Definition of E-commerce

E-commerce (EC) or electronic commerce is buying or selling goods online. It refers to buying or selling goods online using a credit card or other internet services.
Internet transactions occur through website between business-costumer,costumer-business, business partner-business partner, costumer-customer.
History of e-commerce starts with 1960s USA when business companies started to share with each other business documents using Electronic Data Interchange.
The first online transaction occurred in August 1994, when a man sold disk to his friend using online platform. Huge rise of e-commerce revolution begins from the rise of eBay and Amazon.

Taken from statista.com

Types of Ecommerce Models

  • Business to Consumer(B2C)
  • When commercial seller sells physical or digital product to consumer.
  • Business to Business (B2B)
  • When bussiness partners sell to each other goods or services in commercial aim.
  • Consumer to Consumer (C2C)
  • When consumer buys item from consumer. Mostly used, old things. Not in commercial aim..
  • Consumer to Business (C2B)
  • When consumer sell it own made product or service to organization.

    Main functions of each e-commerce website.

    E-commerce system consist from 6 parts:
    1. Registration/login
    2. In order to make purchase, to control, providing all private information needed for shipping and tracking orders.
    3. Basket
    4. Shopping basket is a tool that allows to check product numbers, it is step before check out.
    5. Payment methods
    6. Is process between consumer,bank system and seller. Transaction occurs at the bank web page.
    7. Product description
    8. This is one of the most important part of the e-commerce. Seller provides all specific information about the item.
      Including product name,category, price, image,sizes and other descriptions of product.
    9. Orders management
    10. Includes all private information about consumer and order shipping information.
    11. Shipping
    12. Include information about shipping cost, track number and logistic company.
  • Information about E-commerce in Kazakhstan
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  • Laws about E-commerce in Kazakhstan Portfolio