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Types of E-Commerce

Types of e-commerce

Types of E-Commerce

Types of e-commerce

B2B (Business – to -Consumer):

Companies doing business with each other such as manufacturers selling to distributors and wholesalers selling to retailers.

B2C (Business-to-Consumer):

Business selling to the general public typically through catalogs utilizing cart software.

C2B (Consumer to Business):

  • Consumer posts his project with online and within hours companies review the consumer’s requirements and bid on the project.

  • C2B empowers consumers around the world by providing the meeting ground and platform for such transaction.

C2C (Consumer to Consumer):

  • There are many sites offering free classifieds, auctions, and forums.

  • Individuals can buy and sell things to online payment systems like pay bill.

  • eBay’s auction service is a great example of where person-to-person transactions take place every day since 1995.

Other Categories of E-Commerce Are:

  • G2G(Government-to-Government)

  • G2E(Government-to-Employee)

  • G2B(Government-to-Business)

  • B2G (Business-to-Government)

  • G2C(Government-to-Citizen)

  • C2G(Citizen-to-Government)

Advantages of E-Commerce

Advantages of E-Commerce

Advantages of E-Commerce

Advantages of E-Commerce

Wider Choice:

  • Help of computer networking system, business units can operate at the national as well as global level.

  • Businessmen also get a wider market for their products and services.

Improved Customer Services:

Suppliers of goods and services can offer a wide range of services to the customers, before & after sales such as

  • information about products,

  • guidance for use,

  • responding to customers querries about quality usefulness of the product, etc.

Quick Response to Customer Need:

  • In e-commerce business transaction takes far less time as compared to normal process of buying and selling.

  • Producer cut short distribution channel and supply product and services directly to consumers.

Cost Saving and Price Reduction:

  • There is substantial cost saving in business transaction.

  • There is no need to display goods in showrooms or keep large stock in godowns.

  • In the business employees required is less.

  • Cost of operation naturally comes down.

Market Information:

  • Access to market information available through the internet.

  • It enables business concerns to identify varied customer needs and produce new goods and better services accordingly.