E-COMMERCE MODEL

E-commerce business  models can generally be categorized into the following categories.

  1. Business-to-Business(B2B)
  2. Business -to-Consumer(B2C)
  3. Consumer-to-Consumer(C2C)
  4. consumer-to-Business(C2B)
  5. Business-to-Government (B2G)
  6. Government -to-Business(G2B)
  7. Government-to-Citizen(G2C)
  • Business-to-Business(B2B)- A website following the B2B model sells its products to an intermediate buyer who then sells the products to the final customer . As an example, a wholesaler places an  order from a company's website and after receiving the consignment, sells the end product  to the final customer who comes to buy the product at one of its retail outlets.  

  • Business -to-Consumer(B2C)-A website following the B2C business model sells its products directly to a consumer, A  customer can view  the products shown on the website. the customer can choose a product and order the same . The website will then send a notification to the business organization via email and the organization will dispatch the product/goods  to the customer.

  • Consumer-to-consumer(C2C)- A website following the C2C  business model  helps consumers to sell their assets like residential property, cars, etc. ,or  rent a room by publishing their information  on the website. website may or may not change the consumer for its services. Another consumer may opt to buy the product of the first customer by viewing the post/advertisement on the websites. 
  • Consumer-to-Consumer(C2C)-  ln the model, a customer approaches a website showing multiple business organizations for a particular service. The consumer places an estimate of amount he/she wants to spend for a particular service. for example, the comparison  of  interest rates of personal loan/car loan provided by various banks via websites. A business organization who fulfills the consumer's requirement within the specified budget , approaches the  customer and provides its services.    

Comments