E-commerce is known as buying or selling products over electronic devices or online services. Modern E-Commerce typically used in World Wide Website for at least one part of the transaction’s life cycle although it may also use other technologies such as e-mail.

However, E- Commerce can also entail other types of activities, such as online auctions, payment gateways, online ticketing, and internet banking, etc.

E-Commerce business may also employ some:

Let’s see what are they:

1. B2B (Business-to-Business)
2. B2C (Business-to-Consumer)
3. C2B (Consumer-to-Business)
4. C2C (Consumer-to-Consumer)
5. B2A(Business-to-Administration)
6. C2A(Consumer-to-Administration)

These are the type following in the e-commerce business.

Now, we see briefly about the types of E-Commerce Business

B2B (Business-to-Business):

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. B2B is often contrasted with business-to-consumer (B2C).

B2C (Business-to-Consumer):

Business- to- consumer (B2C) is the type of commerce transaction in which businesses sell products or services directly to consumers. Traditionally, this could refer to individuals shopping for clothes for themselves at the mall, diners eating in a restaurant, or subscribers deciding to get pay-per-view TV at home. 

C2B (Consumer-to-Business):

Consumer-to-business (C2B) is a business model in which consumers (individuals) create value and businesses consume that value. For example, when a consumer prints reviews or when a consumer gives a useful idea for new product development then that consumer is generating value for the business if the business approves the input. 

C2C (Consumer-to-Consumer):

Consumer -to –consumer (C2C) markets provide an innovative way to allow customers to interact with each other. Traditional markets require business to customer bonds, in which a customer goes to the business to purchase a product or service.

B2A (Business-to-Administration):

Business-to-government or Business-to-administration (B2A) is a derivative of business-to-business marketing and often referred to as a market definition of “public sector marketing”.

C2A (Consumer-to-Administration):

Consumer -to -administration or Consumer-to-consumer (C2A) E – commerce business model incorporates electronic transactions online between the individuals and the public administration. It provides an easy way to build communication between the consumers and the government.

Benefits of E-Commerce:

1. Convenience & User-Friendly

2. Offer Product Datasheets

3. Easy way to attract target audience with search engine visibility

4. Provide Comparison Shopping

5. Lower Costs

6. Enable Deals, Bargains, Coupons, and Group Buying

7. Inhabits open all time

8. Create market for Niche Products

9.  It boost Brand Awareness

10. Selling your Products across world.

These are the information I would like to share with you all about E-commerce and it’s types and benefits of doing e-commerce business.

I hope this blog is beneficial to gain your knowledge in e-commerce business.

Thank you everyone. Let’s come up with another topic and share with you all.