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E-commerce, or electronic commerce, refers to the buying and selling of goods and services over the Internet. It encompasses various services including e-banking, e-shopping, e-ticketing, e-booking, e-governance, e-jobs, e-payments, and e-polling. E-commerce can be categorized into different types: B2B (Business to Business), B2C (Business to Consumer), B2G (Business to Government), and C2C (Consumer to Consumer). The advantages of e-commerce include leveling the playing field, enabling mass customization, supporting network production, and offering cost-effective solutions that save time.
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E-commerce • Electronic commerce (also known as ecommerce) is simply the buying and selling of goods and services on the Internet.
Services offered by e-commerce • E-banking • E-shopping • E-ticket • E-booking • E-governance • E-job • E-payment • E-polling
Types of e-commerce • B2B • B2C • B2G • C2C
Advantages of E-commerce • Ecommerce serves as an equalizer • E-commerce makes “mass customization” possible • E-commerce allows “network production.” • E-commerce helps in cost effective and reduces time consumption process