Types of e-commerce and their importance, it is the commercial transaction that takes place over the Internet, and when you sell or make a purchase over the Internet (buying and selling using the Internet), you participate in e-commerce, so we will talk in this article about the types of e-commerce and their importance.
Types of electronic commerce and their importance
On the afternoon of August 11, 1994, someone named Phil Brandenberger from Philadelphia logged into his computer.
He then continued using his credit card to buy Sting’s Ten Summoners ‘Tales’ at $ 12.48 and some additional shipping costs.
Yes, you may want to ask, “Why do we even need to know those boring things?”
You might not know it, but at the time, when he made the purchase with his credit card, it was the first time that encryption technology was being used to allow online purchases.
What Phil was considered by many to be the first “real” e-commerce transaction he was the first man to conduct a legitimate e-commerce transaction on the Internet.
Ecommerce website examples
It is already evident that e-commerce has grown tremendously over the past years.
You can see a lot of things being sold online.
And not only physical products but also services and downloadable materials.
The Internet is filled with many e-commerce sites from small business owners to world-renowned giants.
Here are examples of e-commerce sites and what they offer.
iPhone
Everyone on the planet knows about this tech giant that is driving the world of computers and smartphones today.
You can buy a wide range of things from their company.
You can buy iPhone, iPod, iMac, MacBook Pro, and a large number of other gadgets and accessories
Amazon
Amazon is like a supermarket or super mall where you can go and buy different products just like you would in a real market or mall.
The only difference is that you buy it online and on their website.
Amazon is one of the biggest e-commerce sites to date.
eBay
This is yet another e-commerce giant that dominates the internet today along with the likes of Amazon and Apple.
You can also specify a large number of goods that are sold online on their website.
Types of e-commerce
There are many types of e-commerce merchants or sellers available on the Internet and this is a shortlist.
Online stores selling physical goods
These are the usual kind of distributors online.
They also sell things like T-shirts, cosmetics, and any physical product that can be delivered right to your doorstep.
E-commerce sites for the service base
Not all e-commerce transactions are about purchasing a product.
You can also purchase services.
Examples include SEO services, audits, audio mixing and mastering, and even web design.
Digital products
Some of the things you can buy online are downloadable or digital products, examples of this
MP3 files from iTunes or Spotify
Sheet Music
Instructional videos or audios