The Types of eCommerce
Are you looking for reliable ecommerce website development services in Malaysia? Make sure to look for experienced professionals who can help you improve your brand’s presence online. Electronic commerce, or ecommerce, is the selling and buying of services and goods, or transmitting of data and funds over the internet.
- B2B (Business-to-business)
B2B pertains to the electronic exchange of services, products or information between companies, rather than between consumers and businesses. An example of this is a supply exchange website that allow brands to look for services and products, and initiate transactions through different e-procurement interfaces.
- B2C (Business-to-consumer)
B2C is the retail aspect of ecommerce. It takes place when companies sell their services, products and information directly to their customers.
- C2C (Consumer-to-consumer)
C2C is a kind of ecommerce wherein consumers trade services, products and information with one another online. All of these transactions are implemented through a third party providing a digital platform on which all the transactions are executed. Online classified advertisements and online auctions are good examples of this.
- C2B (Consumer-to-business)
C2B is another type of ecommerce in which people make their services and products available online for different businesses to bid on, and buy. This is the complete opposite of B2C, the traditional ecommerce model.
- B2A (Business-to-administration)
This pertains to the transactions which are conducted online between the government bodies and public administration, and companies. Several government branches are dependent on products and eservices in one way or another, especially when it comes to registers, fiscals, social security and employment. It’s possible for businesses to supply all of these electronically.