You can buy just about everything online from insurance, books, movies, to equipment and medicine. many companies have sprung as intermediaries that brings the buyers to the sellers. An example of this is Amazon. What has made e-commerce so successful is that it eliminates geography and time. You can buy or sell a product anywhere or anytime. Several business models are used which include most commonly, business to consumer, business to business , consumer to consumer.There are more ways that companies generate revenue besides selling it's products. "For example, an e-business's primary e-business model might emphasize selling products or services directly to consumers; however, the e-business also might generate revenues by one or more of the following:
Offering subscription-based at its web site
Earning advertising space at itsWeb site
Selling proprietary e-business technologies to other companies
Providing s channel for business partners to sell their products
Participating in an affiliate marketing program "(Shelly,Napier, Rivers 2010).
There are different payment methods used for e-business. Mist commonly used is through use of credit card.
Just as there are interments for selling products, there are third party collectors like Paypal for which payments can be made in secure fashion. "To more than 50 million users, PayPal used to signify a peer-to-peer payment exchange that relied largely on email notifications. Not anymore. While PayPal still stands as one of the most recognized brands in the e-commerce world, it’s no longer a single payment system: It's a suite of different payment options that can assist merchants to start accepting
Selling products and services on the Internet is now easier than ever. The partnerships have evolved to allow small business by use of e-commerce; to take advantage of cheaper marketing, advertising and payment collection methods and compete with the "the big boys" Find a niche and you can sell it anytime and anywhere.
Works Cited
Arrigoni, Massimo. "Analysis: The New PayPal | Practical ECommerce." Resources for Online Business Owners. Practical E-Commerce, 26 Apr. 2007. Web. 24 Apr. 2012. <http://www.practicalecommerce.com/articles/469-Analysis-The-New-PayPal>.
Shelly, Gary B., H. Albert Napier, and Ollie N. Rivers. Discovering the Internet:
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