Explain the two main types of B2B commerce.

Subject E-Commerce
NU Year Set: 6.(d) Marks: 5 Year: 2017

There are 6 basic types of e-commerce:

·         Business-to-Business (B2B)

·         Business-to-Consumer (B2C)

·         Consumer-to-Consumer (C2C)

·         Consumer-to-Business (C2B).

·         Business-to-Administration (B2A)

·         Consumer-to-Administration (C2A)

 

B2B commerce:

n  Before Internet, B2B transactions called just trade or procurement process

n  Total inter-firm trade: Total flow of value among firms

n  B2B commerce: All types of computer-enabled inter-firm trade

n  B2B e-commerce (Internet-based B2B commerce): That portion of B2B commerce that is enabled by the Internet

 

Business to consumer:

Business to consumer (B2C) refers to the transactions conducted directly between a company and consumers who are the end-users of its products or services. The business to consumer as a business model differs significantly from the business-to-business model, which refers to commerce between two or more businesses.

Login to post your comment.