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E-commerce by Mind Map: E-commerce

1. What is e- commerce?

1.1. Transacting or facilitating business on the Internet is called ecommerce. Ecommerce is short for "electronic commerce."

2. Benefits of e- commerce

2.1. Two types of e-commerce present which are

2.1.1. f-commerce , as f commerce is under the platform of facebook and it can be used to do such online business and also trading.

2.1.2. m-commerce, as m-commerce falls under the mobile platform and it would aid most of the people these days to do such online transactions and retailing via mobile phones.

3. Type of e-commerce

3.1. Business to Business (B2B)

3.1.1. Transaction betweeen business parties such as traders and retailer.

3.2. Business to Consumer (B2C)

3.2.1. When a business transaction is done online and it is electronically end to end.

3.3. Consumer to Consumer (C2C)

3.3.1. Auction sites is one good example of c2c

4. When e-commerce was introduced?

4.1. To cut short,In April 1984, CompuServe launches the Electronic Mall in the USA and Canada. It is the first comprehensive electronic commerce service. 1989: In May 1989, Sequoia Data Corp. Introduced Compumarket The first internet based system for e-commerce.

5. Vital function of e-commerce?

5.1. A business platform and also an infrastructure platform for it can aid in online transactions. Moreover, it can mainly be used for online purposes such as online transaction from one end to another.

6. Example of e-commerce?

6.1. Online ticketing

6.2. Online banking

6.3. online auction sites

6.4. Online shopping

6.5. Online payment or transactions