E-commerce terminology explanation

Explanation of E-commerce terms: E-commerce refers to the trading activities and related service activities in the form of electronic transactions on the Internet, Intranet and value-added network, and it is also the electronization and networking of all aspects of traditional business activities.

E-commerce usually refers to a wide range of commercial and trade activities around the world. In the open network environment of the Internet, based on the client (server) application mode, buyers and sellers conduct various commercial and trade activities without meeting.

It is a new business operation mode to realize online shopping, online trading and online electronic payment among merchants, as well as various business activities, trading activities, financial activities and related comprehensive service activities.

Governments, scholars and business people in various countries have given many different definitions according to their respective positions and different angles and degrees of participation in e-commerce. E-commerce is divided into ABC, B2B, B2C, C2C, B2M, M2C, B2A (namely B2G), C2A (namely C2G), O2O, etc.

E-commerce is a direct product of the explosive development of the Internet and a brand-new development direction of network technology application.

Internet itself has the characteristics of openness, globality, low cost and high efficiency, which has also become an inherent feature of e-commerce, greatly surpassing the value of e-commerce as a new form of trade. It will not only change the production and management activities of enterprises themselves, but also affect the economic operation and structure of the whole society.

The "electronic" technology platform based on the Internet provides a vast development space for traditional business activities, and its outstanding advantages are incomparable to traditional media means.