E-commerce electronic commerce is the activity of electronically buying or selling of products on online services or over the internet. E-commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange inventory management systems and automated data collection systems. E-commerce is in turn driven by the technological advances of the semiconductor industry and is the largest sector of the electronics industry.
How Many Types Of E-commerce
There are six types of E-commerce that I discuss below in details.
1: Business to Business
2: Business to Consumer
3: Consumer to Consumer
4: Consumer to Business
5: Business to Administration
6: Consumer to Administration
Types Of E-commerce
1: Business To Business
Business to Business e-commerce encompasses all electronic transactions of goods or services conducted between companies. Producers and traditional commerce wholesalers typically operate with this type of electronic commerce.
2: Business To Consumer
The Business to Consumer type of e-commerce is distinguished by the establishment of electronic business relationships between businesses and final consumers. It corresponds to the retail section of e-commerce where traditional retail trade normally operates.
3: Consumer To Consumer
Consumer to Consumer type e-commerce encompasses all electronic transactions of goods or services conducted between consumers. Generally these transactions are conducted through a third party which provides the online platform where the transactions are actually carried out.
4: Consumer To Business
In Consumer to Business there is a complete reversal of the traditional sense of exchanging goods. This type of e-commerce is very common in crowdsourcing based projects. A large number of individuals make their services or products available for purchase for companies seeking precisely these types of services or products.
5: Business To Administration
This part of e-commerce encompasses all transactions conducted online between companies and public administration. This is an area that involves a large amount and a variety of services particularly in areas such as fiscal, social security, employment, legal documents and registers etc. These types of services have increased considerably in recent years with investments made in e-government.
6: Consumer To Administration
The Consumer to Administration model encompasses all electronic transactions conducted between individuals and public administration.
Examples of applications include:
Education – disseminating information distance learning etc.
Social Security – through the distribution of information, making payments etc.
Taxes – filing tax returns, payments etc.
Health – appointments information about illnesses, payment of health services etc.
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