E-commerce...
Commerce means buying and selling of goods and services between buyer and seller, Trading of goods and services is commerce.E-means electronic when goods and services are buying and selling with the use of electronic internet is called E-commerce.The work which before we perform manually that's work now perform with the help of internet .
"Buying and selling of goods and services electronically is called E -Commerce."Through E-commerce we can buy and sell products any time from any country.Now there is no time bound or country bound in E-commerce,we can purchase goods from any part of the world 🌎.It is paperless exchange E-payment use in E-commerce.Consumer find their products of choice in internet . Through E-commerce we make choice between different products and immediately place order of purchase and order is received within few days.So E -Commerce makes trading easy & immediately.😊.
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Types of E-Commerce business...
1) Business 2 Business (B2B) Commerce- When two business entities doing purchase and sale of goods and services through internet is called B2B commerce.In B2B commerce businessman sale goods and services to next businessman,who purchase goods from first businessman not for sale to consumer but added a value and again sale it to another businessman .For example-Plain suit materials are sale to another businessman to make embroidery work the business between these two is called B2B commerce.Another example when Manufacturers sale goods to wholesalers and retailers is called B2B commerce because they not sell their goods to final consumers,like Trade India ,India Mart ,Just dial etc are examples of B2B commerce.
2) Business 2 Consumer (B2C)-When goods and services are directly sell to consumer is called Business 2 Consumer.When producer or retailers directly sale goods to Consumers is called B2C E-commerce.For Example-Zomato,Myntra, flipkart etc ,these sale goods to Consumers directly.
3) Consumer 2Consumer(C2C)-In this type of commerce buying and selling tractions are perform between consumers .One consumer sale or purchase goods and services from another consumer.For Example In OLX App consumers can sell their old products like mobile, Refrigerator,Tv etc and the consumer who want to purchase they contact each other in OLX .that is called C2C E-commerce.
4) Government 2Consumer (G2C)-In this model Government provides goods and services to customers.Goverment provide facilities through information of Government departments in their website ,we can see the information by going to their website and we come to know the various welfare programmes of Government towards his citizens of India like if consumer want to make driving licence,adhar card,PAN card marriage certificate,death certificate etc consumer had to fill application form in requisit website .
5) Consumer 2Government- When consumer pay electricity bill,taxes etc to the government through the government websites they use Consumer 2Government E-commerce.
6) Consumer 2Business-When consumer sell his goods or give services to the business is Consumer 2business E-commerce.In this type. consumer sell his hand made goods to businesses for further sale or give some services like data entry , article writing etc Freelancing,Fiverr are website through which consumer gives services to businesses.
7) Business 2 Government-When commerce is in between the business and government is B2G E-commerce.In this type businessmen Fill TDS for , apply for license ,file reports to the government.
Advantages of E-commerce business..
1) Buying and selling transactions perform fastly.
2) We can find products of our choice easily in internet.
3) We can purchase goods at any time.
4) We can purchase goods from any part of the world 🌎.There is no geographical restrictions in E-commerce.
5) Operation cost is very low, because for E -Commerce business we not need to set premises for buying and selling,so operation cost is very low.
Disadvantages of E-commerce business...
1) We cannot examine products personally.
2)Depend upon internet ,if there is network problem so business cannot be run.
3) Everybody cannot understand the E-Commerce business.
4) Risk of possibility of leakage of credit card number or details.
5)Many companies cannot give product return back facility.
6) Mechanical failure can cause not run E-commerce business properly.
E-COMMERCE comprises of buying and selling of goods and services are...👇
1) Online buying and selling.
2) Online hotel booking.
3) Online cinema ticket booking.
4) Online banking.
5) Social Networking.
E -Business..
When the whole processes of business perform over the electronic network that is known as E-business. E-commerce is perform only buying and selling of goods and services but E- Buisness not only includes E-commerce but also various business activities . E-business is broader than E-commerce.E-Business scope is wider than E-commerce.In E-business every activity start with internet and also ends with the internet.
How E-business works...
For doing business over internet ,it is necessary that computers are interconnected with network .
In E-business manufacturers give information about their products to various wholesalers and retailers,distributors with the internet, they give advertisement of their products in internet through their website . Retailers and wholesalers give order to the manufacturer through their website and then payment also paid through the E-payment.Retailors also give advertisement of their products in internet consumer give order for the product through internet and gives payment through E-payment.In E -Business business men applies for loan to the bank through the banks website and give necessary details over the computer .
Types of E-business...
1) Pure Play- Those companies who perform their business only online mode is called pure play E-business.
2) Brick and Click- Those companies who perform their business online and offline mode is called Brick and click E-business.
Advantages of E-Business...
a) E-business works on 24/7 ..
b) Not much labour is required.
c)Save time and money due online execution of functions.
d)Cost and time decreases.
e)Quick and easier communication.
f) Purchase goods from any part of the world 🌎.
g)Goods advertise easily .
