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Types of E-Commerce

E-business encompasses a broad range of online business processes beyond just buying and selling, including supply chain management and customer relationship management. E-commerce specifically refers to the buying and selling of goods and services over the internet, classified into four main models: Business to Business (B2B), Business to Consumer (B2C), Consumer to Consumer (C2C), and Consumer to Business (C2B). Examples of e-commerce platforms include Amazon and OLX, with global retail e-commerce projected to reach $27 trillion by 2020.

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89 views2 pages

Types of E-Commerce

E-business encompasses a broad range of online business processes beyond just buying and selling, including supply chain management and customer relationship management. E-commerce specifically refers to the buying and selling of goods and services over the internet, classified into four main models: Business to Business (B2B), Business to Consumer (B2C), Consumer to Consumer (C2C), and Consumer to Business (C2B). Examples of e-commerce platforms include Amazon and OLX, with global retail e-commerce projected to reach $27 trillion by 2020.

Uploaded by

louartisalma12
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We take content rights seriously. If you suspect this is your content, claim it here.
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ACTIVITY NO.

E-business and E-commerce

Definition - What does Electronic Business (E-Business)


mean?
Electronic business (e-business) refers to the use of the Web, Internet, intranets, extranets or
some combination thereof to conduct business. E-business is similar to e-commerce, but it
goes beyond the simple buying and selling of products and services online. E-business
includes a much wider range of businesses processes, such as supply chain management,
electronic order processing and customer relationship management. E-business processes,
therefore, can help companies to operate more effectively and efficiently.

Electronic Commerce

E-Commerce or Electronic Commerce means buying and selling of goods, products, or


services over the internet. E-commerce is also known as electronic commerce or internet
commerce. These services provided online over the internet network. Transaction of money,
funds, and data are also considered as E-commerce. These business transactions can be done
in four ways: Business to Business (B2B), Business to Customer (B2C), Customer to
Customer (C2C), Customer to Business (C2B). The standard definition of E-commerce is a
commercial transaction which is happened over the internet. Online stores like Amazon,
Flipkart, Shopify, Myntra, Ebay, Quikr, Olx are examples of E-commerce websites. By 2020,
global retail e-commerce can reach up to $27.

Types of E-Commerce Models


Electronic commerce can be classified into four main categories. The basis for this simple
classification is the parties that are involved in the transactions. So the four basic electronic
commerce models are as follows,

1. Business to Business

This is Business to Business transactions. Here the companies are doing business with each
other. The final consumer is not involved. So the online transactions only involve the
manufacturers, wholesalers, retailers etc.

2. Business to Consumer

Business to Consumer. Here the company will sell their goods and/or services directly to the
consumer. The consumer can browse their websites and look at products, pictures, read
reviews. Then they place their order and the company ships the goods directly to them.
Popular examples are Amazon, Flipkart, Jabong etc.

3. Consumer to Consumer

Consumer to consumer, where the consumers are in direct contact with each other. No
company is involved. It helps people sell their personal goods and assets directly to an
interested party. Usually, goods traded are cars, bikes, electronics etc. OLX, Quikr etc follow
this model.

4. Consumer to Business

This is the reverse of B2C, it is a consumer to business. So the consumer provides a good or
some service to the company. Say for example an IT freelancer who demos and sells his
software to a company. This would be a C2B transaction.

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