Types of electronic commerce pdf

It can be broadly defined as the process of buying or selling of goods or. E commerce, in full electronic commerce, maintaining relationships and conducting business transactions that include selling information, services, and goods by means of computer telecommunications networks. It deals various kind of business concern, from retail site of the consumer, which includes auction. The b2b electronic commerce can be supplier centric.

E commerce types represent a range of various schemas of transactions which are distinguished according to their participants. Both participants are businesses, which can result in a highvolume, highvalue relationship. Electronic business methods enable companies to link their internal and external data processing systems more efficiently and flexible, to work more closely with suppliers and partners, and to better satisfy the needs and expectations of their customers. All these 6 types of e commerce that are used today are classified based on the nature of the transaction. 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.

Most shoppers start looking for products, descriptions and quality features online before buying a product. Electronic commerce is creating new opportunities to the global economic, for example in global travel and tourism industry. There are six basic types of ecommerce businesstobusiness b2b, businesstoconsumer b2c, consumertoconsumer c2c. E commerce i about the tutorial e commerce or electronics commerce is a methodology of modern business, which addresses the requirements of business organizations. B2c refers to a transaction occurring between a business and a consumer. Simply, we can say that ecommerce or electronic commerce is the process of buying or selling goods, products or services over the electronic medium. Ecommerce electronic commerce is the activity of electronically buying or selling of products on online services or over the internet. E commerce has a number of applications in retail and wholesale. Electronic commerce and developing countries 4 embargoed until tuesday, december 5, 2 p. These types of business are formed with beginner and unprofessional websites and it has been expanded rapidly. E commerce is a popular term for electronic commerce or even internet commerce. Jun 04, 2018 electronic commerce in the world is becoming an increasingly popular form of trade. E commerce is the process of buying and selling of various products and services by businesses through the internet.

There have been many technological advances that have been added to the growth of e commerce businesses, resulting in 6 types of e commerce business models or ebusiness models. Companies like warby parker and casper set the standard for vertical disruption, but up and coming brands like native union and larq are showing us how d2c can continue to be an area for innovation and growth. Generally speaking, ecommerce is an online transaction between a supplier and a client. An introduction to electronic commerce international journal of. For all these methods of electronic payment, there are. B2b e commerce is simply defined as ecommerce between companies. Defining the different types of ecommerce businesses. E commerce its concerned with systems and business processes that support creation of information sources effective and efficient interaction among producers, consumers, intermediaries and sellers movement of information on global networks types of e commerce tangible goods digital goods software, music audio, text. Ohenedjan co3323 2008 undergraduate study in computing and related programmes this is an extract from a subject guide for an undergraduate course offered as part of the. A revolution in the way we do business understand how ecommerce has changed todays business practices discuss the positive impact of ecommerce on global society differentiate between the various ecommerce business models. Sale and exchange of products and service between businesses many businesses engage in both b2b and b2c supply chain creates and distributes products p. It is defined as the conduct of a financial transaction by electronic means. Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, internet marketing, online transaction processing, electronic data interchange edi.

Electronic commerce defined electronic commerce, in a broad sense, is the use of computer networks to improve organizational performance. There have been many technological advances that have been added to the growth of ecommerce businesses, resulting in 6 types of ecommerce business models or ebusiness models. Mar 15, 2018 there are 6 types of e commerce systems. A study on benefits and challenges in an emerging economy time saving customer can buy or sell any product at any time with the help of internet. Pdf electronic commerce is a relatively new concept that crept into the business vocabulary during the 1970s. E commerce, or electric commerce, is the process of buying and selling of various products and services by businesses through the internet. Electronic commerce describes the buying and selling of products, services and information via computer networks including the internet. Methods and types of electronic payment howstuffworks. Comparing e commerce and e business we come to the subsequent conclusion. In this chapter, you will discover what makes electronic commerce different from more traditional forms of commerce, its advantages and disadvantages and how. Electronic commerce has reached new heights in recent years.

