Business Models - E-Commerce
E-commerce is the activity of buying or selling of products on online services or over the Internet. E-commerce is the purchasing, selling, exchanging goods and services over computer networks (internet) through which transaction or terms of sale are performed Electronically. (Wikipedia) There are several business models on E-Commerce : 1. Business-to-business (B2B) B2B e-commerce is simply defined as ecommerce between companies. About 80% of e-commerce is of this type. B2B business models sells its products to an intermediate buyer. As an example, Qualcomm sell their semiconductor products ( Qualcomm® Snapdragon™ ) to smartphone company. 2. Business-to-consumer (B2C) A website company (e-Commerce) sells its product directly to the consumer. Customer can view and directly order the products that shown on the website. Business-to-consumer e-commerce, or commerce between companies and consumers, involves customers gathering information; purchasing physical goods or receiving