E-COMMERCE TRENDS AND ITS IMPACT IN 2021

 E-commerce Trends: With the pandemic, many businesses had to shift online for convenience and fast delivery, and there was a significant increase in the e-commerce industry, and a lot of small businesses were started. There are many benefits to having an e-commerce store today, but the question is whether it is truly beneficial in the long run.

What exactly is e-commerce? Ecommerce business is nothing more than selling goods and services online. While there are many similarities between e-commerce and e-business, they are not entirely similar and are actually very different in nature.

Whereas e-business deals with all aspects of internet business, e-commerce only deals with selling their own products and services to customers.

E-commerce is not like traditional selling; it offers a variety of models from which to select. The three primary types of e-commerce businesses are as follows.

B2B – Selling from business to business. When a company sells a large number of items with the aid of other companies, it is referred to as a B2B model. Alibaba is a wonderful example of this sort of model.

B2C- When a customer buys directly from a firm, it is referred to as a business-to-consumer model.

C2C- The C2C model is where consumer-to-consumer transactions take place. This is when people sell their used items to other customers. The benefit here is that the things are comparably cheaper.

https://yugasa.com/web/e-commerce-trends-and-its-impact-in-2021/

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