When a solid business conducted through electronic media and platform, it is called E-commerce business. Its main organ is E-commerce or Internet marketing. It is not necessary to gather buyers and sellers together and visit the shop for buying and selling products. Buyer and seller together and visit the shop for buying and selling products. Buyer and seller are connected with electronic media.
E-business means consumer and business transactions conducted over a network using computers and telecommunications.
The term E-business and E-commerce are often used by interchangeable. E-business is a broad term of E-commerce. E-commerce refers to the marketing, selling and business over the internet. E-c commerce provides ways to exchange information between individuals, companies and most important of all between computers. E-commerce is the movement of business onto the world wide web, www.
E-business involves:
Strengthing relationship with customer and supplier
Checking out the competition
Developing new products
Dealing with government agencies
Re-designing business process
E-tailing and service online
Level of E-commerce
According to nature, E-commerce is divided into many parts:
- Business to consumer, B2C E-commerce
Business firms direct sell their product to the consumer through the internet.
- Business to business, B2B E-commerce
Business firms user their internet to sell their [products to the business organization. It greatly helps the company.
- Consumer to Consumer, C2C E-commerce
The consumer through the website can exchange with the news, information, and experience about the products and services to be consumed.
- Consumer to Business, C2B E-commerce
The internet even in making a firm’s personnel conscious of hearing the criticisms, complaints, the suggestion of costumer. The customer can communicate with business firms about their opinions through E-mail.
- Business to the government, B2G E-commerce
The government plays a significant role as a customer of products and services produced by a business organization. The business organization sells its products and services directly to local, regional and central level government organs through the internet.