Excpaien the classification of of e-commer
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Answer:
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Explanation:
There are six basic types of e-commerce — Business-to-Business (B2B), Business-to-Consumer (B2C), Consumer-to-Consumer (C2C), Consumer-to-Business (C2B), Business-to-Administration (B2A) and Consumer-to-Administration (C2A) — and all of them represent a different purchasing dynamic.
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Explanation:
A common classification of E-Commerce is by the nature of transactions. There are six types of E-Commerce:
1. BUSINESS – TO – BUSINESS (B2B): It includes the IOS transactions and electronic market transactions between organizations.
• IOS Transactions means Inter Organizational Information Systems refers to flow of standard transactions information between business partners, such as placing orders, building or paying.
2. BUSINESS TO CUSTOMERS (B2C): These are retailing transactions with individual shoppers.
3. CUSTOMER TO CUSTOMER : In this transaction customer sells directly to customers example : selling residential properties, cars, etc.,
4. NON BUSINESS E-COMMERCE: An increased no. of non-business institutions such as academic institutions, not for profit institutions religious, organizations, social organizational activities.
5. CUSTOMER TO BUSINESS (C2B): This category includes individuals who sell products are services to organizations.