As we know, Commerce is defined as the buying and selling activity, especially in big quantities. Then an eCommerce, it can be known as electronic Commerce, which means perform the buying and selling activity in a web or online method.
How does it work?
Well, actually eCommerce websites just work like a brick-and-mortar store, you display all your products in your website like a store displaying their goods in their store racks.
Then your website visitor can shop on your website and add their favourite products to cart. Once finished shopping, they can checkout on the website as well as make the payment through payment gateway.
There are also various payment gateways in Singapore, here you can know which are the best payment gateways in Singapore.
Types of eCommerce websites
An eCommerce website can be separate into different category as well, known as below:
B2B: Business-to-Business eCommerce is the products or services transactions between business and business, eg: Alibaba (https://singapore.alibaba.com/)
B2C: Business-to-Consumer eCommerce is the products or services transactions from business to consumer, eg: Qoo10 (https://www.qoo10.sg/)
C2C: Consumer-to-Consumer eCommerce is the products or services transactions between consumer and consumer, eg: eBay (https://www.ebay.com.sg/)
C2B: Consumer-to-Business eCommerce is the products or services transactions from individual to business, eg: Fiverr (https://www.fiverr.com/)
How to build an eCommerce Website?
We have an details article to guide you on that, read here for more: Just Simple 4 Steps To Create An eCommerce Website Effectively & How to Increase Revenue in Your Online Store.
