In this article, you will learn-
What Is E-commerce?
Electronic commerce, commonly known as (electronic marketing) e-commerce consists of the buying and selling of products or services over electronic systems such as the Internet and other computer networks. Modern electronic commerce typically uses the World Wide Web at least at some point in the transaction’s lifecycle, although it can encompass a wider range of technologies such as e-mail as well.
E-commerce can be divided into:
v E-tailing or “virtual storefronts” on Web sites with online catalogs, sometimes gathered into a “virtual mall”
v The gathering and use of demographic data through Web contacts
v Electronic Data Interchange (EDI), the business-to-business exchange of data
v E-mail and fax and their use as media for reaching prospects and established customers (for example, with newsletters)
v Business-to-business buying and selling (B2B)
Types (model) of E-Commerce: –
Ecommerce can be broken into four main categories: B2B, B2C, C2B, and C2C.
B2B (Business-to-Business): –
Companies doing business with each other such as manufacturers selling to distributors and wholesalers selling to retailers. Pricing is based on the number of orders and is often negotiable.
is an example of B-2-B
B2C (Business-to-Consumer): –
Businesses selling to the general public typically through catalogs utilizing shopping cart software. By dollar volume, B2B takes the prize, however, B2C is really what the average Joe has in mind with regards to eCommerce as a whole.
The process of selling items to the consumer through the Internet is called B-2-C eCommerce. Or we say An activity performed to relate one business organization to a consumer through the internet is called B2C e-commerce.
Is an example of B2C
C2B (Consumer-to-Business): –
A consumer posts his project with a set budget online and within hours companies review the consumer’s requirements and bid on the project. The consumer reviews the bids and selects the company that will complete the project.
C2C (Consumer-to-Consumer): –
There are many sites offering free classifieds, auctions, and forums where individuals can buy and sell thanks ton line payment systems like PayPal where people can send and receive money online with ease. EBay’s auction service is a great example of where person-to-person transactions take place every day since 1995.
Now the day’s Government also do dome business use in e-commerce such that:
Are other forms of eCommerce that involve transactions with the government–from procurement to filing taxes to business registrations to renewing licenses? There are other categories of eCommerce out there, but they tend to be superfluous.