Business-to-employee

Last updated August 28, 2024

Business-to-employee (B2E) electronic commerce uses an intrabusiness network which allows companies to provide products and/or services to their employees. Typically, companies use B2E networks to automate employee-related corporate processes. B2E portals have to be compelling to the people who use them. Companies are competing for eyeballs of their employees with eBay, Yahoo and thousands of other web sites. A huge percentage of traffic to consumer web sites comes from people who are connecting to the net at the office.^[1]

B2B

Business-to-business (B2B) is another type of e-commerce where the buyers and sellers are business organisations. It covers a broad spectrum of applications that enable an enterprise to form electronic relationships with its distributors, resellers, suppliers, customers, and other partners. Organisations can use B2B to restructure their supply chains and their partner relationships.^[2] It is also for the exchange of service information.^[3] E-procurement is one of the important parts of the business-to-business purchase and sale of supplies and services over the Internet. A central part of several B to B sites, e-procurement is sometimes referred to in other ways, such as supplier exchange.^[4]

Consumer-to-business

Consumer-to-business model (C2B) is a type of commerce where a consumer or end user provides a product or service to an organization. It is a reverse of the Business to Consumer (B2C), where businesses produce products and services for consumer consumption. The idea is that the individual or end user provides a product or service that the business can use to complete a business process or gain competitive advantage.^[5]

Portal

Portal is a term, generally synonymous with gateway, for a World Wide Web site that is or proposes to be a major starting site for users when they get connected to the Web or that users tend to visit as an anchor site. There are general portals and specialized or niche portals. Some major general portals include Yahoo, eBay and Microsoft Network.^[6]

Consumer-to-consumer

Consumer-to-consumer e-commerce is the practice of individual consumers buying and selling goods via the Internet. The most common examples of this form of transaction comes from sales websites such as eBay, although online forums and classifieds also offer this type of commerce to consumers. In most cases, consumer to consumer e-commerce, also known as C2C e-commerce, is helped along by a third party who officiates the transaction to make sure goods are received and payments are made. This offers some protection for consumers partaking in C2C e-commerce, allowing them the chance to take advantage of the prices offered by motivated sellers.

There are four different types of e-commerce, or electronic commerce, which is the buying and selling of goods or services through the use of computer technology and Internet service. Electronic commerce can take place between businesses, which may refer to either business to commerce, or between consumers and businesses, which may refer to either business to business commerce e-commerce or consumer to business e-commerce. The final type is consumer to consumer e-commerce which take businesses out of the picture and allows for transactions to take place between consumers via the Internet.^[7]

Business-to-consumer

Business-to-consumer refers to commercial transactions where businesses sell products or services to consumers. This might refer to individuals shopping for clothes for themselves in physical store, eating at a restaurant, or subscribing to a service at home. More recently, the term B2C refers to the online selling of products in which manufacturers or retailers sell their products to consumers over the Internet.^[8]^[9]

E-commerce

Electronic commerce or e-commerce is a term for any type of business, or commercial transaction, which includes the transfer of information across the Internet. It covers a range of different types of businesses, from buyer based retail sites, through sale or music sites, to business exchanges trading goods and services among companies. It is currently one of the most important features of the Internet to develop.^[10] The development of e-commerce has proceeded in phases. Offline and online brands initially were kept distinct and then were awkwardly merged. Initial e-commerce efforts consisted of flashy brochure sites, with rudimentary shopping carts and accelerated checkouts.^[1]

Related Research Articles

E-commerce is the activity of electronically buying or selling products on online services or over the Internet. E-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 automated data collection systems. E-commerce is the largest sector of the electronics industry and is in turn driven by the technological advances of the semiconductor industry.

Marketing is the act of satisfying and retaining customers. It is one of the primary components of business management and commerce.

Electronic business is any kind of business or commercial transaction that includes sharing information across the internet. Commerce constitutes the exchange of products and services between businesses, groups, and individuals and can be seen as one of the essential activities of any business.

Disintermediation is the removal of intermediaries in economics from a supply chain, or "cutting out the middlemen" in connection with a transaction or a series of transactions. Instead of going through traditional distribution channels, which had some type of intermediary, companies may now deal with customers directly, for example via the Internet.

An online auction is an auction held over the internet and accessed by internet connected devices. Similar to in-person auctions, online auctions come in a variety of types, with different bidding and selling rules.

E-procurement is a collective term used to refer to a range of technologies which can be used to automate the internal and external processes associated with procurement, strategic sourcing and purchasing.

<span class="mw-page-title-main">Business-to-business</span> Commercial transaction between businesses

Business-to-business is a situation where one business makes a commercial transaction with another. This typically occurs when:

B2B e-commerce, short for business-to-business electronic commerce, is the sale of goods or services between businesses via an online sales portal. In general, it is used to improve the efficiency and effectiveness of a company's sales efforts. Instead of receiving orders using human assets manually – by telephone or e-mail – orders are received digitally, reducing overhead costs.

Industrial marketing or business-to-business marketing is the marketing of goods and services by one business to another. Industrial goods are those an industry uses to produce an end product from one or more raw material. The term industrial marketing has largely been replaced by the term business-to-business marketing (B2B).

An online marketplace is a type of e-commerce website where product or service information is provided by multiple third parties. Online marketplaces are the primary type of multichannel ecommerce and can be a way to streamline the production process.

