Coastal Bulletin
Coastal Bulletin
Meaning of E-Commerce E-Commerce or electronic commerce website that allows people to buying and selling of goods and services using internet. E-Commerce is also known as internet commerce. An ecommerce website caters to the exchange of goods and services for electronic transaction of money as well as Cash-On-Delivery (COD).
Types of E-Commerce
There are four main types of E-Commerce.
1. Business to Consumer (B2C): It refers to the process of businesses selling products and services directly between business to consumer
2. Business to Business (B2B): is a transaction conducted between one business and another such as wholesaler and retailer
3. Consumer to Consumer (C2C): It represents a market environment where one customer purchases goods from another customer using a third-party business to facilitate the transaction.
4. Consumer to Business (C2B): A consumer sells their own products or services to a business or organization
Example of E-Commerce
Advantage of E-Commerce
Uses of E-Commerce
E-Commerce Website Legal Requirements
Before you start your e-commerce website you need to know it is legally compliant with the data privacy laws that are appropriate to your viewer's region. GDPR and CCPA are the two of the first regulations that directly impact data collection, use, and storage on a widespread scale.
Here some of the policies which you need to set up on your E-Commerce website:
These are some of the basic policies you need to communicate clearly to your visitors. Except this, if your website uses cookies, then you need to make sure you get your users’ permission as well, to store their data in the cookies.
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