Growth of small business by e-commerce1.Extended introduction:Electronic commerce or e-commerce means the purchase and sales of goods andservices over the internet. The e-commerce industry in Bangladesh has seen a dramatic growthsince early 2000(“Bangladesh - eCommerce”, n.d.). In this 21st century, we are heavilydependent on the internet for products or services. E-commerce makes our life so much easierbecause we can easily find and purchase products from anywhere in the world. It is veryconvenient both for buyers and sellers because most of the time the buyers pay through digitaltransactions. The term e-commerce is often used to refer to the sale of physical goods. There isa slight difference between e-business and e-commerce. While e-business means operating allbusiness online on the other hand e-commerce means especially the transactions of goods andservices.Currently, there are three types of e-commerce business that have gained popularity andthey are business to business(B to B), business to consumer(B to C), and consumer toconsumer(C to C). Business to business or B to B means when a company or firm sells itsproducts or services to another company or firm. For example, Walton is doing business withevaly. Business to consumer or B to C means when a company or firm sells goods or servicesdirectly to a consumer without any middleman or third party. For example, evaly sells television,fridges, motorbike, etc to consumers. The last type of e-commerce is consumer to consumer orC to C. It means if a consumer sells a product to another consumer. For example, someone
