WPITECH
Image default
Ecommerce

7 Types of E-Commerce That Stand out in the Current Market

Nowadays various types of electronic commerce can be done, a business model that has invaded the corporate world with intensity.

Technology is there to make life easier for us in all aspects and in business, it could not be different.

Any person or brand can sell and buy without the need to have a physical business. An Internet connection is enough to accomplish this task.

In this article, you will understand more about the various possibilities offered by e-commerce. Join us!

What types of electronic commerce exist?

1. B2B e-commerce

B2B means Business to Business or, in Spanish, Business to Business. As the name implies, it is the type of business in which commercial operations are carried out between companies with an Internet presence.

Here the audience or the consumer public does not intervene, the operations focus on sellers, suppliers, buyers, and intermediaries.

In this type of trade, sellers are looking for buyers, buyers are looking for suppliers, or intermediaries enter into commercial agreements between sellers and buyers.

As we can see, B2B e-commerce fosters, above all, business relationships between companies.

2. B2C electronic commerce

B2C means Business to Consumer, in Spanish it is Business to Consumer. It is one that is done through virtual sites, in which the public acquires a product or service of the company of interest.

It focuses on the well-known online stores that have the facility of quick access at any time and place for the consumer who is connected to the Internet.

On the other hand, businesses or companies can provide better customer service as they can interact with consumers directly through various platforms and social networks. Not counting that they can constantly update the relevant information.

This kind of trade encourages the appearance of intermediaries, companies that are dedicated to facilitating purchases between customers and various virtual stores in exchange for a commission or fixed payment.

In this article, we talk in-depth about the differences and similarities between B2B e-commerce and B2C.

3. P2P electronic commerce

P2P, Peer to Peer or, in its translation, Peer-to-Peer or Peer-to-Peer Network is the model in which consumers exchange information.

Here the trade is created and managed by users who sell their products directly to other people.

Users definitely need a platform to put an order in the agreements and transactions of the operators. These platforms take a commission for this kind of service.

Great examples of this are found in Zilok and Airbnb.

4. E-commerce C2C

C2C or Consumer to Consumer, in Spanish Consumer to Consumer. It is the type of trade in which people who no longer use any object seek to sell it to other people, of course operating on platforms connected to the Internet.

The street markets or garage sales have been transported to the digital realm. Here the consuming public exercises commercial operations among itself.

Objects that are no longer needed are sold at very affordable prices, thus encouraging the reuse of products, purchases at a lower cost and a much greater reach than one might have in a neighborhood market.

Consider, for example, social media pages made for this purpose or platforms such as Second Hand.

5. E-commerce G2C

The acronym of this kind of trade means Government to Consumer or, from the Government to the Consumer. The digital governments of certain countries have taken advantage of online commerce.

Let’s think about the facilities that governments grant for citizens to carry out their procedures and payments through some digital platform.

This is trade since you pay for a document or service and because you can access the online platform at any time.

With this kind of transactions both citizens and public officials save time and money, have electronic backups and the procedures are much safer.

6. B2G E-commerce

The abbreviation B2G stands for Business to Government which in Spanish is Business to Government.

As the name implies, this type of electronic commerce focuses on the negotiation processes between companies and the government through digital technology or the Internet.

Its action is exercised in digital portals that have to do with the public administration, through these, government organizations contact companies for the acquisition of products or services.

This even serves to ensure that government organizations responsible for administration can save money and time through simple product purchase or order picking processes.

B2G is the type of electronic commerce in which companies specializing in marketing, engineering projects or, in addition, consultants, can be promoted.

7. E-commerce B2E

The acronym for this type of business means Business to Employee, in Spanish, from Business to Employee.

As the name implies, it focuses on the business relationship between a company and its workers.

His approach is to promote offers to his employees from his online store, from striking proposals that serve to create a better job performance.

It is also common that in these online sites in addition to purchases as an incentive, workers make procedures that will arrive much more efficiently to the indicated departments.

Thus, companies reduce costs in internal activities, internal electronic commerce is created, workers are motivated and the website can be used as a means of consultation.

The variety of types of electronic commerce allows anyone to start a business online. It is only necessary to choose one of the types of electronic commerce that exist and gets to work!

Related posts

What Is Electronic Commerce?: Definition, Types and Trends

WPITECH

5 Best Dropshipping Companies for Your Online Store

WPITECH

Dropshipping guide 2020: How to Start Dropshipping?

WPITECH