Types of Ecommerce Like B2C B2B C2C P2P M-COMMERCE

Types of E-commerce

• Classified by market relationship

¨  Business-to-Consumer (B2C)

¨  Business-to-Business (B2B)

¨  Consumer-to-Consumer (C2C)

• Classified by technology used

¨  Peer-to-Peer (P2P)

¨  Mobile commerce (M-commerce)

TYPES OF ECOMMERCE

B2C E-commerce

>> Involves online businesses attempting to reach individual consumers

>> In 2014, total B2C revenues were about $524 billion

>> Many types of business models within this category including online retailers, content providers, portals, transaction brokers, service providers, market creators and community providers

 

 

 B2B E-commerce

>> Involves businesses focusing on selling to other businesses

>> Largest form of e-commerce ($5.9 trillion in 2014)

>> Two primary business models within B2B:

> Net marketplaces (includes e-distributors, e-procurement companies, exchanges and industry consortia)

> Private industrial networks (includes single firm networks and industry-wide networks)

C2C E-commerce

>>Provides a way for consumers to sell to each other, with the help of an online market maker

>> eBay most well-known example

>> Estimated that size of C2C commerce will reach $160 billion by 2014

P2P E-commerce 

>> Uses peer-to-peer technology, which enables Internet users to share files and computer 

>> resources without having to go through a central Web server

>> Napster most well-known example until put out of business for copyright infringement

>> Today, BitTorrnet is the leading P2P software network.

M-commerce 

>> Use of wireless digital devices such as cell phones and handheld devices to enable transactions on the Web

>>Most widely used in Japan and Europe (especially Finland)

>> Expected to grow rapidly in U.S. over the next five years.