Ecommerce is the short form of Electronic commerce; it means doing trade in harvest or services using computer networks. E-commerce refers to the purchase and sale of supplies or services via electronic channels, such as the Internet. Online trade is appropriate due to its 24 hour ease of use, global reach and ease of customer service. Electronic commerce has expanded very fast over the past five years and is predict to continue at this rate, or even more. The limitations between “conventional” and ecommerce will become gradually blurred as more and more businesses move sections of their operations onto the Internet. Now it is very easy for customers to shop around and right product, at right price. When you shop online you can evaluate the price of any product with dissimilar ecommerce websites speedily and easily. There are different types of ecommerce businesses such as:
B2B refers ecommerce between businesses rather than between a business and a consumer. One example is manufacturers selling to distributors and wholesalers selling to retailers. B2B businesses often deal with hundreds of businesses, either as clientele or suppliers. Carrying out these dealings electronically provides vast competitive advantages over traditional methods. Ecommerce is often faster, cheaper and more apposite than the traditional methods of exchanging goods and services.
B2C or business to consumer is type of ecommerce which deals in selling product or services directly to consumer. Selling products to customers electronically is also known as E-tailing. Almost any product can be e-tailed. The hard part for retailer and manufactures in a B2C online selling environment is to get shopper traffic to their website souk.
C2B is the most current E-Commerce business model. In this model, person customers offer to sell products and services to company who are willing to acquire them. This dealing model is annulling to the business to consumer. C2B is a result of two major changes. Unlike customary media, which are unidirectional, the Internet is bidirectional, making this type of association possible. In addition, the drop in the cost of knowledge means that consumers now have access to technologies such as powerful mainframe systems, audio and video capture systems and other digital technologies that were once the exclusive province of large companies.
C2C means consumers to customers, this business model allow persons to sell and purchase their goods. In ecommerce UAE we can find lot of examples for the C2C websites such as: Dubizzle and olx etc.