ELI5: Explain Like I'm 5

Types of E-commerce

E-commerce is like buying and selling things on the internet. There are different types of e-commerce, just like there are different types of stores in the real world.

The first type is called Business-to-Consumer (B2C). This is when a business sells things directly to people like you and me. Have you ever bought something from Amazon? That's B2C e-commerce.

Another type is called Consumer-to-Consumer (C2C). This is when people sell things to each other online. Have you heard of eBay or Craigslist? Those are examples of C2C e-commerce.

Then, there's Business-to-Business (B2B). This is when businesses sell things to other businesses. For example, a manufacturer might sell parts to another company that makes something else.

There's also Consumer-to-Business (C2B). This is when a consumer sells something to a business. For example, an influencer on Instagram might sell their services to a company that wants to advertise to their followers.

Last but not least, there's Government-to-Business (G2B). This is when a government agency sells something to a business. For example, a city might sell permits to businesses.

So those are the different types of e-commerce. Just like there are different types of stores in the real world, there are different types of ways to buy and sell things on the internet.
Related topics others have asked about: