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Different Types of E-Commerce

Ecommerce mainly consists of distribution, purchase, sale, marketing and provision for supplementary information of products or services via the Internet. E-commerce also includes the transfer of information between enterprises. In late 70S, Ecommerce started as a process of sending and receiving electronic documents such as invoices. As the process evolved, it included activities such as purchase of goods an services via Internet by using different types of purchase cards i.e. credit and debit cards. Today, Ecommerce is spearheading a all new way of buying and selling online. Ecommerce activities fall into identifiable categories and can be classified as business to business (B2B), business to customer (B2C) and many more as follows:

Business to Consumer (B2C)

B2C stands for Business to Consumer as the name suggests, it is the model taking businesses and consumers interaction. Online business sells to individual. The basic concept of this model is to sell the product online to the consumers.

Definition. B2C is the indirect trade between the company and consumers. It provides direct selling through online. For example: if you want to sell goods and services to customer so that anybody can purchase any products directly from supplier’s website.

Directly interact with the customers is the main difference with other business model. As B2B it manages directly relationship with consumers, B2C supply chains normally deal with business that are related to the customer.

Business to Business (B2B)

Definition. B2B stands for Business to business. It consists of largest form of Ecommerce. This model defines that Buyer and seller are two different entities. It is similar to manufacturer issuing goods to the retailer or wholesaler.

Dell deals computers and other associated accessories online but it is does not make up all those products. So, in govern to deal those products, first step is to purchases them from unlike business i.e. the producers of those products.

“It is one of the cost effective way to sell out product throughout the world”.

Benefits

•    Encourage your businesses online
•    Products import and export
•    Determine buyers and suppliers
•    Position trade guides

Consumer to Business (C2B)

In today’s Ecommerce arena, it is growing trend wherein consumers demand specific product or services from respective businesses. For example: we contact a tour and travel operator via the website for purchasing a holiday package. Consumer to business Ecommerce is growing at a rapid pace and the trend is set to continue in the future.

Consumer to Consumer (C2C)

Usually, this type of Ecommerce works as Consumer to Business to Consumer (C2B2C). It essentially means that a consumer would contact a business in search for a suitable customer. Most of the auction websites (like eBay) and matrimonial websites are working on this methodology.

Apart from the types of Ecommerce mentioned above, there are various other hybrid forms of Ecommerce being practiced in today’s globalize world. Choosing the appropriate model is crucial and vital for your business and I would leave it to your best judgment.

Peer to peer

It is a discipline that deal itself which assists people to instantly shares related computer files and computer sources without having to interact with contract web server. If you are going to implement this model, both sides demand to install the expected software so that they could able to convey on the mutual platform. This kind of e-commerce has very low revenue propagation as form the starting it has been tended to the release of use due to which it sometimes caught involved in cyber laws.

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