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Buy-side e-commerce refers to transactions where businesses purchase goods and services from suppliers or vendors, focusing on procurement and sourcing needs. In contrast, sell-side e-commerce involves companies selling their products or services directly to consumers or other businesses, emphasizing marketing, sales, and distribution. Essentially, buy-side is about acquiring resources, while sell-side is about generating revenue through sales. Both sides are crucial for the overall functioning of e-commerce ecosystems.
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