EcommerceEcommerce  ((e-commercee-commerce))

Is the purchasing, selling, and exchanging Is the purchasing, selling, and exchanging of goods and services over computer of goods and services over computer networks (such as the Internet) through networks (such as the Internet) through which transactions or terms of sale are which transactions or terms of sale are performed electronically.performed electronically.

In fact, ecommerce was alive and well in In fact, ecommerce was alive and well in business to business transactions before business to business transactions before the Web back in the 70s via EDI (Electronic the Web back in the 70s via EDI (Electronic Data Interchange) through VANs (Value-Data Interchange) through VANs (Value-Added Networks).Added Networks).

Types:Types:

Business to Consumer (B2C)Business to Consumer (B2C)

Business to Business (B2B)Business to Business (B2B)

Consumer to Consumer (C2C)Consumer to Consumer (C2C)

  Consumer-to-BusinessConsumer-to-Business ( (C2B)C2B)

Business to Consumer (B2C)Business to Consumer (B2C)

it is the model involving businesses and it is the model involving businesses and consumers.consumers.

In this model, online businesses sell to individual In this model, online businesses sell to individual consumers.consumers.

online retailers and marketers can sell their online retailers and marketers can sell their products to the online consumer by using crystal products to the online consumer by using crystal clear data which is made available via various clear data which is made available via various online marketing tools. online marketing tools.

Business to Business (B2B)Business to Business (B2B)

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

Pricing is based on quantity of order and is Pricing is based on quantity of order and is often negotiable.E.g. Dell sells computers often negotiable.E.g. Dell sells computers and other related accessories online but it and other related accessories online but it is does not manufacture all those is does not manufacture all those products. products.

Consumer to Consumer (C2C)Consumer to Consumer (C2C)

There are many sites offering free There are many sites offering free classifieds, auctions, and forums where classifieds, auctions, and forums where individuals can buy and sell thanks to individuals can buy and sell thanks to online payment systems like PayPalonline payment systems like PayPal

where people can send and receive where people can send and receive money online with ease. money online with ease.

C2B C2B (Consumer-to-Business)(Consumer-to-Business)

A consumer posts his project with a A consumer posts his project with a set budget online and within hours set budget online and within hours companies review the consumer's companies review the consumer's requirements and bid on the project. requirements and bid on the project. The consumer reviews the bids and The consumer reviews the bids and selects the company that will selects the company that will complete the project.complete the project.

OtherOther There are other types of e-commerce There are other types of e-commerce

business models too like business models too like

Business to Employee (B2E)Business to Employee (B2E)

Government to Business (G2B)Government to Business (G2B) Government to Citizen (G2C)Government to Citizen (G2C)

BYBY

G.B.Anjali.G.B.Anjali.

IMBA-2IMBA-2ndnd year year

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