Different Types of E-commerce
By: Sana Haroon
When you are entering into the world of e-commerce, you should be aware of all the types of e-commerce. E-commerce is divided to several types in order to make to remove all sought confusion. In order study deep about the e-commerce you can also consult Online Industry expert Translation that provide you different services like Arabic Digital Content translation services. Online Certified Translation helps you to translate all digital content in the language you demand for.
The several types of e-commerce in use today are classified based on the nature of the transactions.
Business to consumer:
This type of e-commerce includes costumers gathering information pitches in physical goods. That is tangible, such as books consumer products or information goods or goods of electronic material or the digitized content.
Business to Business (B2B):
This is the type of e-commerce which deals with relationships between and among businesses. About eighty percent of e-commerce is of this type and most experts forecast that b2b e-commerce will carry on rising quicker than b2c segment.
The B2B market has two primary components infrastructure and e-market. Companies using b2b e-commerce relationship observe cost investments by raising the tempo, dipping errors and eliminating manual activities. Many companies use Online Documents Translation like Arabic Digital Content translation services in order to communicate with their overseas business partners.
Wall mart store is an example of B2B commerce. Wall-marts major suppliers proctor and gamble Johnson and Johnson and others sell to wall-mart stores by electronic means. The suppliers can access online inventory status to inventory status in each store and refill needed product in the timely manner.
In a B2B environment purchase order invoices inventory status, shipping logistics and business contacts, which are handled directly by the network. This result in increased speed produces errors and costs savings. B2B e-commerce produces cycle time inventory, prices and enable business allies to carve up appropriate, precise and timely information.
Consumer to Consumer (C2C):
Using C2C e-commerce, consumers sell directly to other consumer by using technologies like internet and web. Individuals sell a large amount of services and products on an internet to auction site. You can also market their products and services in organizational internet and sell them to other employees.
Consumer to business (C2B):
This involves individuals selling to businesses may include the service product that a consumer is willing to sell. Individual offer certain prices for precise products.
Business to Government (B2G):
B2G is generally defined as commerce between industry and the civic sector. It shows the use of internet for public procurement, licensing procedures, and other government related operations.
B2G has two features:
- The public sector assumes pilot leading position in developing e-commerce.
- It is implicit that the public sector has the greatest need for make its procurement system more effective.
Mobile Commerce (M-commerce):
M-commerce is the purchasing and advertising or selling products or services with the help of wireless technology, that is handled devices. As content delivery over wireless devices become faster, more secure and available. Some people believe that m-commerce will surpass wireless e-commerce.