different types of e commerce
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Different types of e-commerceBusiness-to-business (B2B)Consumer (B2C)Business-to-government (B2G)Consumer-to-consumer (C2C)Mobile commerce (m-commerce)
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B2B and B2C Electronic Commerce
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What is B2B e-commerce?B2B e-commerce is simply defined as
ecommerce between companies. About 80% of e-commerce is of this type.
Examples:Intel selling microprocessor to DellHeinz selling ketchup to Mc Donalds
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What is B2C ecommerce?Business-to-consumer e-commerce, or
commerce between companies and consumers, involves customers gathering information; purchasing physical goods or receiving products over an electronic network.
Example:Dell selling me a laptop
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What is B2G ecommerce?Business-to-government e-commerce or
B2G is generally defined as commerce between companies and the public sector. It refers to the use of the Internet for public procurement, licensing procedures, and other government-related operations
Example:Business pay taxes, file reports, or sell goods
and services to Govt. agencies.
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What is C2C ecommerce?Consumer-to-consumer e-commerce or
C2C is simply commerce between private individuals or consumers.
Example:Mary buying an iPod from Tom on eBay Me selling a car to my neighbour
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What is m-commerce?M-commerce (mobile commerce) is the
buying and selling of goods and services through wireless technology-i.e., handheld devices such as cellular telephonesMobile TicketingInformation ServicesMobile Banking
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E-Commerce 1E-commerce in the period of 1995 –
2000 is known as e-commerce1E-commerce 1 refers to that period in
which , first widespread use of the web was their to advertize a product
Period in which companies started to invest in various e-commerce sectors
Ended in 2000 when stock market for dot companies has begin to collapse
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Key Features of E-Commerce 1Technology Driven DisintermediationFriction free commerce (in which information is
equally distributed i.e. unfair competitive advantages are eliminated)
First movers advantages (firms who moved quickly into this to capture market share)
Network effect(value of a network grows by the square of the number of participants)
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E-Commerce 2E-commerce2 refers to the second period in the
evolution of e-commerce from 2001 - 2006Period in which concept of one world , one market,
one price has weakenedCompanies introduced new ways to differentiate
their product and servicesEg price on books and cd`s vary by 20% and 50%
respectively
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Key Features of E-Commerce 2 Business Driven Emphasis on earnings and profits Stronger regulation and governance Large firms entering into the market Imperfect market