Friday, December 11, 2009

E-commerce

What is e-commerce?
E-commerce is driving the new economy and the internet is its primary facilator.we can define
E-commerce as the use of electronic communications and digital information processing
technology in business transactions to create, transform, and redefine relationships for
value creation between or among organizations, and between organizations and individuals.
or simply e-commerce is exporting and importing products, services and information using E-market places
E-market places: E-markets are simply defined as Web sites where buyers and sellers interact witheach other and conduct transactions.

Types of e-commerce or types of E-market places:

B2B "business to business"
B2C "business to customer"
C2B "customer to business"
C2C "customerto customerr"

1.B2B;simply it means Exporting and Importing via the internet and this done by the companies,
About 80% of e-commerce is of this type.
there are alot of online market places that use this type of e-commerce as EC21.com.

2.B2C; Business-to-consumer e-commerce, or commerce between companies and consumers,
involves customers gathering information; purchasing physical goods (i.e., tangibles
such as books or consumer products) or information goods (or goods of electronic
material or digitized content, such as software, or e-books); and, for information
goods, receiving products over an electronic network, online banking, Entertainment
and on line customer srvice .
Amazon.com is the best known of the B2C market places also Dell is agood example
for B2C.

3.C2B; consumer to Business, with this kind of e-commerce you can work at home
google adsence, affiliate programs and drop shipping process are good examples
for C2B.

4.C2C; Consumer-to-consumer e-commerce or C2C is simply commerce between private
individuals and consumers or buying and reselling through web auctions.
e-bay is agood example for C2C ,it allows online real-time bidding
on items being sold in the Web
.

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