What is e commerce

What is e-commerce 

Contents

1. What is e commerce
2. Types of e commerce
   B2b,B2c,C2b,C2c,B2a,C2a
3. Advantages of e commerce

4. Disadvantages of e commerce

 what is E-Commerce

 E-commerce is made up of two words, e and commerce.  The full name of E – commerce is electronic commerce.  e means electronic network ie internet and commerce means buying and selling goods / goods or services.  In this way, e-commerce means buying and selling goods and services through the Internet.

 Today there are very big companies of e-commerce in the market.  Such as: OLX, amazon, flipkart, ebay, paytm etc.  Which provide the facility of doing business through internet.

 We mostly use e-payments to sell and buy goods and services such as: - credit card, debit card, internet banking, e-wallet etc.

 Types of E-Commerce
 The following are 6 types of e-commerce: -

 B2B to business
 B2C (business to consumer)
 C2B (consumer to business)
 C2C (consumer to consumer)
 B2A (business to administration)
 C2A (consumer to administration)

 B2B to business

 In this type of e-commerce both seller and buyer are business organizations.  That is, a business organization sells its product to another business organization.

 For example, a manufacturer sells its goods to the wholesaler and the wholesaler sells the goods to the retailer.  Here the manufacturer, wholesaler and retailer all have their own business.



.  It has three businesses: - Manufacturer, wholesaler and retailer.  The manufacturer has its own website from where the wholesaler buys goods from the manufacturer.

 When the wholesaler orders the goods through the website, the manufacturer gets to know the order through the website and he sends the goods to the wholesaler.  After getting the goods, the wholesaler can sell this goods to the retailer. This type of business is called B2B model.

 B2C (business to consumer)

 In this type of e-commerce, the organization or company sells its product online directly to the consumer, it is the most used e-commerce.



 In this, the customer can see the product in the online website and can order it.  After the company receives the order information, the company sends the product directly to the customer.

 For example: amazon, flipkart, myntra etc.  We use them in daily life nowadays.

 C2B (consumer to business)

 Consumer to business E-commerce is an e-commerce in which the consumer is the person who provides the product or service to the business organization.  This is the opposite of the B2C model.



 In C2B, the customer sells his product or service to the company.  For example, if you are a graphic designer, you can design and sell your graphics to companies.

 You can sell your graphics through fiverr and freelancer websites.  If the company likes your graphic, then they can buy the graphic directly from you.

 C2C (consumer to consumer)

 In this type of e-commerce, both seller and buyer are consumers.  That is, a consumer sells his product to another consumer through a website.

 That is, if you have any product like: - car, laptop, bike or other electronic goods etc. then you can sell this goods online to other consumers through website.
 For example: OLX, Quicker etc. are examples of this.



 Here consumer1 and consumer2 are in the above picture.  In this, consumer1 wants to sell his goods.  He publishes details of his product in the OLX website.  And consumer2 sees the details of that product in the website, if he wants to buy that product, then he can contact consumer1 directly.  And thus the product will be sold.

 B2A (business to administration)

 Business to administration E-commerce is also called business to governement (B2G) e-commerce.



 In B2A, business organization and government agency exchange information through website.

 C2A (consumer to administration)

 C2A (consumer to administration) e-commerce is also called consumer to government e-commerce.



 In this, exchange of information between the consumer and the government agency takes place through the website.

 advantage of E-commerce

 Through e-commerce, we can trade our business model to national and international markets.


 We can use e-commerce 24 * 7 hours.

 In e-commerce, all the work is done between the organization and the consumer, there is no need for a 3rd party, which directly benefits the organization.

 Disadvantages of e commerce

 E-commerce requires high speed internet, sometimes due to low speed e-commerce website does not reduce.

 For e-commerce it is necessary to have knowledge of computer mobile and internet.


 Security has to be taken care of.  Because when we make online payment, security needs to be done, otherwise the account can be hacked or our information can be hacked.

 When no website of e-commerce comes in the market, trusting that website is a bit difficult.

 components and examples of e-commerce

 Online - Shopping: - Online shopping is a big example of e-commerce market.  Because there is a lot of craze for online shopping in the e-commerce market.  In online shopping, we can easily buy everything from small to big things of home office, for this, there are many companies of online shopping such as: - myntra, flipkart etc.

 Electronic Payments: - When we buy any item or goods online, we pay for it through internet.  Which we call electronic payments.  We make these payments by credit and debit card or by other means.  There are different ways to pay electronically.  1.  Pre-Paid 2.  pay - now 3.  Pay - later

 Net Banking: - Net banking is also called Internet banking, online banking.  Net banking is a service offered by each bank, through which we can access our bank account with the help of internet sitting in the home office and easily access or complete the service money transfer etc. for passbook, ATM etc.  Can do

 Online - Ticket: - Through the internet, we can buy tickets for a movie show or any big program, cricket match etc. online.