📌what are the types of e-commerce (business models of E-Commerce)
📌What is E-Commerce and it’s types?
📌 Define E-Commerce.
📌 Types of E-commerce models
📌1.Business to Business
2. Business to Consumer
3. Consumer to Consumer
4. Consumer to Business
5. Business to Administration
6. Consumer to administration
E-Commerce or Electronic commerce
is described as the communication and transaction of business through a network and using computers.
Characteristics of E-commerce
1.Formation of a business-to-business partnership
2. Payment by electronic means
3. Product and service e-distribution
4. Information Exchange
5. Pre- and post-sale assistance
6.Customer relationship management
Types of e-commerce
There are 6 types of e-commerce systems. they are B2B, B2C,c2c ,C2B ,B2A, C2A. The nature of the transaction is used to classify all of the six categories of e-commerce that are now in use.
1.Business to Business
2. Business to Consumer
3. Consumer to Consumer
4. Consumer to Business
5. Business to Administration
6. Consumer to administration
1. Business to Business(B2B):–
Business-to-business e-commerce can only be defined as commerce between companies.Companies conduct business with one another in a business-to-business electronic commerce system.For example, a manufacturer may sell a product to a wholesaler, and a wholesaler may sell a product to a retailer. Manufacturers, wholesalers, and retailers all operate independently here.
The B2B model is depicted in the diagram above. There are three types of companies: wholesalers, manufacturers, and retailers. The manufacturer has a website via which wholesalers can order products from him.
When a wholesaler uses the website to place an order, the manufacturer receives information about the order through the website. The manufacturer will then ship the product to the distributor after processing the order. The wholesaler can sell the products to the retailers after receiving them.This type of business is referred to as B2B model.
2. B2C (Business to Consumer) :- The business-to-consumer (B2C) model functions as its name implies. The corporation sells its products, goods, or services directly to the consumer using the internet in this approach. Customers can look at things on the website that they want to buy and place orders for them.The company will execute the order after receiving the order data and then ship the products straight to the customer. This form of E-commerce business model is used in our daily lives by companies like Amazon, Flipkart, and others.
We may look at things on websites like Amazon and Flipkart and order them. The product’s selling firm handles the order and sends it to us after receiving it. With the use of an e-commerce website, a business company sells its products to customers.
3. Consumer to consumer (C2C) :- A consumer uses the internet or online technology to sell things, goods, or services to other customers. The C2C business concept enables us to sell our assets or possessions, such as a car, house, bike, or electronics, to other consumers via the internet. This is the type of business model used by OLX, Quickr, and others.
If consumer 1 wishes to sell a goods, he or she can post the product’s details on a website like OLX or QUICKR. The specifics of the product that consumer 1 wishes to sell can be viewed by consumer 2. If consumer 2 is interested in purchasing the product that consumer 1 is selling, the buyers can contact the seller directly, and the product will be sold. Here Products are being sold directly from one consumer to another via the Internet.
4. Consumer to Business (C2B) :- A consumer to company model is a sort of commerce in which a customer or end user gives an organisation a product or service. It’s the inverse of the B2C (Business to Consumer) model, in which companies provide items and services for consumer consumption.
Individual customers offer to sell items or services to firms that are willing to buy them in this business model. For example, if you are a software developer, you can demonstrate your programme or talents on sites such as Freelancer, Fiverr etc. If a corporation loves your software or talents, it can either buy it straight from you or hire you for their services.
5. Business to Administration (B2A):- B2A, or business to administration, is a derivative of the B2B E-commerce model. It is also known as business to government (B2G) commerce. Businesses and government organisations (administration) use central websites to communicate information and do business more efficiently than they can off the web in this model.
B2G marketing is also known as public sector marketing, which refers to selling products and services to various levels of government. Businesses can use the B2G business network to bid on government opportunities such as auctions, tenders, and application submissions etc .
6. Consumer to Administration (C2A) :- Consumers can use the Consumer to Administration or Consumer to Government E-Commerce model to request information or provide comments on public services directly to government officials or administration. For example, making power bill payments through the government’s website, paying taxes, and paying for health insurance are all examples of C2A business models.
Consumer to administration or consumer to government E-Commerce gives a simple and quick solution or method for consumers and government to communicate.
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