Of course, we looked up the term ecommerce and other related terms in the popular encyclopaedia wikipedia. The users can search, choose, sell, buy from a wide range of options through internet. The e commerce notes pdf ecommerce pdf notes book starts with the topics covering electronic commerceframe work, consumer oriented electronic commerce, electronic payment systems, inter organizational commerce, lntra organizational commerce, corporate digital library, consumer search and resource discovery, multimedia key multimedia. And the term e commerce obviously is more widespread. So, we will talk about ecommerce and then the types will be presented. This image shows b2b and b2c electronic commerce, and illustrates the difference between the two types of ec. Electronic commerce, commonly written as ecommerce, is the trading in products or services using computer networks, such as the internet. In businesstobusiness type of electronic commerce system. This part of e commerce encompasses all transactions conducted online between companies and public administration.

Nov 25, 2019 the six primary e commerce types are as follows. Ecommerce business models what is businesstobusiness btob or b2b ecommerce. Students get the documents through email, by downloading them from learning management systems or through a file sharing system. B2b businesstobusiness b2b e commerce can be simply defined as the commerce between companies. Tips and strategies for attracting and keeping online customers are also presented. Businesstobusiness b2b businesstoconsumer b2c consumertoconsumer c2c consumertobusiness c2b businesstoadministration. If we do any type of trading or commerce electronically then it is called ecommerce. Introduction electronic commerce or ecommerce is a term for any type of business, or commercial transaction, which involves the transfer of information across the internet. This is an area that involves a large amount and a variety of services, particularly in areas such as fiscal, social security, employment, legal documents and registers, etc. Learn about the traditional types of ecommerce business models as well as emerging ways to sell that are disrupting the space. The e commerce notes pdf ecommerce pdf notes book starts with the topics covering electronic commerceframe work, consumer oriented electronic commerce, electronic payment systems, inter organizational commerce. E commerce pdf notes ecommerce notes pdf eduhub smartzworld.

Early enthusiasm over the potential profits from e commerce led to massive cash investments. Electronic commerce or ecommerce refers to a wide range of online business activi ties for products and services. However, in this book we will only use the term e commerce, because every business transaction finally is involved in selling or buying of products or services. The outcome of our research as of october 25, 2015, is documented in the subsequent lines. This article is a try to summarize all e commerce types. The best 6 types of successful ecommerce business models in 2020. Methods of electronic payments include credit cards, debit cards and the ach automated clearing house network. Taking a look at different types of ecommerce citeseerx. The best 6 types of successful ecommerce business models. Types of electronic commerce the main types of electronic commerce that exist are described below.

Early enthusiasm over the potential profits from ecommerce led to massive cash investments. This paper contains a brief discussion of search engine marketing or ecommerce, literature survey, current and future prospect, comparative study of ecommerce in. Download a pdf version for easier offline reading and sharing with coworkers. Transforming from traditional business method to electronic commerce method is hard and there were many different factors for companies to adapt them with electronic commerce factors nanehkaran, 20. Before moving to the definition of what is ecommerce and types of ecommerce, first, you have to understand what is commerce. The name is selfexplanatory, it is the meeting of buyers and sellers on the internet. Ecommerce, in full electronic commerce, maintaining relationships and conducting business transactions that include selling information, services, and goods by means of computer telecommunications networks. E commerce activities such as selling online can be directed at consumers or other businesses. Different types of ecommerce business models explained. These types of services have increased considerably in. This part of ecommerce encompasses all transactions conducted online between companies and public administration. Businesstobusiness b2b this e commerce type encompasses all electronic transactions of goods or services, conducted between companies, i. Intel selling microprocessorto dell heinz selling ketchup to mc donalds 4.

Generally speaking, e commerce is an online transaction between a supplier and a client. Credit card the most popular form of payment for ecommerce transactions is through credit cards. Eretailing or online retailing is the selling of goods from businesstoconsumer through electronic stores that are designed using the electronic catalog and shopping cart model. Usually e commerce is divided into three general most wellknown types, but the notion is much wider. The ach system comprises direct deposit, direct debit and electronic checks echecks. This involves the transaction of goods and services, the transfer of funds and the exchange of data. Ecommerce types represent a range of various schemas of transactions which are distinguished according to their participants. Increasing profitability, gaining market share, improving customer service, and delivering products faster are some of the organizational performance gains possible with electronic commerce. General education teachers, who actually do most of the electronic production for students, do not seem to understand the. When most people think of ecommerce, this type is the first that comes to mind. The main types of electronic commerce that exist are described below.

