companies sell directly to customers.Example: Amazon.Nike… Business to Business: Companies sell to other companies.Example: Alibaba C2B C2C Consumer to Business: Individuals sell products or services to companies. Consumer to Consumer: Individuals sell to other individuals.Example: eBay.Facebook marketplace..
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[Audio] Advantages of E-Commerce Shop Anytime, Anywhere Unlimited Selection Better Prices & Deals Convenience & Speed.
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[Audio] Disadvantages of E-Commerce Delivery Delays Security & Fraud Risks Lack of Personal Touch Return Complications.
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[Audio] Conclusion To sum up, e commerce is buying and selling online. It has different types, benefits and drawbacks, and it continues to grow, shaping the future of business and daily life. Prepared By : Hajar Aitifali Nassr Eddine Amsaadi Soukaina Boukerchane.