What are the types of E-Commerce?
Types of E-Commerce:
- Business to Customer (B2C): The business relationship between business organization and final customer. E-Commerce website plays intermediary role between business organization and final consumer. amazon performs B2C.
- Business to Business (B2B): This type of e-commerce is conducted between companies. Individual consumer cannot buy from this type of e-commerce. For example, manufacturing companies sells goods to wholesalers. Alibaba performs B2B.
- Consumer to Consumer (C2C): This type of e-commerce is conducted between consumers. For example, second hand or used products can also be brought online using site like hamrobazaar. These platforms acts as a third-party where consumers can directly interact with each other and can perform transaction between them.