Electronic Commerce has changed the shape of markets. It has narrowed down the distances and has connected the buyers and sellers worldwide. It has revolutionized the marketplace for consumers and organizations. Consumers get the information with much ease, can make comparisons of several products and can get the things at their doorsteps.
what e-commerce basically is? In simple words; It is buying and selling of products or services online or through electronic media.
E-commerce is not a single type or just one model; it has various types and models. Here i am going to tell you types of E-commerce so lets have a look at each type individually:

Business-to-Business (B2B):

Its all about the online transaction among two or more businesses. For instance, an organization may outsource another organization for handling its databases of employee or other data entry system online or it may also include online transaction between organization and supplier or wholesaler etc.

Business-to-consumer (B2C):

It is like a retail store over internet where businesses or organizations directly sell to the end user or consumer. Online transactions take place between business and end user. Consumer can get the desired products just through some clicks sitting at home. For instance, if you want to buy a laptop, you will go to the website of Dell Corp. and select the one suits you the best place the order make payment online through credit card and your laptop will be delivered at your doorstep. How facilitating, isn't it?

Consumer-to-Business (C2B):

It is the opposite of traditional B2C model. In C2B, individuals sell their products and services to the organizations and businesses. For instance, you have a certain project or product, you will offer it to all business who can make use of that, they will give you their offers and you will select the best one.

Consumer-to-Consumer (C2C):

It is the dealing between 2 or more consumers. It is done usually via auction sites. Individuals place their products for auction, other consumers come and bid to purchase that product. ebay.com is most familiar name in this regard.

Business-to-Employee (B2E):

It is conducted within an organization, where employees use information, products and services, exchange stuff using intranet. It is specially for the employees to facilitate them with their working.

I hope i have been able to clearly communicate the basic concepts of these models. As these are primary models which are making up most of the E-commerce marketplace.


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