Before we launch into the future and scope of eCommerce company in India, let us first understand what is e-commerce. To put it simply, electronic commerce refers to the purchase and sale of goods online or via the internet. Online sellers have the responsibility of shipping the product to the buyer and ensuring safe and timely delivery.
There are different models of E-Commerce:
B2C – Business to consumer; this refers to the sale of goods to the end-user directly
B2B – a business that sells to another business; for example, office equipment, wholesalers, construction equipment sellers.
C2B – this is when a customer creates something that adds value to a business, and the business consumes it. The best example is positive customer reviews.