Transactions of ecommerce
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This document defines and compares different business-to-business and business-to-consumer e-commerce models. It discusses B2C, where businesses sell directly to consumers online. It also covers C2B, where consumers provide products and services for businesses to consume. Other models covered include B2B, B2E, B2G, and G2B. The benefits and challenges of each model are summarized. Examples of companies using different models are also provided.
Transactions of ecommerce
- 3. DEFINATION: “A Business that sells online merchandise to individual customers is categorized B2C.” MEANING: Business to customer (B2C) is an Internet and electronic commerce(e-commerce) model that denotes a financial transition or online sale between a business and customer. B2C involves a service or product exchange from a business to a customer, where by merchants sell products to customers.
- 6. Greater search ability. Saving time. 24/7 available, any time any where Net banking facility So many alternatives of one product and discounts.
- 7. Delay in receiving physical products plus shopping. It is not popular as widely, lack of internet in some areas. Competing products may price down. Customers may feel insecure about online banking and shopping. Customers wants specific choices, will not accept substitutes.
- 9. MEANING: C2B is a business model where the end consumers create products and service which is consumed by the business and organization. It is diametrically opposite to the popular concept of B2C. It can be described as a form of e-com where transaction originated by customers has a set of requirements specification and idea are sells to the business A customer decide the range of price
- 10. Consumers decides price range Its helpful in the development of products Consumers get its desirable products Consumers gets monetary reward
- 11. Consumer aren’t aware about this Delay in making desirable products for consumers
- 12. MONSTER.COM TIMESJOB.COM SHINE.COM
- 14. The B2B ecommerce business model has become one of the most successful online business strategies that have led to huge revenue for internet business In simple terms the B2B is a form of electronic commerce that deal with the transaction of goods This business modal is based on careful planning in order to have efficient and profitable transaction in consideration with complex
- 15. Market Predictability Better Sales Lower Costs Data Centric Process Business get products at reasonable price
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- 17. Manufacturer to Manufacture Manufacture to Wholesaler Wholesaler to Retailer Retailer to Retailer
- 19. MEANING OF B2E :- Business to Employee (B2E) is an e-business model in which an organization delivers services, information, or products to its employees. It enables management to reach out to employees electronically as they streamline time and labor intensive organizational processes. three components of B2E :- 1. online business processes 2. online people management 3. online service to the workplace.
- 20. The wide adoption of the B2E e-business by organization is due to the benefits achieved from its application. Up to date information and able to make better responses. Searching other activities Team project management Easily teleconference Reduce cost
- 22. Online insurance policy management Corporate announcement dissemination Online supply requests Special employee offers Employee benefits reporting
- 24. B2G is a business Model that refers to businesses selling products ,service or information to governments or government agencies B2G network provide a way for businesses to bid on government projects or products that government might purchase or need for their organizations This can encompass public sector organizations that propose the bids B2G activities are increasingly being conducted via the internet through real time bidding.
- 25. The formation of government companies is very easy because it is formed like other joint stock companies Most of the government companies run on sound business lines as they have their surpluses to run their projects It provides a healthy competition to private sectors Government company enjoys financial autonomy because they are to depend on the government for initial investment
- 26. Government companies are autonomy in theory but in practice it is not autonomy because political people interfere in the day to day operation of the companies As most of the government companies take the assistance of civil servants Most of the government companies experience slackness in management under the grip of public services.
- 27. Service tax Business provides some products that require government In recently, many business provides funds for relief of Kerala flood