E-commerce

E-commerce is means of enabling and supporting the exchange of information, goods, and services between companies or between companies and their customers. It enables companies to be more efficient in their internal operations and more responsive to the needs and expectations of their customers. E-commerce technologies enable enterprises to exchange information instantaneously, eliminate paper-work, and advertise their products and services to the global market. E-commerce is divided into two categories: business-to-consumer and business-to-business commerce

Business-to-Consumer Commerce

In business-to-consumer, business creates electronic storefronts that offer information, goods, and services to consumers. Internet "shopping malls" on the Web sell consumer goods ranging from cakes and wines to computers and cars.
An example of a business-to-consumer site is itf16.net (http://www.lushpash.com).

Business-to-Business Commerce

Business-to-business commerce includes online wholesaling, in which businesses sell goods and services to other businesses on the Website. Business-to-Business commerce is transacted by using Electronic Data Interchange (EDI) technologies. EDI defines the formats, data types, and routing instructions for the electronic exchange of business documents between companies and computer systems.