E-Business: is also known as electronic business, it has a meaning similarly to e-commerce which basically is an administrative way of conducting business online, from transactions to assisting customers online, and maintaining technical difficulties for online shopping.
M-Mobile is also known as mobile commerce that allows consumers to buy, sell and handle transactions on smart phone mobiles, tablets and other devices, instead of relying on desktop features. The use of live chat, mobile bots and text messages all conducted electronically.
The Different Categories Used Through E-Commerce
B2B – Business to Business
Business to Business means exactly how its worded to sound, it involves businesses that exchange products, services and sources of relevant information to each other to start transactions, when manufacturers sell to distributors it is via business to business.
B2C – Business to Consumer
Business to Consumer is when businesses sell products, services and relevant information directly to the public over the internet from companies like Amazon, which is the retail aspect of e-commerce.
C2B – Consumer to Business
Consumer to Business is when consumers sell their own products and services online, and companies bid and buy items like royalty free images and media on a market place platform.
C2C – Consumer to Consumer
Consumer to Consumer is the kind of e-commerce conducted through companies like Ebay, with the online platforms where consumers can conduct business and sell goods, services and information to each other.
B2A – Business To Administration
Business to Administration involves online transactions from Social Security, government bodies and other official companies who use legal documents for registers and forms electronically, through this kind of e-commerce.
C2A – Consumer to Administration
Consumer to Administration involves online transactions when consumers file their tax forms, or make transactions and conduct services electronically to government bodies.
E-Commerce / The Disadvantages / Is It Even Worth The Hassle?
When you don’t see the physical product, you are trusting all the information that you have thoroughly researched, but unless you buy all 1000 products that you want to sell, and try out the 200 services that you are offering your customers, if you have not tested the value, worth or quality of all products that you intend to sell, then you might be shocked to learn that once you’ve made transactions to wholesalers and various other outlets for your customers, the arrangements changes.
Several businesses will not prioritise your orders leading to postal errors, delivery complaints, mismatched items or damaged goods, and they will use cheaper materials very different from the images and description that particularly sold the item to you and your customers, as you know there are no face to face interactions, it’s comfortable on their end to not run in things in the same way that they conduct their own business, e-commerce businesses also have security breaches often because the site crashes. There is no privacy, and proof of annual sales adds to tax issues and complicated legal terms that you have to adhere to, but there are advantages also.
Related articles: Is An E-commerce Business Right For You?
4 thoughts on “All You Need To Know About An E-Commerce Business!”
You also 😇
LikeLiked by 1 person
You’re welcome 😇
LikeLiked by 1 person
Comments are closed.