uterti-com

Just another WordPress site

4 e-commerce categories

Electronic commerce or electronic commerce are transactions or other conditions of sale that are carried out electronically. This involves the purchase, sale and exchange of goods or services for the exchange of money using computer networks such as the Internet. Contrary to popular belief, e-commerce doesn’t just exist on the web. In fact, e-commerce was already around and works well in business-to-business transactions since the 1970s via EDI (Electronic Data Interchange) over VANs (Value Added Networks). E-commerce can be divided into four main categories: B2B, B2C, C2B, and C2C.

• B2B (business to business)

B2B definitely deals with companies that do business with each other. An example of this are manufacturers who sell their product to distributors and wholesalers sell it to retailers. Therefore, the price can be based on the number of orders and is often available.

• B2C (business to consumer)

Business to consumer generally involves the sale of products and services to the general public or consumers through the use of catalogs using shopping cart software. B2B can easily make a lot of money; On the other hand, B2C is what an average customer really has in mind when it comes to ecommerce as a whole. With the help of e-commerce, you can easily buy many things at once without having human interaction. An example of this is if you are having a hard time finding a book, when you need to buy a custom high-end computer system, or find a first-class all-inclusive trip to a tropical island paradise. Therefore, e-commerce can help you buy the products at the same time.

• C2B (consumer to business)

An example of C2B is when a consumer posts their projects or assignments on the internet and on a website. The consumer sets an online budget where, in a matter of hours, many companies review the requirements that the consumer needs and then bid on the project. It empowers customers around the world by providing the meeting place and platform for that particular transaction.

• C2C (consumer to consumer)

A very good example of C2C is eBay. It is where consumers sell their products to other consumers through tenders. Thus, whoever bids the highest can buy the product. Another example is sites that offer free classifieds, auctions, and forums where consumers can buy and sell products to other consumers. They use PayPal as a tool for the online payment system where they can easily send and receive money over the Internet.

There is another form of electronic commerce which is B2E or Business-to-Employee electronic commerce. Here, companies use internal networks to offer their employees products and services online. It may not necessarily be online on the Web.

The other forms 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). These transactions mainly involve the government, from acquisitions to tax filing, business registration and license renewal. Many other categories still exist, but they tend to be superfluous.

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *