(i) Updating our technical knowledge will give hand in E - Commerce. Technology makes so much of our work easier
(ii) So before we start our E - Commerce business, we should be familiar with some of the basic entities like customer relationship management, accounting, project management, email and marketing etc. The deeper we learn, the greater weg row

C2B is also called a reverse auction model.

Fintech is a new financial industry that uses technology to improve financial activity.

(i) Dotcom Bubble : The Dotcom Bubble was a historic excessive growth (excessive assumption) of economy that occurred roughly between 1995 and 2000. It was also a period of extreme growth in the usage and adaptation of the Internet as well.
(ii) Dotcom Burst : The Nasdaq-Composite stock market index, fell from 5046.86 to 1114.11, This is infamously, known as the Dotcom Crash or Dotcom Burst. This began on March 11, 2000 and lasted until October 9, 2002.

A company can be called E-Business if and only if
(i) It has the ability to conduct business electronically over the Internet.
(ii) It manages payment transaction through the Internet.
(iii) It has a platform for selling products & services via the Internet.

(i) E-Business is grounded on technologies such as Network Infrastructures (like the Internet, Intranet, Extranet)
(ii) Multimedia content &network publishing infrastructures (like HTML, Online Marketing)
(iii) Messaging &information distribution infrastructures (like EDI, e-mail, HTTP, Computerized Inventory Management Systems) and
(iv) Other Common business service infrastructures (like electronic payments gateways, globalized. Supply Chain Management (SCM), Online Transaction Processing).

(i) Web 1.0 (Web of Content) is the early web that contained text, images, and hyperlinks and allowed users only to search for information and read it. There was a very little in the way of user interaction or content generation.
(ii) Web 2.0 (Web of Communication) is a read-write web that allowed users to interact with each other.
(iii) Web 3.0 (Web of Context) is termed as the semantic web or executable web with dynamic applications, interactive services, and "machine-to-machine" interaction.

(i) In B2B E-Commerce, commercial transactions take place between different business organizations, through the Internet.
(ii) For example, a cycle company may buy tyres from another company for their cycles.
(iii) When compared to other models, the value per transaction in B2B transaction is high, because of bulk purchases.
(iv) The company also might get the advantage of discounts on bulk purchases.
(v) Out-sourcing and Off-shoring are generally associated with B2B E-Commerce.
(vi) If a company's work is hired to another company, it WOuld be termed as out-sourcing.
(vii) If the work is outsourced to a company, which is outside its own country, it is called off-shoring

(i) The third wave is brought on by the mobile technologies.
(ii) It connects users for real-time and on-demand transactions via mobile technologies.
(iii) The term Web 3.0, summarize the various characteristics ofthe future Internet which include Artificial Intelligence, Semantic Web,Generic Database etc.

(i) The e-commerce system is operated on all days and all day.
(ii) It is able to conduct business 24 x 7.
(iii) People can interact with businesses at the time of their convenience.
(iv) Speed is a major advantage of E-Commerce.
(v) Advanced Electronic communications systems allow messages to reach across the world instantaneously
(vi) The Internet is too easy to 'shop around' for products and services that may be more cheaper and effective It provides an opportunity to bu at reduced costs.
(vii) It is possible to, explore the Internet, identify original manufacturers, thereby bypass wholesalers and achieve a cheaper price.
(viii) Customers can have a wide choice by comparing and evaluating the same product at different websites before making a purchase decision.
(ix) Customers can shop from home or anywhere at their convenience.
(x) Payments can also be made through online.

(i) Auction website is a kind of website, that auctions items on the Internet and levies some commission from the sales.
e.g. https://www.ebay.com/
(ii) Banner advertisement website displays advertisements of other companies in its websites and thereby earns revenue.
(iii) Bulk-buying website collect a number of users together where every one wants to buy similar items - the site negotiates a discount with the supplier and takes commission. e.g. https://www.alibaba.com/
(iv) Digital publishing sites effectively host the e-books or magazines on the web. They make profits in anumber of wayssuch as advertising, selling etc., https://wordpress.org/
(v) Licensing sites allow other websites to make use of their software. For example, the search engines which allow a visitor of the site to search within the website more easily.
(vi) Name-your-own-price websites are just like normal retail sites. In contrast, the buyer negotiates with the retailer for a particular product or service. https://in.hotels.com/
(vii) Online Shopping mall website allows multi E-Commerce traders to assemble together on a single website. Often these sellers would be related to each other, for example they may all sell luxury goods. This site would take a percentage of their profit.