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    TYPES OF E-COMMERCE

                     E-commerce is used in different ways, depending on who is buying and selling. The three
                     main types of e-commerce are:

                       Business-to-Business (B2B): This is when  one business  sells products  or services to
                       another business. For example, websites like IndiaMart or TradeIndia allow businesses
                       to sell to other companies.

                       Business-to-Consumer (B2C): This is  when businesses  sell products  directly  to
                       customers.  For example,  websites  like  Amazon and  Voltas  let  customers  shop  for
                       products directly.

                       Consumer-to-Consumer (C2C): This is when individuals sell products directly to other

                       individuals. For example, websites like OLX and Quikr provide platforms where people
                       can buy and sell items to each other.

                                     Consumer-to-Consumer (C2C)               Business-to-Business (B2B)
                                        Individuals selling to other           Businesses selling to other
                                              individuals.                           businesses.

                                                          Business-to-Consumer (B2C)
                                                           Businesses selling directly to
                                                                  consumers

                     APPLICATIONS OF E-COMMERCE

                     E-commerce makes many daily activities easier, such as shopping and managing finances.
                     Here are some of the main applications of e-commerce:

                       E-Shopping: This is shopping online where you choose a product, pay for it and have it
                       delivered to your home.

                       E-Banking: This allows you to manage your bank account, transfer money and pay bills
                       online.

                       M-Commerce: This involves using mobile devices like smartphones or tablets to make
                       purchases or handle transactions.

                                                                                                     Innovators’ World  9

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