What do you mean by the followed types of e-commerce ?
i) B2B (Business to Business) ii) B2C (Business to Customer
i) B2B - Business to Business
It is a mode of conducting business between two or more companies over the Internet, rather than more traditional modes such as telephone, mail, and face to face.
In the past EDI was conducted on a direct link of some form between the two businesses where as today the most popular connection is the Internet.
The two businesses pass information electronically to each other. B2B e-commerce currently makes up about 94% of all e-commerce transactions.
Some of the advantages of B2B are:
i) Improved customer satisfaction
ii) Improved inventory system
iii) Easy and cost effective marketing
iv) Coordination between manufacturers, distributors and dealers.
v) Better management of business
ii)B2C -Business to Consumer
This is where the consumer accesses the system of the supplier. It is still a two-way function but is usually done solely through the Internet.
In B2C e-commerce companies sell goods to consumers online in a dynamic environment. Each transaction under B2C represents an individual buying online.
Some examples:- Conducting individual stock trades, a co. offering lots of books for sale on its web site.
An example of B2C model is Amul.com which sells Amul branded products online
i) B2B (Business to Business) ii) B2C (Business to Customer
i) B2B - Business to Business
It is a mode of conducting business between two or more companies over the Internet, rather than more traditional modes such as telephone, mail, and face to face.
In the past EDI was conducted on a direct link of some form between the two businesses where as today the most popular connection is the Internet.
The two businesses pass information electronically to each other. B2B e-commerce currently makes up about 94% of all e-commerce transactions.
Some of the advantages of B2B are:
i) Improved customer satisfaction
ii) Improved inventory system
iii) Easy and cost effective marketing
iv) Coordination between manufacturers, distributors and dealers.
v) Better management of business
ii)B2C -Business to Consumer
This is where the consumer accesses the system of the supplier. It is still a two-way function but is usually done solely through the Internet.
In B2C e-commerce companies sell goods to consumers online in a dynamic environment. Each transaction under B2C represents an individual buying online.
Some examples:- Conducting individual stock trades, a co. offering lots of books for sale on its web site.
0 comments:
Post a Comment