Internet is like a big library.

​E-Commerce

​ Commerce means selling and buying a product.

​ e-Commerce means buying and selling any product online using the Internet.

​Three types of people are involved in commerce:

​1. Producers

​2. Sellers

​3. Buyers

​4 basic modes of e-commerce available:

• ​B2B

• ​B2C

• ​C2C

• ​Digital Middlepersons

​B2B(Business-to-Business)

​Selling and buying products or services to or from companies.

​B2C(Business-to-Consumer)

This refers to the transaction that takes place between a company and a consumer.

There are many websites offering free classifieds and auctions where individuals can buy and sell.

​C2C(Consumer-to-Consumer)

Digital Middlepersons

This refers to a company that provides information about several companies on a single website. This company gathers information from other companies about the same type of products and services. A commission is charged for every sale or purchase by the company hosting the website.