Tuesday, June 2, 2015

The Internet and Trade

     With the popularity of the internet and its close to instant speeds online shopping has become especially popular.  E-Commerce is one name for trade that happens over the internet but there are several different kinds.  There are business to business, business to consumer, and consumer to consumer.  Most people will only be very familiar with the second two because unless you do trade for a business you would not be involved in the first of these. Business to consumer is when we, the consumers,  but a product or service over the internet from a business.  There are thousands of different places to do this but probably the most common online business to buy from is Amazon.  The third type of E-Commerce is Consumer to Consumer,  this is another common type that we ssee often, a great example is craigslist.  They key to Consumer to Consumer is that you are buying from another person and not a larger business.
     These three types of E-Commerce are very different but because they are all done over the internet there are certain 'ideas you must consider in order to shop safely.  Always double check the source you are buying from.  This means to check the company or person to make sure they are real, and then check the website to make it is real as well.  Even if a website looks legitimate you need to ensure that it is the correct place.  Like all things the key is to just have common sense.
     M-Commerce is a term used to describe the above mentioned types of E-Commerce that are done on a mobile device.

Reference:
http://www.differencebetween.info/difference-between-e-commerce-and-m-commerce
Picture From:
https://www.flickr.com/photos/78855484@N03/7223384344

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