Wednesday, January 13, 2010

What is e-commerce ?

Hi All


I would like to share few things I have explored and found interesting for many Information hungry people about E-commerce.

This article describes certain basic features of e-commerce which is today booming over internet.E-commerce is nothing but Electronic commerce, commonly known as (electronic marketing) or eCommerce, consists of the buying and selling of Goods or Services over electronic means like Internet.


Yes correctly understood internet enhanced business strategies and now people can book train flight hotel etc over internet this all comes under e-commerce.


There are several types of e-commerce majorly following


B2B or Business to Business


This type of e-commerce mainly involves transactions between companies and their vendors, such as between a manufacturer and a wholesaler or between a wholesaler and a retailer


For e.g In the Supply Change Management flow the companies choose to interact or outsource their logistics part


B2C or Business To Consumer

This type of e-commerce mainly involves transactions between companies and consumers or end user of the chain.


For e.g Railway reservation,flight booking

C2C or Consumer to Consumer


This type of e-commerce mainly involves transactions between consumers through internet site.


For e.g many times we post aid for selling our household item/mobile without involving any dealer or agent and interacting with buyer directly


C2B or Consumer to Business


This type of e-commerce mainly involves transactions between consumers and companies.
For e.g I offer certain goods and services and any company show their interest buy or pay me for the same.

I know these are the basics but to begin with need to understand these basics.


There are newer version also coming into use like m-commerce or Mobile commerce etc.


I hope atleast know you guys have a basic idea after looking through the examples the power of e-commerce in todays environment.


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