Example of different types of E-commerce

Hasibul khan

Business Explanation


An organization or business that carries on a commercial, industrial or professional activity is called a "business". The purpose of a business is to carry out some kind of economic activity of producing goods or services. When it comes to defining the business, the only factor that matters is that the establishment wants to make money from what it engages in.


Businesses can be legal entities that operate for profit or non-profit organizations that support a social cause or have a humanitarian purpose. From small one-man businesses to large international corporations, businesses come in all shapes and sizes.


etc. Businesses can be small or large. Some of the largest companies in the world are apple & Amazon and tesla.

(myPOS, 2022)


     Types of Businesses

  • Business to Business (B2B), where companies sell their products and services to other companies.
  • Consumer to Consumer (C2C), where a customer sells products and services to other customers.
  • Business to Government (B2G), where companies sell products to the government, such as the sale of defense equipment.  Government to Business (G2B), where government agencies sell required information to businesses.
  • Government to Consumer (G2C), where the government sells documents requested by individual customers when requested. (Team, 2022)


(B2B)

What Is Business-to-Business (B2B)?

The business-to-business model involves the exchange of products and services between companies. To furnish the raw materials required to manufacture a product, for instance, one company might enter into a contract with another business. While some businesses employ firms to market their goods and services, safeguard their operations, create their logo, or create website content, others may need to buy products from other businesses to stock their shelves. (Ridofranz, 2022)



(Chen, J. (2022)

KEY TAKEAWAYS
  • Business-to-business (B2B) is a transaction or business conducted between one business and another, such as a wholesaler and retailer.
  • B2B transactions tend to happen in the supply chain, where one company will purchase raw materials from another to be used in the manufacturing process.
  • B2B transactions are also commonplace for auto industry companies, as well as property management, housekeeping, and industrial cleanup companies.
  • Meanwhile, business-to-consumer transactions (B2C) are those made between a company and individual consumers. (Chen, J. (2022)
                    
                                                                       Video Time


(Professor Wolters, 2020)

Amazon 
1# 

(Amazon.com2023)

Amazon is a B2B business type and B2C


Wish
2#

(wish.com 2023)

Wish is a B2B type and B2C



(C2C)


   What is customer-to-customer (C2C)?

     Customer-to-customer (C2C) is a business model whereby customers can trade with each other, typically in an online environment. Two implementations of C2C markets are auctions and classified ads. C2C marketing has grown in popularity with the arrival of the internet and companies like eBay, Etsy, and Craigslist & Amazon. (Tarver, 2022)


KEY TAKEAWAYS

Customer-to-customer (C2C) is a business model that enables customers to trade with each other, frequently in an online environment.

C2C businesses are a type of business model that emerged with e-commerce technology and the sharing economy.

Online C2C company sites include Craigslist, Etsy, and eBay, which sell products or services through a classified or auction system.

Some C2C companies have problems, such as a lack of quality control and payment guarantees.

C2C can be contrasted with B2C and B2B business models.

(Tarver, 2022)


(Market Business News 2021)

A flea market is an open-air market where people sell second-hand items, antiques, etc. In the UK, people call it 'car boot sales. ((Market Business News 2021)


Video Time

(Tech·WHYS, 2019)


(B2G)

What Is Business to Government (B2G)?

Business to government (B2G) è la vendita e la commercializzazione di beni e servizi ad agenzie federali, statali o locali. Nel gergo moderno, ci sono tre modelli di business di base: business to consumer (B2C), business to business (B2B) e business to government (B2G). (Kenton, 2022)



KEY POINTS
  • B2G, or business to government, is the provision of goods and services to government agencies at the federal, state and local levels.
  • Most contracts are awarded in response to a request for proposal (RFP) from an agency.
  • Companies bid on contracts by submitting responses to RFPs.
    (Kenton, 2022)

Video time 

(JMGordonful, 2021)




(B2C)


 What Is Business-to-Consumer (B2C)?

The term business-to-consumer (B2C) refers to the process of selling products and services directly between a business and consumers who are the end users of its products or services. Most businesses that sell directly to consumers can be referred to as B2C businesses.  (Kenton, W. (2023) 

(Singhania, 2020)


THIS IS A COFFEE STORE WHERE EVERYDAY COFFEE IS SOLD TO CUSTOMERS WHEN THIS IS ONE CALLED B2C

KEY TAKEAWAYS

  • Business-to-consumer marketing describes the practice of companies offering goods and services directly to customers without the use of a middleman.
  • B2C usually refers to online merchants who use the internet to sell goods and services to customers.
  • Traditional merchants, who made money by raising the price, were threatened by online B2C.
  • However, businesses like Amazon, eBay, and Booking have prospered and eventually disrupted entire industries.
    • (Kenton, W. (2023) 


Kenton, W. (2023)



(G2C)

What is Government to Citizen (G2C)?

The purpose of G2C is to empower federal agencies to evaluate decentralized workplace locations for their organizations. By relocating federal employees to communities where they can interact with constituencies directly, this initiative aims to attract and retain great public servants while better serving the American people. 

