E commerce is a Electronic commerce is the process of doing business electronically. It involves the automation of a variety of business to business and business to consumer transactions through reliable and secure connections.
Sales, Purchase of goods, services through electronic mode is electronic
Types of E-Commerce
Business to Business (B2B) - It is a form of electronic commerce in which products or services are sold from firm to another firm. It is performed in much higher volumes than B2C. For eg. Intel is selling micro-processor to Dell or Reebok is selling shoes to Flipkart are the example of B2B. Website Example : shop2gether.com, Quill.com.
Business to Consumer (B2C) - It is a form of electronic commerce in which products or services are sold from a firm directly to consumer. For eg. Dell is selling a laptop to me or Flipkart is selling Reebok shoes to a consumer are the examples of B2C. Website Examples: amazon.com, flipkart.com
Consumer to Business (C2B)- It is a form of electronic commerce in which products or services are sold from a consumer to a firm. For eg. I am selling a book to Manan Prakashan or A programmer is offering his freelance programming services to a company. Website Examples: guru.com.
Consumer to Consumer (C2C)- It is a form of electronic commerce in which products or services are sold from one consumer to another consumer with the help of online market maker such as the auction site. For eg Smita is buying an Ipod from Anita on ebay or I am selling a car to Mr. X on Olx are the examples of C2C. Website Examples: ebay.com, olx.in.
Business to Government (B2G)- B2G is a variant of B2B model. Such websites are used by gov. to trade and exchange information with the various business organisations. Such websites are accredited by the government and provide a medium to business to submit application form to the government.
