E Commerce is one of the popular aspects of spreading business on a large scale. Online media is used as a platform to carry out business transactions. For an e-commerce site proper e-commerce web development is required.
A company can carry out E commerce projects based on 5 different models :-
Business-to-Business (B2B) is one of the major forms of e commerce. Here the seller and the buyer participate as business entities. Here the business is carried out the same way a manufacturer supplies goods to a wholesaler.
Business-to-Consumer (B2C) In this case transactions take place between consumers and business houses. Here individuals are also involved in the online business transactions.
Consumer-to-Consumer (C2C) model is applicable when the business transaction is carried between two individuals. But for this type of e commerce, the individuals require a platform or an intermediary for business transactions.
Peer-to-Peer (P2P) is another model of e-commerce. This model is technologically more sound than the other e commerce models. During this type of transactions, people can share computer resources. Here it is not required to use a common server; instead a common platform can be used for the transactions.
With technological advancements, the business transactions can be done through mobile devices. The latest model for e commerce is the M-Commerce. The e commerce sites can be specially optimized and programmed so that they can be viewed and used through mobiles. Here two mobile users can contact each other to carry out the business transactions.
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