E commerce andtypes of models
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E commerce and types of models : There are primarily five types of E commerce models :
1. Business To Consumer (B2C)
Business to consumer is the first type of e-commerce that is also the most common one. It is also known as B2C model. In this type online business selling is offered to individual customers. This type started to expand after 1995 and now became one of the most common e-commerce.
The B2C model works by retailers and marketers that use clear data in various marketing tools so can sell their products to the internet users.
The internet users can use the shopping cart for everything they need. Payment is mostly done through credit cards or by payment gateways like the PayPal.
Direct interaction with the customers is the main difference with other business model. B2C normally deal with business that are related to the customer. The basic concept of this model is to sell the product online to the consumers.
2. Business To Business (B2B)
Business to business, known as B2B model, is the largest e-commerce model that is based on revenue which involves trillions of dollars. In this both the buyers and sellers are business entities. B2B describes commerce transactions between businesses, such as between a manufacturer and a wholesaler, or between a wholesaler and a retailer.
The volume of B2B transactions is much higher than the volume of B2C transactions and any other transaction.
The primary reason for this is that in a typical supply chain there will be many B2B transactions involving sub components or raw materials, and only one B2C transaction, specifically sale of the finished product to the end customer.
Benefits of B2B model:
1.Encourage businesses online
2.Products import and export
3.Determine buyers and suppliers
4.Position trade guides.
3. Consumer To Consumer (C2C)
Consumer to consumer (C2C) or citizen-to-citizen electronic commerce involves the electronically facilitated transactions between consumers through some third party. A common example is the online auction, in which a consumer posts an item for sale and other consumers bid to purchase it; the third party generally charges a flat fee or commission.
The sites are only intermediaries, just there to match consumers. They do not have to check quality of the products being offered
The C2C model facilitates online transactions of goods and services between the individual net users. But in this both the web users or both the parties cannot carry out any transaction without the platform that is provided by an online market maker such as the eBay.
There is also the Customer to Business (C2B) model which is relatively less common. It's a complete reversal of the traditional sense of transaction, but could be found in crowdsourcing based projects.
4. Peer To Peer (P2P)
Peer to peer, peer-to-peer or usually said as P2P, is a communications model in which each party has the same capabilities and either party can initiate a communication session.
This type that is a technology that helps their customers to share a computer resource and computer files to anyone they require without the need of a central web server.
In recent usage, peer-to-peer has come to describe applications in which users can use the internet to exchange files with each other directly or through a mediating server. In some cases, peer-to-peer communications is implemented by giving each communication node both server and client capabilities.
Those who are going to implement this model, both sides demand to install the expected software so that they could 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.
5. Mobile Commerce
Mobile commerce or m-commerce, uses mobile devices like the mobile phones as can carry out online transactions. Nowadays, web designers are trying to optimize website so they can easily view on mobile phones and to allow the use of this model.
Mobile Commerce conduct commerce using a mobile device, such as a mobile phone, a Personal Digital Assistant (PDA), a smartphone, or other emerging mobile equipment such as dashtop mobile devices.
1. Business To Consumer (B2C)
Business to consumer is the first type of e-commerce that is also the most common one. It is also known as B2C model. In this type online business selling is offered to individual customers. This type started to expand after 1995 and now became one of the most common e-commerce.
The B2C model works by retailers and marketers that use clear data in various marketing tools so can sell their products to the internet users.
The internet users can use the shopping cart for everything they need. Payment is mostly done through credit cards or by payment gateways like the PayPal.
Direct interaction with the customers is the main difference with other business model. B2C normally deal with business that are related to the customer. The basic concept of this model is to sell the product online to the consumers.
2. Business To Business (B2B)
Business to business, known as B2B model, is the largest e-commerce model that is based on revenue which involves trillions of dollars. In this both the buyers and sellers are business entities. B2B describes commerce transactions between businesses, such as between a manufacturer and a wholesaler, or between a wholesaler and a retailer.
The volume of B2B transactions is much higher than the volume of B2C transactions and any other transaction.
The primary reason for this is that in a typical supply chain there will be many B2B transactions involving sub components or raw materials, and only one B2C transaction, specifically sale of the finished product to the end customer.
Benefits of B2B model:
1.Encourage businesses online
2.Products import and export
3.Determine buyers and suppliers
4.Position trade guides.
3. Consumer To Consumer (C2C)
Consumer to consumer (C2C) or citizen-to-citizen electronic commerce involves the electronically facilitated transactions between consumers through some third party. A common example is the online auction, in which a consumer posts an item for sale and other consumers bid to purchase it; the third party generally charges a flat fee or commission.
The sites are only intermediaries, just there to match consumers. They do not have to check quality of the products being offered
The C2C model facilitates online transactions of goods and services between the individual net users. But in this both the web users or both the parties cannot carry out any transaction without the platform that is provided by an online market maker such as the eBay.
There is also the Customer to Business (C2B) model which is relatively less common. It's a complete reversal of the traditional sense of transaction, but could be found in crowdsourcing based projects.
4. Peer To Peer (P2P)
Peer to peer, peer-to-peer or usually said as P2P, is a communications model in which each party has the same capabilities and either party can initiate a communication session.
This type that is a technology that helps their customers to share a computer resource and computer files to anyone they require without the need of a central web server.
In recent usage, peer-to-peer has come to describe applications in which users can use the internet to exchange files with each other directly or through a mediating server. In some cases, peer-to-peer communications is implemented by giving each communication node both server and client capabilities.
Those who are going to implement this model, both sides demand to install the expected software so that they could 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.
5. Mobile Commerce
Mobile commerce or m-commerce, uses mobile devices like the mobile phones as can carry out online transactions. Nowadays, web designers are trying to optimize website so they can easily view on mobile phones and to allow the use of this model.
Mobile Commerce conduct commerce using a mobile device, such as a mobile phone, a Personal Digital Assistant (PDA), a smartphone, or other emerging mobile equipment such as dashtop mobile devices.
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