E-commerce or Electronic Commerce is the process of buying and selling products, services and information over the Internet. With the growth of the Internet usage, the amount of trade conducted electronically has also grown correspondingly.My E-Commerce solutions provide you a complete storefront. You can manage multi-channel sales, accounting, price changes, gift and discount offers, billing and payments, delivery service, credit card verification, and many more business processes.
Different e-commerce solutions are given below:
Business-to-business (B2B) e-commerce: B2B is defined as exchanging of structured messages with other business partners over intra networks or the public Internet to create and transform business relationships. B2B e-commerce is associated with companies buying from and selling to each other online. It may include supply chain management and marketing management. The advantage of using B2B e-commerce solutions often result in improving the profitability of the Company through better product management, marketing management, supply chain management, and inventory management.
Business-to-consumer (B2C) e-commerce: B2C refers to on-line sales, trading, and auctions. Examples are online book shops, on-line stock trading websites and, on-line auction sites. B2C e-commerce refers to the emerging commerce model where businesses and consumers interact digitally for purchase, sale, or support. One of the best examples of B2C e-commerce is Amazon.com; an online bookstore.
Consumer-to-business (C2B) e-commerce: Consumer-to-business (C2B) describes a system where consumers use an online agent to look for a product or service that suits their needs. Priceline.com, shopbot.com are a couple of examples of the C2B model.
Consumer-to-consumer (C2C) e-commerce: Consumer-to-consumer (C2C) businesses act as agents between consumers with goods and services to sell. Online auction site eBay, Yahoo! Auctions are a couple of examples of C2C websites.
Peer-to-peer (P2P): P2P businesses transact exchanges of information between PCs or hand-held computing devices. Napster, Pay Pal, Prepays are some of the examples of P2P websites.