TYPES OF ECOMMERCE
E-COMMERCE
TYPES OF E-COMMERCE
The aim of this report is to search for an example of a website that falls under each of the four main types of e-commerce found in unit 1 of the BIU syllabus based module and to describe the website and to explain why it falls under that type of e-commerce.
To begin with, electronic commerce is the systematic process of buying and selling of goods and services using an electronic mode primarily the internet. There are different commerce transactions that happen in our daily life, and those commerce transactions have been categorized in different types. As per unit 1 of the BIU syllabus based module, there are four main types of e-commerce (Mbotwa 2014). These are Business-to-Business e-Commerce, Business-to-Consumer e-Commerce, Consumer-to-Business e-Commerce and Consumer-to-Consumer e-commerce.
Firstly, Business-to-Business e-Commerce. This refers to electronic commerce transactions between two businesses where both the buyer and seller are business owners. This could be between a manufacture and a wholesaler or a wholesaler and a retailer (Mbotwa 2014). It can be treated in other way like, wholesalers supplying goods to retailers or a distributor in one country can ask for goods in bulk from the exporter in other company through the internet. In this form both the buyer and seller are business entities. An example of B2B website is Hp.com. On Hp.com website, a wholesaler e.g IT Centre (http://www.it-centre.biz/) will place an order for IT products from a company’s website and then IT Centre will receive a consignment from Hp.com In this case two business entities Hp.com and IT Centre (http://www.it-centre.biz/) have made a business transaction online using internet by Hp.com selling IT products to IT Centre in return IT Centre buying those products. In this case a B2B type of ecommerce has been concluded. B2B e-commerce plays a role in developing and transforming relationships between businesses. In B2B
TYPES OF E-COMMERCE
The aim of this report is to search for an example of a website that falls under each of the four main types of e-commerce found in unit 1 of the BIU syllabus based module and to describe the website and to explain why it falls under that type of e-commerce.
To begin with, electronic commerce is the systematic process of buying and selling of goods and services using an electronic mode primarily the internet. There are different commerce transactions that happen in our daily life, and those commerce transactions have been categorized in different types. As per unit 1 of the BIU syllabus based module, there are four main types of e-commerce (Mbotwa 2014). These are Business-to-Business e-Commerce, Business-to-Consumer e-Commerce, Consumer-to-Business e-Commerce and Consumer-to-Consumer e-commerce.
Firstly, Business-to-Business e-Commerce. This refers to electronic commerce transactions between two businesses where both the buyer and seller are business owners. This could be between a manufacture and a wholesaler or a wholesaler and a retailer (Mbotwa 2014). It can be treated in other way like, wholesalers supplying goods to retailers or a distributor in one country can ask for goods in bulk from the exporter in other company through the internet. In this form both the buyer and seller are business entities. An example of B2B website is Hp.com. On Hp.com website, a wholesaler e.g IT Centre (http://www.it-centre.biz/) will place an order for IT products from a company’s website and then IT Centre will receive a consignment from Hp.com In this case two business entities Hp.com and IT Centre (http://www.it-centre.biz/) have made a business transaction online using internet by Hp.com selling IT products to IT Centre in return IT Centre buying those products. In this case a B2B type of ecommerce has been concluded. B2B e-commerce plays a role in developing and transforming relationships between businesses. In B2B