E Commerce Report
E-commerce Electronic Commerce or e-commerce is running business by using the internet to conduct commercial transaction that involves the transfer of information between corporations. Also, it is the part of E-business that deals with a trading in products and services between organization and individual. It is currently one of the most important aspects of the Internet to emerge.
Types of E-commerce
E-commerce can be divided into five main categories; 1. B2B or Business-to-Business e-commerce
It is e-commerce between companies. This is the type of e-commerce that deals with relationships between and among businesses and doing business together such as wholesalers selling to retailers, manufacturers selling to distributors. 2. B2C or Business-to-Consumer e-commerce
It is commerce between companies and consumers that is selling directly to end customers. For example, selling book, video and so on. 3. B2G or Business-to-Government e-commerce
It is commerce between companies and the public sector or government. It refers to the use of the Internet for public procurement, licensing procedures, and other government-related operations. 4. C2C or Consumer-to-Consumer e-commerce
It is simply commerce between private individuals or consumers. There are many types of trade such as auctions and forums where individuals can buy and sell. For instance, selling the seconded hand products or trading together. 5. M-commerce or mobile commerce
It is the buying and selling of goods and services through wireless technology-i.e., handheld devices such as cellular telephones and personal digital assistants (PDAs).
Advantages of the e-commerce
1. Overcome Geographical Limitations
If you have a physical store, you are limited by the geographical area that you can service. With an e-commerce website, the whole world is your playground. 2. Gain New Customers With Search Engine Visibility
Physical retail is driven by branding and relationships. In addition to these two
Types of E-commerce
E-commerce can be divided into five main categories; 1. B2B or Business-to-Business e-commerce
It is e-commerce between companies. This is the type of e-commerce that deals with relationships between and among businesses and doing business together such as wholesalers selling to retailers, manufacturers selling to distributors. 2. B2C or Business-to-Consumer e-commerce
It is commerce between companies and consumers that is selling directly to end customers. For example, selling book, video and so on. 3. B2G or Business-to-Government e-commerce
It is commerce between companies and the public sector or government. It refers to the use of the Internet for public procurement, licensing procedures, and other government-related operations. 4. C2C or Consumer-to-Consumer e-commerce
It is simply commerce between private individuals or consumers. There are many types of trade such as auctions and forums where individuals can buy and sell. For instance, selling the seconded hand products or trading together. 5. M-commerce or mobile commerce
It is the buying and selling of goods and services through wireless technology-i.e., handheld devices such as cellular telephones and personal digital assistants (PDAs).
Advantages of the e-commerce
1. Overcome Geographical Limitations
If you have a physical store, you are limited by the geographical area that you can service. With an e-commerce website, the whole world is your playground. 2. Gain New Customers With Search Engine Visibility
Physical retail is driven by branding and relationships. In addition to these two
References: http://smallbusiness.foxbusiness.com/technology-web/2014/01/21/12-smart-e-commerce-strategies-to-help-grow-your-business/ http://ecommerceforbeginners.com/articles/small-business/173-how-will-ecommerce-benefit-your-online-business-venture- http://www.entrepreneur.com/article/225961 http://www.crucial.com.au/blog/2014/10/06/building-a-successful-ecommerce-website-5-factors-of-conversion/ http://www.bigc.co.th/ http://www.ecommerce-magazine.com/issue/167/November_2012_SP_BigC/print