Types of E-commerce

TYPES OF E-COMMERCE 

There are four types of E-commerce & they are B2C, B2B, C2B, C2C. Its a platform where the buyer and seller directly meet with each other. Every type of Buyer and Seller are available in the E-commerce market. E-commerce is also very popular with the name of E-Business which refers to Electronics Business. E-business made easy to handle marketing and now it occupies a very crucial place in our day-to-day life. Its a place where everything is available under one roof. The buyer and seller can interact with each other or you can sell or buys any product from anywhere in the world which is possible because of E-commerce presence in market. E-commerce is a revolution in the world of marketing. It reduces the marketing stress.  In olden period the salesperson is appointed for selling or introducing a new product in the market by visiting door-to-door of each customer but now the time has changed. Nowadays you can sell your product by sitting in one place (E-commerce gives a larger platform to everyone either it is a customer or retailer). You may say that it is a boon for the people working in the marketing stream. 

B2C (Business-to-Customer):

The Business-to-Customer, or B2C is a type of E-Business. It help producer to sell  their product directly to the retail customer with the help of E-commerce through online. Amazon.com is one of the best and supportive example of a B2C model. B2C is a process where the company directly sell the product to their customer without the intervention of the third party (whole-seller0. It help to build a good relationship between the customer and manufacturer. The Customer can give direct feedback to the manufacturer so that they can improve the quality and standard of the product and it also reduces the cost of the product because the charges of the third party are excluded from the chain  of business. B2C is also popular as electronic retail or e-retail.

B2B (Business-to-Business):

The Business-to-Business, or B2B, this business involves companies accessing the internet to conduct transactions with one other. B2B e-business accounts using more than 90% of all electronic commerce, as per the U.S. Census Bureau. The Main reason for this is the complexity of business to business transactions. Unlike B2C transactions that involve sellers offering products and service and the buyer purchase them, B2B dealings are multifaceted and often includes multiple transactions at each and every step of the supply chain. B2B businesses generate revenue from direct sales.

                                                  

C2B (Consumer-to-Business):

The Consumer-to-Business, or C2B, is a unique concept of e-business model in which consumers builds value and demand for products in the market. Reverse soldout is a common feature of C2B models, in which customers run-out transactions and offer their own prices for products in the market. The airline ticket available on website Priceline.com is an example of a C2B e-business model. The website involves customers to bid for tickets and offer their own prices. Shopping sites such as cheap.com, gilt.com and ruelala.com also are C2B.

C2C (Consumer-to-Consumer):

The customer-to-Customer, or C2C, is also a type of e-business models enable consumers to act as buyers and sellers in third-party-facilitated online market-places. Craigslist is an example of a third-party marketplace. The company brings together unlike buyers and sellers to conduct their business. Other examples of C2C websites include eBay and PayPal. A C2C model generates revenues in different ways, involving personal and fees, membership or subscription fees and transaction fees.

Commerce Can be called anatomy of the entire financial entities. It helps in architecting a number of rules and regulations to manage the cash and its utilization. E-commerce is a digital arm of the commerce which integrates a lot of electronic and digital phenomenen to help online finance