Types of Ecommerce
The following E commerce business Model shows the step-by-step process and activities followed and used by business firms, seeking to expand their business through help of electronic and telecommunications networks. The most common perception of ecommerce is that of an online commercial transaction between a business and a client. However, ecommerce can be classified into various categories, based on the stakeholders involved and the nature of the dealing.
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Different types of E-Commerce
- Business - to - Business (B2B)
- Business - to - Consumer (B2C)
- Consumer - to - Consumer (C2C)
- Consumer - to - Business (C2B)
- Business - to - Government (B2G)
- Government - to - Business (G2B)
- Government - to - Citizen (G2C)
Business - to - Consumer (B2C)
A website following the B2C business model sells its products directly to a customer. A customer can view the products shown on the website. The customer can choose a product and order the same. The website will then send a notification to the business organization via email and the organization will dispatch the product/goods to the customer.
Business - to - Business (B2B)
A website following the B2B business model sells its products to an intermediate buyer who then sells the product to the final customer. As an example, a wholesaler places an order from a company's website and after receiving the consignment, sells the end product to the final customer who comes to buy the product at one of its retail outlets.
OR
A B2B Model involves trading of goods and services between two corporate entities. A B2B model enables a business to interact and trade with other organization i.e. business houses trade goods and services with other businesses. Both the parties strike a deal directly through electronic networks and exchange products, services, information etc.
Consumer - to - Business (C2B)
In this model, a consumer approaches a website showing multiple business organizations for a particular service. The consumer places an estimate of amount he/she wants to spend for a particular service. For example, the comparison of interest rates of personal loan/car loan provided by various banks via websites. A business organization who fulfils the consumer's requirement within the specified budget, approaches the customer and provides its services.
Consumer - to - Consumer (C2C)
A website following the C2C business model helps consumers to sell their assets like residential property, cars, motorcycles, etc., or rent a room by publishing their information on the website. Website may or may not charge the consumer for its services. Another consumer may opt to buy the product of the first customer by viewing the post/advertisement on the website.
Business - to - Government(B2g)
B2G model is a variant of B2B model. Such websites are used by governments to trade and exchange information with various business organizations. Such websites are accredited by the government and provide a medium to businesses to submit application forms to the government.
Government - to - Business(G2b)
Governments use B2G model websites to approach business organizations. Such websites support auctions, tenders, and application submission functionalities.
