E-Business: is also known as electronic business it has a meaning similarly to e-commerce which is the administrative process of how to conduct business online, from transactions to assisting customers online.
M-Mobile is also known as mobile commerce the process allows consumers to handle transactions and easily buy or sell products or services, using Smart Phones (mobiles) IPads, Laptop, Tablets etc.. instead of relying on the usual desktop features, and the use of live chat, mobile bots and text messages conducted electronically.
The Different Categories Used Through E-Commerce
B2B – Business to Business
B2B often exchange products, services and sources of relevant information to ensure that transactions run smoothly, it’s the term B2B when manufacturers sell to distributors.
B2C – Business to Consumer
B2C is is the usual everyday product sales and services to the public. A good example of a company would be Amazon, as it’s one of the leading retail companies that sell all their products online.
C2B – Consumer to Business
C2B is when consumers sell their own products and services online, and example being that companies could either bid or buy royalty free images and media on a market place platform.
C2C – Consumer to Consumer
C2C is the kind of e-commerce conducted through online platforms like Ebay, where consumers can easily sell goods and services to one another.
B2A – Business To Administration
B2A 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
C2A involves the online transactions where 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?
The main disadvantage is that you cant physically see the product before you purchase it, so you are trusting all the information via online reviews and the product descriptions. It doesn’t matter if it’s thoroughly researched unless all 1000 products have been trusted and tested and the values is stamped at 100% good quality it’s not known for certain that all is good. You might be shocked to learn that once you’ve made transactions to venders, wholesalers and various other outlets for your customers the arrangements could change, sometimes several vendors and business owners will not prioritise your orders, which could lead to postal errors, and delivery complaints, the occasional mismatched items or damaged goods, or cheaper materials used which weren’t the same as the images and the angles shown but it was sold to your customers, beings there are no face to face interactions you can see why these things do occur. It’s also a concern how they conduct business in general, because some e-commerce businesses also have security breaches often because the site crashes, a breach of privacy data, and proof of annual sales adds to tax issues and complicated legal terms that you have to adhere to, but there advantages outweigh it all so being a successful business owner is definitely possible.
Related articles: Is An E-commerce Business Right For You?
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