E commerce

Contents
 Introductions
 Electronic Business
 Electronic Commerce
 Electronic Commerce Models
 Business – to – Business (B2B) model
 Business – to – Consumer (B2C) model
 Consumer – to- Consumer (C2C) model
 Consumer – to – Business (C2B) model

Electronic Business
Electronic business, commonly referred to as
"eBusiness" or "e-business", or an internet business,
may be defined as the application of information and
communication technologies in support of all the
activities of business.
The term "e-business" was coined by IBM's marketing and
Internet teams in 1996
Electronic business methods enable companies to link
their internal and external data processing systems more
efficiently and flexibly, to work more closely with
suppliers and partners, and to better satisfy the needs and
expectations of their customers.

Electronic Commerce
Background:
The major buzzword in business today is E-commerce.
Till recently the internet was primarily used as a means of
accessing and broadcast information, as business became
more complex and global, a need was felt for a bigger
faster and convenient access to consumers spread across
the world. That is how and when, the tech-gurus
leveraging the power and reach of the Internet brought
forth the concept of E-commerce. It is the use of
electronic information technologies to conduct business
transaction among buyers, sellers and other trading
partners.

Electronic Commerce
Electronic commerce, commonly known as e-
commerce.
E-commerce combines business and electronic
infrastructures, allowing traditional business transaction
to be conducted electronically. It enables the online
buying and selling of goods and services via the
communication capabilities of private and public
computer networks including the internet.

E-Business & E-Commerce
In practice, e-business is more than just e-commerce.
While e-business refers to more strategic focus with an
emphasis on the functions that occur using electronic
capabilities, e-commerce is a subset of an overall e-
business strategy.

E-Commerce Models
Creating an e-commerce solution mainly involves creating
and deploying an e-commerce site.
The first step in the development of an e-commerce
site is to identify the e-commerce model.
Depending on the parties involved in the transaction, e-
commerce can be classified into 4 models.
These are:
• Business – to – Business (B2B) model
• Business – to – Consumer (B2C) model
• Consumer – to- Consumer (C2C) model
• Consumer – to – Business (C2B) model

Business-to-Business (B2B) Model
This model describes commerce transactions between
businesses, such as between a manufacturer and a
wholesaler, or between a wholesaler and a retailer.
Example: Dell deals computers and other associated
accessories online but it does not manufacture 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

Business-to-Consumer (B2C) Model
The B2C model involves transactions between business
organizations and consumers. It applies to any business
organization that sells its products or services to
consumers over the Internet. These sites display product
information in an online catalog and store it in a database.
The B2C model also includes services online banking, travel
services, and health information.
Example: www.flipkart.com, www.myntra.com, etc….

Consumer-to-Consumer (C2C) Model
The C2C model involves transaction between consumers.
Here, a consumer sells directly to another consumer.
eBay.com, olx.com, etc… are common examples of online
auction web sites that provide a consumer to advertise
and sell their products online to another consumer.
While the seller needs to pay a fixed fee to the online
auction house to sell their products, the buyer can bid
without paying any fee. The site brings the buyer and seller
together to conduct deals.

Consumer-to-Business (C2B) Model
The C2B model involves a transaction that is conducted
between a consumer and a business organization. It is
similar to the B2C model, however, the difference is that
in this case the consumer is the seller and the business
organization is the buyer. In this kind of a transaction, the
consumers decide the price of a particular product rather
than the supplier. This category includes individuals who
sell products and services to organizations
Example: www.monster.com, www.nakuri.com, etc….

Other models
In addition to the models discussed so far, five new
models are being worked on that involves transactions
between the government and other entities, such as
consumer, business organizations, and other
governments. All these transactions that involve
government as one entity are called e-governance. The
various models in the e-governance scenario are:

Government-to-Government (G2G) model: This model
involves transactions between 2 governments.
Example: if the Indian government wants to by oil from the
Arabian government, the transaction involved are
categorized in the G2G model.

Government-to-Consumer (G2C) model: In this model,
the government transacts with an individual consumer.
Example: a government can enforce laws pertaining to tax
payments on individual consumers over the Internet by
using the G2C model.

Consumer-to-Government (C2G) model: In this model,
an individual consumer interacts with the government.
Example: a consumer can pay his income tax or house tax
online. The transactions involved in this case are C2G
transactions.

Government-to-Business (G2B) model: This model
involves transactions between a government and business
organizations.
Example: the government plans to build a fly over. For this,
the government requests for tenders from various
contractors. Government can do this over the Internet by
using the G2B model.

Business-to-Government (B2G) model: In this model, the
business houses transact with the government over the
Internet.
Example: similar to an individual consumer, business houses
can also pay their taxes on the Internet.

No Answers are without
Questions!!!

Any

E commerce

Recommended

More Related Content

What's hot (20)

Viewers also liked (15)

Similar to E commerce (20)

E commerce