E-commerce is the buying and selling of products and services by businesses and consumers through the Internet.
It covers different types of businesses, from consumer based retail sites, through auction or music sites, to business exchanges trading goods and services between corporations.
There are five types of e-commerce:
B2B
B2B stands for Business to Business. B2B e-commerce is the most cost effective way for sellers to reach buyers around the globe.
Benefits from b2b websites:
– Promote your businesses online.
– Import and export products.
– Find buyers and suppliers.
– Post trade leads.
B2C
B2C stands for Business to Consumer. It is the direct trade between companies and end consumers. This is the direct selling via the Internet. For example: selling goods direct to customer and anyone can buy any products from the supplier's website.
The main difference between B2B and B2C supply chains is that the customers are different. B2B supply chains deal directly with other businesses while B2C supply chains generally deal with business directly to the customer. Technology has really played a major role in changing both, the supply chain of B2B and B2C.
B2E
B2E stands for Business to Employee. B2E is frequently used to refer to the B2E portal which is company intranet that is customized for each employee.
C2C
C2C stands for Consumer to Consumer. The common example of C2C is the online auction which consumers post items for sale and other consumers bid to purchase them.
C2B
C2B stands for Consumer to Business. C2B enables customers to pay online for virtually any type of invoice they may have from their homes.