Government to citizens (G2C) (2018) 



Government to citizens (G2C) (2018) 


(ukvcas. co.UK 2023)


What is UKVCAS and what does it mean if you are applying for Home Office?

UKVCAS stands for "UK Visa and Citizenship Application Services". It is the system for processing immigration applications made within the UK for an additional permit to remain, including all extension applications and any visa switches, as well as applications for both settlements and for citizenship. (Morris, 2021)



Here is a PDF, that explains well what is (G2C)

https://www.gsa.gov/cdnstatic/G2C%20Playbook.pdf

Government to citizens - GSA (2018).




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Reference:

myPOS (2022) What is a business?: Definition and characteristics, Accept payments in-person and online instantly. myPOS. Available at: https://www.mypos.com/en/what-is-business (Accessed: January 22, 2023).

Team, W. (2022) Business to consumer, WallStreetMojo. Available at: https://www.wallstreetmojo.com/business-to-consumer/ (Accessed: January 22, 2023).

B2B

Ridofranz (2022) Business to business: What is B2B?, Business News Daily. Available at: https://www.businessnewsdaily.com/5000-what-is-b2b.html (Accessed: January 22, 2023).

Chen, J. (2022) Business-to-business (B2B): What it is and how it's used, Investopedia. Investopedia. Available at: https://www.investopedia.com/terms/b/btob.asp (Accessed: January 16, 2023).

Chen, J. (2022) Business-to-business (B2B): What it is and how it's used, Investopedia. Investopedia. Available at: https://www.investopedia.com/terms/b/btob.asp (Accessed: January 16, 2023).

What is B2B Marketing? Business to Business Marketing Explained (2020) YouTube. YouTube. Available at: https://www.youtube.com/watch?v=ftCYzgZOnkc (Accessed: January 22, 2023). 

Amazon.com. spend less. smile more. (no date). Available at: https://www.amazon.com/ (Accessed: January 23, 2023).

Shopping made fun (2023) Wish. Available at: https://www.wish.com/ (Accessed: January 24, 2023).

C2C:

Tarver, E. (2022) What is c2c? how does the customer-to-customer model work?, Investopedia. Investopedia. Available at: https://www.investopedia.com/terms/c/ctoc.asp (Accessed: January 22, 2023).

What is a flea market? definition and examples (2021) Market Business News. Available at: https://marketbusinessnews.com/financial-glossary/flea-market/ (Accessed: January 24, 2023).

Tech·WHYS (2019) What is c2c e commerce with example?, YouTube. YouTube. Available at: https://www.youtube.com/watch?v=qsf1UgrcwsA (Accessed: January 22, 2023).

B2C:

Kenton, W. (2023) B2C: How business-to-consumer sales works, 5 types and examples, Investopedia. Investopedia. Available at: https://www.investopedia.com/terms/b/btoc.asp (Accessed: January 16, 2023).

Singhania, S. (2020) E-commerce vs M-Commerce: Which is better?, WebCreatify. Available at: https://webcreatify.com/blog/?E-commerce-Vs-M-commerce%3A-Which-is-better%3F&id=112 (Accessed: January 22, 2023).

Kenton, W. (2023) B2C: How business-to-consumer sales works, 5 types and examples, Investopedia. Investopedia. Available at: https://www.investopedia.com/terms/b/btoc.asp (Accessed: January 16, 2023).

Kenton, W. (2023) B2C: How business-to-consumer sales works, 5 types and examples, Investopedia. Investopedia. Available at: https://www.investopedia.com/terms/b/btoc.asp (Accessed: January 16, 2023).

B2G:

Kenton, W. (2022) Business to Government (B2G) definition, Investopedia. Investopedia. Available at: https://www.investopedia.com/terms/b/business-to-government.asp (Accessed: January 22, 2023).

Kenton, W. (2022) Business to Government (B2G) definition, Investopedia. Investopedia. Available at: https://www.investopedia.com/terms/b/business-to-government.asp (Accessed: January 22, 2023).

JMGordonful (2021) B2G or business to government (marketing), YouTube. YouTube. Available at: https://www.youtube.com/watch?v=gMUHxkMfqMs (Accessed: January 22, 2023).

G2C:

Government to citizens (G2C) (2018) GSA. Available at: https://www.gsa.gov/real-estate/real-estate-services/for-federal-customers/government-to-citizens-g2c (Accessed: January 17, 2023).

Government to citizens (G2C) (2018) GSA. Available at: https://www.gsa.gov/real-estate/real-estate-services/for-federal-customers/government-to-citizens-g2c (Accessed: January 17, 2023).

(2023) UK visa and Citizenship Application Services. Available at: https://www.ukvcas.co.uk/home-internal (Accessed: January 24, 2023).

Morris, A. (2021) UKVCAS (what applicants need to know!), DavidsonMorris. Available at: https://www.davidsonmorris.com/ukvcas/ (Accessed: January 24, 2023).

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