Wayne's One Minute Newsletter

A newsletter for you to grow smarter, wiser and wealthier.
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What is E-commerce & The Types You Need To Know

E-commerce is the buying and selling of goods or services over the internet.

Why is e-commerce important?

E-commerce is important because it allows businesses to reach a wider audience, operate 24/7, and provide customers with a convenient shopping experience.

An easy way to understand e-commerce is:

To think of it as online shopping. Instead of going to a physical store, you buy products or services through websites like Amazon or eBay.

The E-commerce Types You Need To Know

There are several types of e-commerce, including business-to-consumer (B2C), business-to-business (B2B), consumer-to-consumer (C2C), and consumer-to-business (C2B). B2C involves businesses selling directly to consumers, while B2B involves transactions between businesses.

Integrating e-commerce allowed us to extend our reach beyond the physical clinic, offering skincare products and booking services online. This digital expansion significantly increased our sales channels, providing clients with 24/7 access to our offerings and boosting overall revenue while enhancing customer convenience.

Frequently Asked Questions

What is e-commerce and how does it work?

What are the advantages of e-commerce for businesses?

How do you start an e-commerce business?

What are the most popular e-commerce platforms?

How is e-commerce different from traditional retail?

What are the latest trends in e-commerce for 2024?

Wayne Yap Minute

Daily newsletter that teaches you how to add $1 million to your business

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Are You Making This Mistake?

After investing over $1.2m in gurus, masterminds and coaching, I discovered that the number one reason people don’t succeed is because they’re following the wrong path.

There are people like myself and Elon Musk who are Pure Visionaries at heart. Then there are people like MrBeast, Kylie Jenner and Steve Jobs, who are different.

That’s why I invested 100s of hours to create this free quiz: So that more people can find the path that’s most suitable for them.

Before we start charging for the quiz in 2025, discover your Archetype for Free by clicking “Start Quiz” below.

Start Quiz