BY:SYLVESTER

PRESENTATIONON

BUSINESS MODELS

E-commerce or eCommerce, is trading in products or services using computer networks, such as the Internet. Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. Modern electronic commerce typically uses the World Wide Web for at least one part of the transaction's life cycle, although it may also use other technologies such as e-mail.

DEFFINITION OF E-COMMERCE

e business, or e-business, is the application of information and communication technologies (ICT) in support of all the activities of business. Commerce constitutes the exchange of products and services between businesses, groups and individuals and can be seen as one of the essential activities of any business. Electronic commerce focuses on the use of ICT to enable the external activities and relationships of the business with individuals, groups and other businesses. The term "e-business" was coined by IBM's marketing and Internet teams in 1996.

DEFFINITION OF E-BUSINESS

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Types Of E-Commerce(Business Models)

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. 

Business To Business

B2C business model sells its products directly to a customer through its online website. The customer can select the product of interest & order it. Further a message will be sent of the orders confirmation to the customer.

Business To Consumer

There are many sites offering free classifieds, auctions, and forums where individuals can buy and sell thanks to online payment systems like PayPal where people can send and receive money online with ease. eBay's auction service is a great example of where person-to-person transactions take place everyday since 1995.

Customer To Customer

In this Model, a consumer approaches the website showing multiple business org. for a particular service.

Customer places/states an estimate of the amount he/she wants to spend for a particular service.

For Ex. Comparison of interest rates of personal loan or car loan provided by various banks via website.

Consumer To Business

This is a variant of B2B model. Such websites are used by govt. to trade and exchange information with various business organizations.

Such websites are used by the govt. & provide a medium to business to submit application forms to the govt.

Business To Government

Govt. uses B2G model to approach business orgs. Such websites support auctions, tenders & application submission functionalities.

Government To Business

Govt. uses G2C model website to approach citizen In general. Such websites support auctions of vehicles, machinery or any other material.

It also provides services like registration for birth, marriage or death certificates.

Government To Citizen

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