Rails Day Business

In this era, electronic commerce is becoming the most well-known business term as the popularity of the Internet grows further. Electronic commerce or e-commerce is the use of computer technology and the World Wide Web to trade products and services for cash and to obtain information regarding different businesses. The use of e-commerce paved way for the discovery of quicker, more efficient and more reliable business communication medium.

E-commerce is originally intended for businesses to have speedy way to exchange essential business information. But today, e-commerce is also used to bridge the connection between the sellers and the customers, and to tighten the communication relationship among customers.

Due to this, e-commerce is subdivided into four categories which are business to business (B2B), business to consumer (B2C), consumer to consumer (C2C), and customer to business (C2B). These categories were created in a way where the first entity provides goods or services to the second entity.

B2B means that a business is providing products to another business. B2C means a business is providing products to end-consumers, which is probably the common case. C2C means different consumers have an exchange of goods. This is illustrated by participating in online sites that allow any user to create his or her store on the web and allow him or her to purchase from the stores of other users. C2B means that a consumer is offering the goods to businesses.

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