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E Commerce Definition

E-commerce involves the buying and selling of goods and services over the internet and includes business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer (C2C), and business-to-administration (B2A) models. B2B e-commerce makes up 80% of business and allows businesses to purchase inventory, manage orders, and process payments electronically. B2C e-commerce allows companies to reach more customers, provide better service, increase sales, and reduce costs. C2C e-commerce facilitates transactions between individuals through online classified ads, auctions, and forums.

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Shashank Prasar
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241 views

E Commerce Definition

E-commerce involves the buying and selling of goods and services over the internet and includes business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer (C2C), and business-to-administration (B2A) models. B2B e-commerce makes up 80% of business and allows businesses to purchase inventory, manage orders, and process payments electronically. B2C e-commerce allows companies to reach more customers, provide better service, increase sales, and reduce costs. C2C e-commerce facilitates transactions between individuals through online classified ads, auctions, and forums.

Uploaded by

Shashank Prasar
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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E-Commerce

What is an E-Commerce ?
E-Commerce is the purchasing, selling, and exchanging of goods and services over computer networks (such as the Internet)
Uses of E-Commerce are Electronic funds transfer (money transfer) Internet marketing(Advertisement) Online transaction processing(ATM) Electronic data interchange (Electronic and business data)

Types Of E-Commerce
There exist 4 categories of ecommerce application: B2B(Business to Business) B2C(Business to Consumer) C2C(Customer to Customer) B2A(Business to Administration)

B2B
This is the type of e-commerce that deals with relationships between and among businesses. In this form, the buyers and sellers are both business entities and do not involve an individual consumer. 80% of business have B2B types of E-Commerce

Application of B2B
Payment Management (Electronic payment systems or EPS) Inventory management ( managing order-ship)

B2C
B2C Relationship between companies and general public to distribution of products services over the internet. B2C success depends upon reaching more customer , providing better services and increases sales while spending less amount.

Application
purchasing products and information personal investments use of online banking Save precious time 24/7 servces. etc

C2C
C2C means any transactions between and amongst consumers or it facilitates the online transaction of goods or services between two people. It is use as offering free classifieds, auctions, and forums where individuals can buy and sell. the third party generally charges a flat fee or commission. The sites are only medium, just there to match consumers. They do not have to check quality of the products being offered

C2C cont.
Sastashopping.com ,amazon.com and MSN.com act as a communications medium for C2C deliberations. There is no commercial benefit to the website, they do provide the facilities for Consumer-toConsumer exchange.

Thanks

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