Examples include websites like Etsy and eBay. Consumer-to-consumer (C2C): A C2C site, often known as a marketplace, hosts an exchange of goods between 2 or more consumers.Business-to-administration (B2A): A B2A site facilitates electronic exchanges between an organization and a public institution, like the website of a company that designed your city’s web portal, for instance.If you own a company that sells T-shirts, for example, you might buy those shirts from an online wholesaler. Business-to-business (B2B): A B2B platform facilitates electronic transactions between two businesses.Business-to-consumer (B2C): Probably the most familiar to the average person, a B2C site enables an exchange of goods or services between a business and a consumer, such as buying a T-shirt from your favorite online shop.The scope of e-commerce is vast, but the types of sites that host electronic transactions can be broken down according to the parties involved. The main difference between e-commerce and physical commerce, however, is that e-commerce transactions occur entirely over the internet rather than at a brick-and-mortar location. Much like a traditional physical retail store, e-commerce websites allow consumers and businesses to buy and sell to one another on a designated platform. In recent years, e-commerce has enjoyed a massive boost from the rise of smartphones, which allow consumers to shop from nearly anywhere. This form of business has evolved quite a bit since its beginnings in the electronic data interchange of the 1960s and the inception of online shopping in the 1990s. In its most basic form, e-commerce involves electronically transferring funds and data between 2 or more parties. The term “ e-commerce” simply means the sale of goods or services on the internet. E-commerce has taken root and is here to stay. We order food, clothes, and furniture we register for classes and other online services we download books, music, and movies and so much more. It’s tough to imagine daily life without e-commerce. Through an e-commerce website, a business can process orders, accept payments, manage shipping and logistics, and provide customer service. The founder of Malaysian publishing and lifestyle company Musotrees on why he quit the nine to five (and his career as a biologist) to build the thing that makes him happy.Īn e-commerce website is one that allows people to buy and sell physical goods, services, and digital products over the internet rather than at a brick-and-mortar location. Laurence Leenaert, founder and designer at LRNCE, a handmade ceramics and lifestyle brand in Marrakesh, on her morning routine. Starting your day right: Laurence Leenaert Self-improvement, brands to check out and things to see and do – from food to fashion. Industry deep dives, macro trends, and profiles of fascinating businesses and founders.įor Orange Bus founders Julian Leighton and Mike Parker, leaving the business was always the plan.Īt first glance, the name of your business might not seem like a crucial factor in your success – but getting it wrong could cause complications. How did a ‘Black Founders Matter’ T-shirt design transform into a venture capital firm? According to founder Marceau Michel, it was almost completely by accident. How to win customers without social mediaĪs social media ads become less effective, how else should you go about acquiring new customers? Students come here to learn from the best and get their shot at a billion-dollar industry.Ĭase studies and how-tos to take you from startup to scale-up and beyond. Kick start the holidays with this Second Act episode chock full of food, family, and tradition. In Sonic Symbolism, hear Björk and her collaborators discuss the making of her last 9 albums.Įxplore the minds of 10 musicians as they use their surroundings to make sense of the world.įamily comes first, especially this time of year. Join our community for freelancers and agencies to unlock tools for managing clients and perks to grow your business.Ī collection of original content that celebrates the entrepreneurial spirit. Whether you want to grow your team, your following, or your sales, we've got ideas.
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