Internet - Challenges of B2B and B2C E-commerce Essay

E-commerce is the process of buying and selling of various products and services by businesses through the Internet. Primarily there are five types of ecommerce systems: Business to Consumer (B2C)

Electronic Commerce in short known as E-commerce. E-commerce is the business or commercial transaction which transforms information in internet. E-commerce which is buying or selling any products or services in Online using internet. It is Electronic mediator between the customer and the organization. The main aim of E-commerce is to provide secure transactions for the customer

Better known as electronic learning, e-learning is defined as a “wide set of applications and processes, such as web-based learning, computer-based learning, virtual classrooms, and digital collaboration. It includes delivery of content via internet, intranet/extranet, LAN/WAN (local area network/ wide area network) audio/videotape, satellite broadcast, interactive TV, and CD-ROM” (Paul, 2014). E-learning is a developing method to administer education that was adopted, first by institutions of higher education before being used to educate adults in corporations. Today, e-learning is viewed as a cost-effective method to train employees in the corporate world. In the corporate world, administering e-learning content to employees means companies do not have to fund travel costs to employees to travel to training conferences, employees can schedule training around their own schedule, and if desired complete training at home. That is to say, a company can capitalize on an employee’s time on the clock by giving them more flexibility to complete training while at work or on their own time at home.

A computers have become more mainstream, more and more operations are conducted online. From online bill pay to simple searches, as one would do with the yellow pages, to online shopping, the Internet has helped shape the way computers are used today. With the Dotcom boom of the mid-nineties and early 2000s, ecommerce and e-business really started to take off. The Internet has given way to some of the biggest economic booms in history. The invention of smartphones and tablets has allowed for consumers to have instant access to the Internet, right at one's fingertips. While e-business is becoming more mainstream, and has its advantages, e-business also has its disadvantages.

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.

Lawrence & Tar (2010) also states that without an efficient system in place, logistic infrastructures among others, the main purpose of e-Commerce would be defeated. To adopt e-Commerce, developing countries will require a drastic upgrade from the prevailing archaic logistic and transportation infrastructures to efficient structures that can support timely and efficient delivery of goods and services.

E-commerce is characterized as trade that is executed electronically, as over the web. The vast majority consider E-commerce as purchasing things on the web. In all actuality, it is significantly more than that. It incorporate buys from such places as Amazon or Borders for you books, to a variety of donning merchandise stores for your open-air exercises. It additionally incorporates administrations, for example, managing an account. There is business-to-consumer (B2C) exchanges that a large portion of us utilize today. Another structure is consumer-to-consumer (C2C), which incorporated the well-known closeout locales. There is additionally business-to-business (B2B) trade done on the web. They are all types of E-commerce.

The rapid growth of e-commerce on the Internet has created a challenge for traditional bricks and mortar businesses. Businesses must now change their focus about their own business models, target market, products, and services, and ultimately their own benefits. This paper will compare and contrast the business models of a business to business (B2B), a business to customer (B2C), and a customer to customer (C2C). The Internet

Electronic commerce that is conducted between businesses and consumers, on the other hand, is referred to as business-to-consumer or B2C. This is the type of electronic commerce conducted by companies such as Amazon.com.

E-commerce is short for electronic commerce where the participants (companies) trade their products and services using computer networks. The buyers and sellers can use platforms like mobile commerce, electronic funds transfer, supply chain management, online transaction processing, data collection, internet marketing, electronic data interchange and inventory management systems. Currently, most of these transactions have taken advantage of the World Wide Web, which is largely accessed through emails and other platforms. E-commerce entails online shopping web sites, active participation in online market places, business to business trading activities, data collection through web contacts and other social media, electronic data interchange between businesses and retails for launching newly innovated and created products and services.

Definition of e-commerce “The term of Electronic commerce has been used for describing a variety of market transaction, enabled by information technology and conducted over the electronic network”. (Bhaskar, 2009)

What exactly is e-commerce? Most casual internet users think that e-commerce is just buying and selling online. Yet this is not the case. Simply put, e-commerce is the electronic exchange of business information between two or more organizations. There are e-commerce conducted between businesses and those that carried out between a business and its

E-commerce (Electronic Commerce or EC) is the purchasing and offering of merchandise and administrations, or the transmitting of trusts or information, over an electronic system, principally the Internet. These business exchanges happen either business-to-business, business-to-customer, buyer to-purchaser or shopper to-business. The terms e-trade and e-business are frequently utilized reciprocally. The term e-tail is additionally in some cases utilized as a part of reference to value-based procedures around online retail.

Manzoor and Amir defined E-commerce as the buying and selling of goods and services via electronic means such as the internet. The e-commerce is generally efficient due to its availability throughout where the buyers meet the sellers online. Some services rendered to customers via e-commerce service include: automated data collection systems, mobile commerce, supply chain management, electronic data interchange, online transaction processing, electronic funds transfer, internet marketing. This service is more dependent on the Worldwide Web for its transactions apart from the technologies like the social media, mobile devices telephones and e-mails. E-commerce generally called electronic commerce is an aspect of e-business which encompasses the exchange of data to enhance payment and financing transactions related to business activities. (378)

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.