Which term describes selling goods via online platforms?

Study for the Edexcel A-Level Business Theme 1 Test. Quiz includes flashcards and multiple choice questions. Each question comes with hints and explanations. Get exam-ready now!

Multiple Choice

Which term describes selling goods via online platforms?

Explanation:
Selling goods using online platforms is e-commerce. This term specifically captures transactions that happen over the internet, whether through online stores, marketplaces, or apps, including activities like browsing catalogs, adding to cart, paying online, and arranging delivery. It emphasizes the digital side of the buying and selling process, which distinguishes it from other concepts like distribution (how products move from producer to consumer), intermediaries (middlemen who facilitate that movement), or retailer (a business that sells to consumers, which can be online or offline). E-commerce also encompasses different models such as B2C, B2B, and C2C, and it underpins activities from online shopping to digital payments and online marketing.

Selling goods using online platforms is e-commerce. This term specifically captures transactions that happen over the internet, whether through online stores, marketplaces, or apps, including activities like browsing catalogs, adding to cart, paying online, and arranging delivery. It emphasizes the digital side of the buying and selling process, which distinguishes it from other concepts like distribution (how products move from producer to consumer), intermediaries (middlemen who facilitate that movement), or retailer (a business that sells to consumers, which can be online or offline). E-commerce also encompasses different models such as B2C, B2B, and C2C, and it underpins activities from online shopping to digital payments and online marketing.

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