Types of e-commerce transactions.pptx

E-business or Online business means business transactions that take place online with the help of the internet. The term e-business came into existence in the year 1996. E-business is an abbreviation for electronic business. So the buyer and the seller don't meet personally.In today’s world, we are exposed to various forms of e-Business. Since its emergence, it has grown by leaps and bounds. Some predict that it may very soon overtake brick and mortar stores completely. While that remains to be seen, we cannot ignore the immense role it plays in the current global economy.

1. Types E-Commerce transactions BY, Mrs.Bhuvaneswari,ASST PROF, Dept of commerce, SRM INSTITUTE OF SCIENCE & TECHNOLOGY, RAMAPURAM CAMPUS

2. E-commerce transactions The term commerce refers to the trading of goods and/or services. E-commerce is a modern-day invention that facilitates the trading of goods and/or services through electronic means, or more precisely, the internet. This article is an account of the various types of e-commerce businesses, each of which caters to different business models. The following are the different types of e-commerce transactions: Business-to-Business (B2B) Business-to-Consumer (B2C) Consumer-to-Consumer (C2C) Consumer-to-Business (C2B) Business-to-Administration (B2A) Consumer-to-Administration (C2A)

3. Business -to-business (b2b) Business-to-business (B2B), also called B-to-B, is a form of transaction between businesses, such as one involving a manufacturer and wholesaler, or a wholesaler and a retailer. Business-to-business refers to business that is conducted between companies, rather than between a company and individual consumer

4. Customer-to-business(c2b) Consumer-to-business (C2B) is a e commerce transaction in which consumers(individuals) create value and businesses consume that value. Another form of C2B is the electronic commerce business model in which consumers can offer products and services to companies and the companies pay the consumers. In this, a consumer approaches a website showing multiple business organizations for a particular service. The consumer places an estimate of the amount he/she wants to spend for a particular service.

5. Business-to-government (b2g) Business-to-government (B2G) e-commerce is concerned with the need for businesses to sell goods or services to governments or government agencies. Such activities include supplying the army, police force, hospitals and schools with products and services. Furthermore, businesses will often compete in an online environment for contracts to provide services to the public on behalf of the government. Such services may include the collection of taxes and the supply of public services. The exchange of information, services and products between business organizations and government agencies online.

6. Customer-to-government(c2g ) Customer administration or customer to government-commerce model enables the customers to post feedback or request information regarding public sectors directly to the government administration or authorities

7. Government-to-citizen(g2c) This model is also a part of e-governance. The objective of this model is to provide good and effective services to each citizen. The Government provides the following facilities to the citizens through the website.

8. Government-to-business(g2b) Government-to-business (G2B) is a business model that refers to the government providing services or information to business organizations. The government uses the B2G model website to approach business organizations. Such websites support auctions, tenders and application submission functionalities.

9. Peer-to-peer(p2p) A peer-to-peer (P2P) economy is a decentralized model whereby two individuals interact to buy or sell goods and services directly with each other, without an intermediary third-party, or the use of a company of business. The buyer and the seller transact directly with each other.