What Is E Commerce And Types Of E Commerce
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What Is E Commerce And Types Of E Commerce

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Types of e commerce models.

What is e commerce and types of e commerce. The b2b acronym means business to business and is the one in which the commercial transaction is only carried out between companies that operate on the internet that is to say that consumers do not intervene. B2b e commerce refers to all electronic transactions of goods and sales that are conducted between two companies. However and although this idea is right we can be more specific and actually divide e commerce into six major types all with different characteristics.

Types of electronic commerce. Generally speaking when we think of e commerce we think of an online commercial transaction between a supplier and a client. This is business to business transactions.

So the four basic electronic commerce models are as follows 1. This type of e commerce typically explains the relationship between the producers of a product or and the wholesalers. Businesses or stores that sell their products on an online platform are known as e commerce.

For example amazon walmart and ikea all of these are e commerce companies that sell numerous products online worldwide. Electronic commerce can be classified into four main categories. The basis for this simple classification is the parties that are involved in the transactions.

E commerce electronic commerce is the activity of electronically buying or selling of products on online services or over the internetelectronic commerce draws on technologies such as mobile commerce electronic funds transfer supply chain management internet marketing online transaction processing electronic data interchange edi inventory management systems and automated data. Business to consumer e commerce. E commerce or electronic commerce is a business platform that involves online transactions through the internet.

This is the type of e commerce which encompasses all transactions between businesses and consumers in which the consumer purchases a finished product from the business.

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