E-commerce refers to the buying and selling of products or services in online. E-Commerce activities divided into 4 categories.
- Business to Consumer (B2C): It is the direct deal between companies and end consumers. This is the direct selling through catalogs utilizing shopping cart software.
- Business to Business (B2B): It describes the transactions between businesses, such as between a manufacturer and a wholesaler, or between a wholesaler and a retailer. The volume of B2B (Business-to-Business) transactions is much higher than the volume of B2C transactions. The primary reason for this is that in a typical supply chain.
- Consumer to Business (C2B): Consumer to business E-commerce is growing at a rapid place where as consumer demand specific products or services from respective businesses.
- Consumer to Consumer (C2C): This type of E-commerce works as Consumer to Business to Consumer (C2B2C). It essentially means that a consumer would contact a business in search for a suitable customer.
Apart from there are various other hybrid forms of E-commerce being practiced in today’s globalized world. Choosing the appropriate model is crucial and vital for your business.
For more details about E-Commerce Consulting, Website design, development and maintenance please feel free to contact Prevaj Consultants at prevaj@prevajconsultants.com or call +91-8144760745.
