The Five Different Types of E-Commerce
E-commerce is the process of buying and selling of various products and services by businesses through the Internet. It deals various kind of business concern, from retail site of the consumer, which includes auction. The main focus is to concentrate on business substitutes involving goods and services between various corporations.
E-commerce is the purpose of Internet and the web to Conduct business but when we concentrate on commercial deals among organizations and individuals demanding selective information systems under the guarantee of the firm it accepts the form of e-business. Nowadays, the word ‘e’ is hitting momentum. If you’re looking to get into this business, one of the fore most thing you have to have is a virtual private cloud hosting keeping the traffic in mind and respecting customers valuable time.
There are primarily five types of e-commerce models
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 individuals. The basic concept of this model is to sell the product online to the consumers.
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. AsB2B it manages directly relationship with consumers, B2C supply chains normally dealwith business that are related to the customer.
Business to Business (B2B)
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 businesses i.e. the producers of those products.
“It is one of the cost effective way to sell out product through out the world”
- Encourage your businesses online
- Products import and export
- Determine buyers and suppliers
- Position trade guides
Consumer to Consumer (C2C)
C2C stands for Consumer to Consumer. It helps the online dealing of goods or services among people. Though there is no major parties needed but the parties will not fulfill the transactions without the program which is supplied by the online market dealer such as eBay.
Peer to Peer (P2P)
It is a discipline that deal itself which assists people to instantly shares related computer files and computer sources without having to interact with central 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 from the starting it has been tended to the release of use due to which it sometimes caught involved in cyber laws.
It deals with conducting the transactions with the help of mobile. The mobile device consumers can interact each other and can lead the business. Mobile Commerce involves the change of ownership or rights to utilize goods and related services.