ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Some examples of the online marketplaces are these: Amazon is an online marketplace on which businesses may set up a store and offer products within strict rules.

Detailed explanation-2: -Ecommerce refers to the process of buying, selling or trading products or services over the internet. The term also covers the usage and transfer of funds to complete these transactions. The sellers and buyers can be individuals, businesses or even governments and government agencies.

Detailed explanation-3: -Retailers who purchase their wholesale products online are one of the best examples of this type of e-commerce business. For example: Amazon also provides Business to Business services which can help you discover a faster and smarter way to do B2B buying online.

Detailed explanation-4: -B2C (Business-to-consumer). B2C businesses sell directly to their end-users. B2B (Business-to-business). B2B2C (Business-to-business-to-consumer). B2G (Business-to-government). C2B (Consumer-to-business). D2C (Direct-to-consumer). C2C (Consumer-to-consumer).