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What is E-Commerce?

 'Electronic commerce', commonly known as 'e-commerce'
  or 'e-comm', is the buying and selling of product or service
  over electronic systems such as the Internet and other
  computer networks.
 Modern electronic commerce typically uses the World Wide
  Web at least at one point in the transaction's life-cycle,
  although it may encompass a wider range of technologies
  such as e-mail, mobile devices and telephones as well.
 Electronic commerce is generally considered to be the sales
  aspect of e-business. It also consists of the exchange of data
  to facilitate the financing and payment aspects of business
  transactions.
 Originally, electronic commerce was identified as the facilitation
 of commercial transactions electronically, using technology
 such as Electronic Data Interchange (EDI) and Electronic
 Funds Transfer (EFT).These were both introduced in the late
 1970s, allowing businesses to send commercial documents like
 purchase orders or invoices electronically. The growth and
 acceptance of credit cards, automated teller machines(ATM)
 and telephone banking in the 1980s were also forms of
 electronic commerce.
 Business to Business(B2B)
   Buyer and seller are Business Organization.

 Business to Consumer(B2C)
   Website and Portals to offer information about Product.
   Retail Sales, Customer Support.
 Consumer to Business(C2B)
   Customer initiates action after logging to seller’s website.

 Consumer to Consumer(C2C)
   Online Auctions
• Business-to-business (B2B) describes commerce
 transactions between businesses, such as between
 a manufacturer and a wholesaler, or between a whole
 saler and a retailer.
• Business to Business (B2B) Branding is a term used
 in marketing.
• B2C is an abbreviated term for business to consumer
 marketing.
• Business to consumer marketing is when a business
 markets products to a consumer market.
• A consumer is a buyer of products that are not business
 related.
• Consumer-to-business (C2B) is a business model in
 which consumers (individuals) create value, and firms
 consume this value.
• For example, when a consumer writes reviews, or when
 a consumers gives a useful idea for new product
 development, then this individual is creating value to the
 firm, if the firm adopts the input.
• Consumer-to-Business is when consumers present
 themselves as a buyer group.
• Examples of this include CTB and SpeakOut.com.
• These sites provide consumers with market strategies
 and businesses also use them to gain insight into
 consumer wants.
 Overcome Geographical Limitations

 Gain New Customers With Search Engine Visibility

 Lower Costs

 Locate the Product Quicker

 Eliminate Travel Time and Cost

 Provide Comparison Shopping
 Enable Deals, Bargains, Coupons, and Group Buying

 Provide Abundant Information

 Create Targeted Communication

 Remain Open All the Time

 Create Markets for Niche Products
E-Commerce Development Company| E-Commerce Solution| Online E-Commerce Solutions in UK

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E-Commerce Development Company| E-Commerce Solution| Online E-Commerce Solutions in UK

  • 1.
  • 2. What is E-Commerce?  'Electronic commerce', commonly known as 'e-commerce' or 'e-comm', is the buying and selling of product or service over electronic systems such as the Internet and other computer networks.
  • 3.  Modern electronic commerce typically uses the World Wide Web at least at one point in the transaction's life-cycle, although it may encompass a wider range of technologies such as e-mail, mobile devices and telephones as well.  Electronic commerce is generally considered to be the sales aspect of e-business. It also consists of the exchange of data to facilitate the financing and payment aspects of business transactions.
  • 4.  Originally, electronic commerce was identified as the facilitation of commercial transactions electronically, using technology such as Electronic Data Interchange (EDI) and Electronic Funds Transfer (EFT).These were both introduced in the late 1970s, allowing businesses to send commercial documents like purchase orders or invoices electronically. The growth and acceptance of credit cards, automated teller machines(ATM) and telephone banking in the 1980s were also forms of electronic commerce.
  • 5.  Business to Business(B2B) Buyer and seller are Business Organization.  Business to Consumer(B2C) Website and Portals to offer information about Product. Retail Sales, Customer Support.  Consumer to Business(C2B) Customer initiates action after logging to seller’s website.  Consumer to Consumer(C2C) Online Auctions
  • 6. • Business-to-business (B2B) describes commerce transactions between businesses, such as between a manufacturer and a wholesaler, or between a whole saler and a retailer. • Business to Business (B2B) Branding is a term used in marketing.
  • 7. • B2C is an abbreviated term for business to consumer marketing. • Business to consumer marketing is when a business markets products to a consumer market. • A consumer is a buyer of products that are not business related.
  • 8. • Consumer-to-business (C2B) is a business model in which consumers (individuals) create value, and firms consume this value. • For example, when a consumer writes reviews, or when a consumers gives a useful idea for new product development, then this individual is creating value to the firm, if the firm adopts the input.
  • 9. • Consumer-to-Business is when consumers present themselves as a buyer group. • Examples of this include CTB and SpeakOut.com. • These sites provide consumers with market strategies and businesses also use them to gain insight into consumer wants.
  • 10.  Overcome Geographical Limitations  Gain New Customers With Search Engine Visibility  Lower Costs  Locate the Product Quicker  Eliminate Travel Time and Cost  Provide Comparison Shopping
  • 11.  Enable Deals, Bargains, Coupons, and Group Buying  Provide Abundant Information  Create Targeted Communication  Remain Open All the Time  Create Markets for Niche Products