Professional Documents
Culture Documents
Satish Kumar M
Contents
Introductions
Electronic Business
Electronic Commerce
Electronic Commerce Models
Business – to – Business (B2B) model
Business – to – Consumer (B2C) model
Consumer – to- Consumer (C2C) model
Consumer – to – Business (C2B) model
Electronic Business
Electronic business, commonly referre to
"eBusiness" or "e-business", or an internet
d business,
as
may be defined as the application of information and
communication technologies in support of all the
activities of business.
The term "e-business" was coined by IBM's marketing and
Internet teams in 1996
Electronic business methods enable companies to link
their internal and external data processing systems more
efficiently and flexibly, to work more closely with
suppliers and partners, and to better satisfy the needs and
expectations of their customers.
Electronic Commerce
Background:
The major buzzword in business today is E-commerce.
Till recently the internet was primarily used as a means of
accessing and broadcast information, as business became
more complex and global, a need was felt for a bigger
faster and convenient access to consumers spread across
the world. That is how and when, the tech-gurus
leveraging the power and reach of the Internet brought
forth the concept of E-commerce. It is the use of
electronic information technologies to conduct business
transaction among buyers, sellers and other trading
partners.
Electronic Commerce
Electronic commerce, commonly known as e-
commerce .
E- combines business and electronic
commerce
infrastructures, allowing traditional business transaction
to be conducted electronically. It the online
buying and selling of goods and enables
services the
communication capabilities
via of and
private networks including the internet. public
computer
E-Business & E-Commerce
In practice, e-business is more than just e-commerce.
While e-business refers to more strategic focus with an
emphasis on the functions that occur using electronic
capabilities, e-commerce is a subset of an overall e-
business strategy.
E-Commerce Models
Creating an e-commerce solution mainly involves creating
and deploying an e-commerce site.
The first step in the development of an e-
commerce site is to identify the e-commerce
model.
Depending on the parties involved in the transaction,
e- commerce can be classified into 4 models.
These are:
• Business – to – Business (B2B) model
• Business – to – Consumer (B2C) model
• Consumer – to- Consumer (C2C) model
• Consumer – to – Business (C2B) model
Business-to-Business (B2B) Model
This model describes commerce transactions between
businesses, such as between a manufacturer and a
wholesaler, or between a wholesaler and a retailer.
Example: Dell deals computers and other associated
accessories online but it does not manufacture all those
products. So, in govern to deal those products, first step is to
purchases them from unlike businesses i.e. the producers of
those products
Business-to-Consumer (B2C) Model
The B2C model involves transactions between business
organizations and consumers. It applies to business
organization
any that sells its products or services to consumers
over the Internet. These sites display product information in
an online catalog and store it in a database. The B2C model
also includes services online banking, travel services, and
health information.
Example: www.flipkart.com, www.myntra.com, etc….
Consumer-to-Consumer (C2C) Model
The C2C model involves transaction between consumers.
Here, a consumer sells directly to another consumer.
eBay.com, olx.com, etc… are common examples of online
auction web sites that provide a consumer to advertise and
sell their products online to another consumer.
While the seller needs to pay a fixed fee to the online
auction house to sell their products, the buyer can bid
without paying any fee. The site brings the buyer and seller
together to conduct deals.
Consumer-to-Business (C2B) Model
The C2B model involves a transaction that is conducted
between a consumer and a business organization. It is
similar to the B2C model, however, the difference is that in
this case the consumer is the seller and the business
organization is the buyer. In this kind of a transaction, the
consumers decide the price of a particular product rather
than the supplier. This category includes individuals who
sell products and services to organizations
Example: www.monster.com, www.nakuri.com, etc….
Other models
In addition to the models discussed so far, five new
models are being on that involves transactions
worked the government and other entities, such as
between
consumer, business organizations, and other
governments Allthese transactions that involve
. as one entity are called e-governance. The
government
various models in the e-governance scenario are:
Government-to-Government (G2G) model: This model
involves transactions between 2 governments.
Example: if the Indian government wants to by oil from the
Arabian government, the transaction involved are
categorized in the G2G model.
Any