E-commerce or e-commerce is an electronically executed transaction or other sales term. This involves the purchase, sale and exchange of goods or services for currency exchange using a computer network such as the Internet. Against the popular view, e-commerce exists not only on the Internet. In fact, since the 1970s, e-commerce has existed and has performed well in business-to-business transactions through EDI [Electronic Data Interchange] through VAN [Value Added Network]. E-commerce can be further divided into four categories: B2B, B2C, C2B and C2C.
• B2B [business to business]
B2B will definitely deal with companies that do business with each other. An example of this is where a manufacturer sells a product to a distributor and the wholesaler sells it to a retailer. Therefore, pricing can be based on the number of orders and is often contested.
• B2C [business to consumer]
Business-to-consumer typically involves selling products and services to the general public or consumers through the use of a shopping cart software catalog. B2B can easily make a lot of money; on the other hand, in terms of overall e-commerce, B2C is what ordinary customers really think of. With the help of e-commerce, you can easily buy a lot of things without human intervention. If you have a hard time finding a book, there are examples of this when you need to buy a custom high-end computer system or find a first-class all-inclusive trip to a tropical paradise island. Therefore, e-commerce can help you buy all your products at the same time.
• C2B [consumer-to-business]
An example of C2B is that a consumer publishes his project or assignment on the Internet and on a website. Consumers set budgets online, and within a few hours, many companies review the requirements that consumers need and then bid on the project. It supports customers around the world by providing meeting venues and platforms for specific transactions.
• C2C [consumer to consumer]
A good example of C2C is eBay. Consumers sell products to other consumers through tendering. Therefore, the person with the highest bid can purchase the product. Another example is a website that offers free classified ads, auctions, and forums where consumers can buy and sell products to other consumers. They use PayPal as a tool for online payment systems, and they can easily send and receive funds online.
There is another form of e-commerce, namely B2E or business-to-employee e-commerce. Here, the company is using its internal network to provide employee products and services online. It may not necessarily be online online.
Other forms of business are G2G [government versus government], G2E [government versus employees], G2B [government versus business], B2G [business to government], G2C [government versus citizen], C2G [citizen versus government]. These transactions are mainly related to the government, from procurement to filing tax to business registration to renewal of licenses. There are still many other categories, but then they are often redundant.
Orignal From: 4 types of e-commerce
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