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Startup IT company in Jabalpur
Types of E-Commerce Models
Electronic commerce is often classified into four main categories. the idea for this easy classification is that the parties that are involved within the transactions. therefore the four basic electronic commerce models are as follows,
1. Business to Business
This is Business to Business transactions. Here the businesses do business with one another . the ultimate consumer isn't involved. therefore the online transactions only involve the manufacturers, wholesalers, retailers, etc.
2. Business to Consumer
Business to Consumer. Here the corporate will sell their goods and/or services on to the buyer. the buyer can browse their websites and appearance at products, pictures, read reviews. Then they place their order and therefore the company ships the products on to them. Popular examples are Amazon, Flipkart, Jabong, etc.
3. Consumer to Consumer
Consumer to consumer, where the consumers are in direct contact with one another. No company is involved. It helps people sell their personal goods and assets on to an interested party. Usually, goods traded are cars, bikes, electronics, etc. OLX, Quikr, etc follow this model.
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