Introduces The E-Commerce And B2C

In B2C i.e. Business to Customer, business offers and supply products or services to the

This has given birth to E commerce which encompasses several pre purchase and post purchase activities leading to exchange of products or service or information over electronic systems such as the internet and the other Telecommunication networks.

B2C stands for Business to Consumer as the name suggests, the basic concept of this model is to sell the product online to the consumers. B2C is the indirect trade between the company and consumers. It provides direct selling through online interaction.. Business to

e-commerce is all about using the Internet to do business better and faster. Most businesses

B2B is one of the major forms of e-commerce. Here the seller and the buyer participate as the business entities.

E-commerce is a product that has been available since the early 90’s. It is something that people are familiar with. A product that is now part and parcel of people’s lives.

E-business uses the digital technology to optimize the business activities of organization in order to increase the efficiency and effectiveness of operation and gain competitive advantages. E-business provides the solution that allows the organization to instantly share database, information of products and services, financial figures and data and nearly anything else that the organization may need to operate the business activities effectively and efficiently (Nguyen, 2013). E-commerce which is the abbreviation of electronic commerce is the subset of e-business. It focuses on the online transaction which includes selling of products or service by using computer network, primarily the Internet.

Today in modern world E commerce is present every were around us we can see it in mobile commerce, online transaction processing, supply chain management, electronic funds transfer, electronic data interchange, inventory management system and automated data collection systems.

The traditional method of doing business has always been face to face trading. It is a medium for both customers and businesses to negotiate and purchase and sell goods and services. However, with the progression of the technology age, businesses and customers alike are finding convenience and benefits through the use of e-commerce. Electronic commerce (e-commerce) involves online transactions and the trading of goods and services through the Internet, without time and geographical barriers (Network Solutions, 2014). This could include retail sites, large online music stores such as iTunes or business to business (B2B) transactions between companies. This is a new emerging technology and has brought many advantages (Network Solutions, 2014).

After a successful IPO, the electronic commercial (E-Commerce) colossus Alibaba boasts a world-class market capital of $231.4 billion according to the FORTUNE magazine [1]. With the huge success of Alibaba’s IPO, E-Commerce is considered as one of the most important and promising business in world. Then what is e-commerce? It is commonly exchanging goods or services via Internet. Today you can get all retail brands via their online presence and even private goods. Moreover, e-Commerce also includes business-to-business (B2B) transactions between manufacturers and suppliers or distributors or other business parties.

A B2B e-marketplace is an Internet based platform that enables corporations of any size to exchange goods, services, and information in an efficient way than was previously not possible.

Electronic commerce, and more broadly electronic business, has seen amazing growth in the past 15 years. With the introduction of Web browsers that incorporated user friendly graphic interfaces, E-commerce saw the beginning of its amazing growth. While talking about e-commerce and e-business, it is important to understand that there is a difference between the two. E-commerce is the process of exchanging goods and services over an electronic means, most popularly done over the Internet. E-business is the total activities a business engages in over the Internet, this includes e-commerce. Simply e-commerce is a small part of the makeup of e-business.

"B2B also covers e-commerce of goods, services or information between different companies. Therefore, the Business to Business Marketing a very large part of e-business. Commodity exchanges or wholesale deals can be referred to on the Internet as B2B platforms. In addition to trade in goods and their logistics, warehousing and distribution are also part of this business. Overall, these business relations can be held between manufacturers, suppliers, logistics and distribution companies. Companies that are knowledgeable about this marketing, get a cost advantage as for example the cost of purchase can be saved. Even staff and warehousing can be reduced through the electronic communication channels. Many of these

Business to business (b2b) e-commerce is the largest and most known E-commerce form. It has about $4.1 trillion transactions in United States in 2012(Laudon & Traver, e-Commerce 2013). Business to business defines the sales made to other business, rather than to consumer. For example, Jetabout Holidays through Thomas cook and American express, etc.

Electronic commerce, commonly known as e-commerce, is a type of industry where buying and selling of product or service is conducted over electronic systems such as the Internet and other computer networks. Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. 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 social media, and telephones as well.