Here you can download the free lecture notes of e commerce pdf notes ec notes materials with multiple file links to download. As youll discover in the section on the types of ecommerce, online transactions can be involved in other areas, like when businesses sell products and services to. Ecommerce electronic commerce, commonly written as ecommerce, is the trading in products or. This article is a try to summarize all ecommerce types. Online shopping is becoming increasingly popular because of speed and ease of use for customers. You will also find information about types of electronic commerce as well. Industrialcountry multinationals also may prefer integrating their operations more closely with a reduced number of the most ad. In this lesson, learn about electronic commerce and its importance in our modern world. What are the different types of ecommerce payment systems. The four types of electronic documents electronic documents are used for various reasons, such as.

See suttle 2000 and so forth in the chapter references. Electronic commerce in the world is becoming an increasingly popular form of trade. Electronic data interchange electronic data interchange edi is the basis of e commerce. By harnessing the power of the internet, electronic commerce has changed the way in which organisations conduct business. So when you log into your amazon and purchase a book, this is a classic. A common example would be a manufacturer of gadgets that sources components online to manufacturers that use them to create their own products. Academics determined a number of frameworks for classifying electronic commerce but each one want to illustrate it form a unique perspective. Businesstobusiness b2b this ecommerce type encompasses all electronic transactions of goods or services, conducted between companies, i. Ecommerce i about the tutorial ecommerce or electronics commerce is a methodology of modern business, which addresses the requirements of business organizations. Item processing ip remote deposit capture rdc fedline access solutions. It involves the computertocomputer exchange of standard business forms such as purchase orders, invoices, shipping documents between a company and its trading partners, including suppliers, customers, banks and others. Usually ecommerce is divided into three general most wellknown types, but the notion is much wider. We have illustrated the opportunities and problems of different types of ec technologies and systems in empirical case studies in different industries and on the. Jun 22, 2018 electronic commerce has reached new heights in recent years.

Card services atm, credit, debit, prepaid mobile payments. Here internet is used as the primary electronic medium or network to do this type of transaction. Electronic commerce or e commerce has evolved over the years to become a major channel through which businesses can exchange goods and services, coordinate production and market to customers. Ecommerce is a popular term for electronic commerce or even internet commerce. To white label is to apply your name and brand to a generic product purchased from a distributor. Nowadays e commerce has become very popular among the people who want to buy and sell different things because of the convenience it offers and the cost benefits to retailers and the cost savings to the customers, and also the secrecy it offers. Types of electronic commerce there are many various classifies of electronic commerce and many different methods to characterize these clusters. It can be broadly defined as the process of buying or selling of goods or services using an electronic medium such as the internet. Accessibility of electronic files as supplements for online courses or lessons is an important issue for students with disabilities. Electronic data interchange electronic data interchange edi is the basis of ecommerce. The business application of b2b electronic commerce can be utili zed to facilitate almost all facets of the interactions among organizations, such as inventory management, channel management, distribution management, order fulfillment and delivery, and payment management. Electronic commerce describes the buying and selling of products, services, and information via computer networks including the internet. The b2b acronym means business to business and is the one in which the commercial transaction is only carried out between companies that operate on the internet, that is to say, that consumers do not intervene.

Purchasing and selling online small businesses that are considering purchasing or selling. Electronic commerce or ecommerce refers to a wide range of online business activities for products and services. Electronic commerce or simply ecommerce is normally a process that involves facilitating the availability of products and services online. E commerce refers to the process of buying or selling products or services. An electronic payment is any kind of noncash payment that doesnt involve a paper check. Electronic commerce ec is where business transactions take place via telecommunications networks, especially the internet. The accessibility of four types of electronic documents.

Electronic commerce and developing countries embargoed until tuesday, december 5, 2 p. Quick and continuous access to information customer will have easier to access information. B2c the b2c model of electronic commerce transaction is ideally suit ed for the following. Ohenedjan co3323 2008 undergraduate study in computing and related programmes this is an extract from a subject guide for an.

Add your info below to have the pdf sent to your inbox. Ecommerce has a number of applications in retail and wholesale. Goods that can be easily transformed into the digital format suc h as books, music clips and videos, software packages items that follow a standard specifications. The different types of ecommerce payments in use today are.