Consumer-to-business (C2B) is a business model in which consumers (individuals) create value and businesses consume that value. For example, when a consumer writes reviews or when a consumer gives a useful idea for new product development then that consumer is creating value for the business if the business adopts the input. In the C2B model, a reverse auction or demand collection model, enables buyers to name or demand their own price, which is often binding, for a specific good or service. Inside of a consumer to business market the roles involved in the transaction must be established and the consumer must offer something of value to the business.

Direct-to-consumer or business-to-consumer (B2C) is the business model of selling products directly to customers and thereby bypassing any third-party retailers, wholesalers, or middlemen. Direct-to-consumer sales are usually transacted online, but direct-to-consumer brands may also operate physical retail spaces as a complement to their main e-commerce platform in a clicks-and-mortar business model. In the year 2021, direct-to-customer e-commerce sales in the United States were over $128 Billion.

Customer to customer markets provide a way to allow customers to interact with each other. Traditional markets require business to customer relationships, in which a customer goes to the business in order to purchase a product or service. In customer to customer markets, the business facilitates an environment where customers can sell goods or services to each other. Other types of markets include business to business (B2B) and business to customer (B2C).

Electronic commerce, commonly known as e-commerce or eCommerce, or e-business consists of the buying and selling of products or services over electronic systems such as the Internet and other computer networks. The amount of trade conducted electronically has grown extraordinarily with widespread Internet usage. The use of commerce is conducted in this way, spurring and drawing on innovations in electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. Modern electronic commerce typically uses the World Wide Web at least at some point in the transaction's lifecycle, although it can encompass a wider range of technologies such as e-mail as well.

Tmall, formerly Taobao Mall, is a Chinese-language website for business-to-consumer (B2C) online retail, spun off from Taobao, operated in China by Alibaba Group. It is a platform for local Chinese and international businesses to sell brand-name goods to consumers in Greater China. It has over 500 million monthly active users, as of February 2018. In the last few years, it has opened its features to brands, not only for online sales but also for developing brand awareness. According to Alexa Rank, it is the third most visited website globally in 2021.

E-commerce or electric commerce in Southeast Asia is the buying and selling of products and services over the internet in the countries of Southeast Asia. These practices reached Southeast Asia during the dot-com mania in the 1990s. After the dot-com bust, local e-companies have seen promising growth in this sector.

Business-to-many or B2M is a marketing term for a business that sells their goods or services to other businesses as well as to consumers. Unlike B2B firms that only engage themselves with other businesses or retail firms (B2C) that only contact consumers or the end users of the product, B2M firms do both. It is important to understand that just because an organization does B2M marketing, this does not mean that they target their products and services to everyone. B2M companies, like any other type of company, have a more specific target audience.

There are many types of e-commerce models, based on market segmentation, that can be used to conducted business online. The 6 types of business models that can be used in e-commerce include: Business-to-Consumer (B2C), Consumer-to-Business (C2B), Business-to-Business (B2B), Consumer-to-Consumer (C2C), Business-to-Administration (B2A), and Consumer-to-Administration

Pakistan's e-trading mainly involves buying and selling goods, and services using internet or telephone, through the use of electronic means such as computer, fax machine, cellular phone, automated teller machines (ATMs), and other electronic appliances with or without using the internet. Online banking, e-tickets, share trading in stock exchange are few examples of e-commerce of modern advancement. With its potential, e-trading can reduce the cost per transaction, increase efficiency, support contest, lower prices and boost international demand. It can open new areas for business in the service sector like online education, medical services, consultancy, and data exchange. It can also provide expansion in trade through domestic and international market research, advertising and marketing. In the financial services industry, it can make simple and quick transactions and transfer of currency at a minimum risk. The unique feature of online trading is that an investor logging in from anywhere, can conduct transactions with nearly any device, via the internet. Inexperienced Traders are also able to familiarize themselves with helpful investment tools, which are widely available on the internet.

E-commerce in Bangladesh refers to the electronic commerce sector of Bangladesh business.

References

1 2 Rainer, R.Kelly; Cegielski, Casey G (2013). Introduction to INFORMATION SYSTEMS (4th ed.). Singapore: John Wiley &Sons. p. 187. ISBN 978-1-118-09230-9.
↑ Beal, Vangie. "B2B - business-to-business". www.webopedia.com. Retrieved 31 Oct 2014.
↑ Elaine J, Hom. "What is B2B?". www.businessnewsdaily.com. Retrieved 2014-10-28.
↑ Luis, Barbosa; Reece, MacKenzie. "e-procurement (supplier exchange)". searchcio.techtarget.com. Retrieved 31 Oct 2014.
↑ Janssen, Cory. "Consumer-to-Business (C2B)". www.techopedia.com. Retrieved 21 Oct 2014.
↑ Nowlin, Craig; Bliss, Gerry. "portal". whatis.techtarget.com. Retrieved 31 Oct 2014.
↑ B, Jim. "What Is Consumer-To-Consumer E-Commerce?". www.wisegeek.com.
↑ Hom, Elaine J. "What is B2C?". www.businessnewsdaily.com. Retrieved 25 Oct 2014.
↑ Fast Credit Loan
↑ "What is Ecommerce?". www.networksolutions.com. Retrieved 31 Oct 2014.