Overview of traditional business concepts

If you know business, you will understand that e-commerce is only a simple extension on this basis. Webster's Dictionary defines business as follows:

1. Socializing: exchanging opinions, opinions and opinions;

2. Commodity trading or buying and selling, including transportation between places;

3. Sexual intercourse.

We are often interested in the second definition, while the third definition is interesting and unexpected-perhaps this is the so-called hype?

Therefore, the meaning of the word commerce is very simple. It refers to the exchange of goods and services usually through money. We can see millions of different forms of enterprises around us. When you buy something at the grocery store, you are actually involved in a business. Similarly, if you take your idle goods to the flea market to sell, you will participate in business in another way. If you go to work in a company that makes products every day, it is another link in the business chain. When you think about business from these different angles, you will instinctively realize some different roles in business:

Buyers-people who want to buy products or services with money. Sellers-people who provide products and services to buyers. Generally speaking, there are two different forms: retailers selling products directly to consumers and wholesalers or distributors selling products to retailers and other businessmen. Producer-a person who produces and creates products and services provided by the seller to the buyer. Producers must always be sellers. Manufacturers sell their products to wholesalers, retailers or directly to consumers. From this height, business is a fairly simple concept. Whether it's as simple as a popcorn seller on a street corner or as complicated as a contractor selling space shuttles to NASA, all businesses depend on buyers, sellers and manufacturers at the simplest level.