Electronic commerce or e-commerce is all buying and selling activities carried out through electronic media. Although the ingredients include television and telephone, now e-commerce is more common over the internet. Because of this understanding, there are misconceptions about e-commerce and the marketplace. The term e-commerce is used to describe all transactions that use electronic media. The marketplace itself is an eCommerce model, where it functions as an intermediary between sellers and buyers. Sellers who trade on the marketplace only need to serve purchases. All other activities such as website management are taken care of by the platform. Learn more on kibo code reviews.
Has the question about what is e-commerce been answered? If so, let’s move on to the next discussion, namely the types of e-commerce.
You might think that online trading only takes place between a seller and a buyer. However, e-commerce is actually divided into six groups, namely:
Business to business (B2B) – The type in which a company sells products or services to other companies. In this eCommerce model, buyers usually order goods in large quantities. An example is a company that purchases office supplies from a manufacturer.
Business to consumer (B2C) – This type is when a company sells something to a consumer. In general, customers in B2C e-commerce only retail. If you have ever bought from an online store, this activity is included in this category.
Consumer to consumer (C2C) – Have you ever sold used goods to other people who need them via the internet? This activity is included in this type of e-commerce. In other words, C2C is an online transaction between two individuals.
Consumer to business (C2B) – In contrast to B2C, eCommerce C2B is a scenario where someone sells a product or service to a company. A graphic designer, for example, offers and sells his logo to a food business.
Business to public administration (B2A) – This eCommerce model is similar to B2B, but the perpetrators are businesses and government agencies. An example of B2A is a website creation service for an online administration system.
Consumer to public administration (C2A) – This type of eCommerce runs like C2B. However, transactions are carried out by individuals and government agencies. The types of transactions that occur are usually in the form of services.