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Types Of e-Commerce

Types/Categories/Modes of e-commerce. There are three main types of e-commerce as follows: 1) Business To Consumer (B2C) B2C ecommerce consists of selling goods and services to individual consumers. In this type, consumers or customers can visit the website and purchase goods online. The website will have a StoreFront. This storefront will show product details, pictures and a shopping cart. Shopping cart is used to collect items to purchase. Advantages of B2C e-commerce B2C e-commerce has the following advantages: * Shopping can be faster and more convenient. * Offerings and prices can change instantaneously. * Broadband telecommunications will enhance the buying experience. 2) Business To Business (B2B) B2B e-commerce takes place between two businesses. One business provides services to other business. Examples of B2B include: Online Advertisement, recruiting, sales, marketing, technical support and training. For eample, some companies provide online purchasing

Difference Between Electronic Market and IOS

IOS E-Market 1 IOS may use private or publicly accessible network. E-Market may use publicly accessible network. 2 Customer supplier relationship is determined in advance. It is expected that it is ongoing relationship for multiple transaction. Two types of relationship (i) Customer to seller linkage is established at time of transaction for one time only.  (ii) Customer seller linkage is established for a fixed time period. 3 Agreements on nature and format of business document. Sellers market maker determine which transaction they will provide. 4 Advance arrangements are made so that both parties know which communication network will be used for system Customer and seller independently determine which communication network they will use. 5 Joint guidelines are formulated so that each party will know how system is used. No joint guideline are for

Classification of e-Commerce Applications

Electronic Market: is a place where online shoppers and buyers meet. E-market handles business transaction including bank-to-bank money transfer also.  In e-market, the business center is not a physical building.  But it is a network-based location where business activities occur.  In e-market, the participants like buyers, sellers and transaction handler are not only one different locations but even they do not know each other. Inter Organizational Information System (IOS): An IOS is a unified system with several business partners.  A typical IOS will include a company and its supplier and customers.  Through IOS buyers and sellers arrange routine business transactions.  Information is exchanged over communication network using specific formats.  So, There is no need for telephone calls, papers, documents or correspondence TYPES OF IOS 1)     EDI(Electronic Data Interchange):  It provide secure B2B connection over value added network(Van’s) 2)      Extranet: which provid