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E- COMMERCE CHAPTER 2
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Business-to-Consumer (B2C) a manufacturer can sell to the general public retail stores have another avenue to reach customers
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Consumer-to-Consumer (C2C) Individual selling to individual By means of electronic auctions or classified ads
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Business-to-Business (B2B) Involves the sale of a product from one business to another Usually a manufacturer-supplier relationship Most popular is for auto parts, electronics, and health care
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FEATURES OF E-COMMERCE
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Web Storefronts (B2C) Virtual stores for business-to-consumer electronic commerce
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help create web sites allow visitors to register, browse, and place products into virtual shopping carts purchase goods and services calculate shipping and taxes handle a variety of payment options collect data about visitors generate reports to evaluate a sites profitability
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Web Auctions (C2C) Auctions where buyers and sellers will probably never meet face-to-face Sellers post descriptions and buyers submit bids electronically
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