4 Categories of Ecommerce
e-commerce or electronic business is transactions or any other terms of sale being done digitally. This involves purchasing, attempting to sell, and change of goods or solutions when it comes to change of cash using computer system networks such as the Web. Opposing into the well-known belief, e commerce will not only exist on line. In reality, e commerce already existed and do well in business-to-business transaction considering that the 70s via EDI (Electronic Data Interchange) through VANs (Value-Added Networks). Ecommerce can be further damaged into four primary categories B2B, B2C, C2B, and C2C.
• B2B (Business-to-Business)
B2B certainly relates to organizations who’re doing business with each other. A good example of that is manufacturers who’re attempting to sell their particular item to distributors, in addition to wholesalers are available it to merchants. Therefore, the prices can be on the basis of the number of purchases and it is regularly available.
• B2C (Business-to-Consumer)
Business-to-consumer typically involves attempting to sell services and products into the average man or woman or consumers through the use of catalogs making use of shopping cart software. B2B can simply earn a ton of cash; alternatively, B2C is exactly what truly in mind in a typical client regarding the e commerce as whole. With the aid of e commerce, you can easily buy numerous things at time without human being connection. A good example of these if you should be having tough time finding a book, when you need to buy a customized, high-end computer system system, or finding an initial class, all-inclusive day at a tropical utopia area. Therefore, e commerce can help you buy the services and products all at precisely the same time.
• C2B (Consumer-to-Business)
A good example of C2B occurs when a consumer posts his tasks or assignments in the Internet and internet site. The consumer sets a spending plan online in which within hours many companies ratings what’s needed required because of the customer then bid on task. It empowers the shoppers world wide by giving the meeting floor and platform for the specific transaction.
• C2C (Consumer-to-Consumer)
A good instance for C2C is the eBay. It really is in which consumers offer their products with other consumers through putting in a bid. Therefore, the main one whom bids the best can buy this product. Another instance is the internet sites providing no-cost classified ads, auctions, and discussion boards in which consumers can buy and offer services and products with other consumers. They normally use PayPal as an instrument for internet based payment system in which they may be able receive and send cash effortlessly through online.
There’s another as a type of e commerce which is the B2E or Business-to-Employee e commerce. Right here, organizations are employing internal networks available their workers services and products internet based. May possibly not be necessarily online on the net.
The other types of e commerce will be the G2G (Government-to-Government), G2E (Government-to-Employee), G2B (Government-to-Business), B2G (Business-to Government), G2C (Government-to-Citizen), C2G (Citizen-to-Government). These transactions involves mainly with all the government, from procurement to filing taxes to company enrollment to renewing license. You can still find an abundance of various other categories that exist but they have a tendency becoming superfluous.