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Discuss 4 Business and EC models.

Category: Business Communication Paper Type: Report Writing Reference: N/A Words: 520

Business-to-Business (B2B)

        This model focuses on providing the goods to a business from some other business. In this niche, the various e-commerce business is service providers such as office furniture, software companies, document hosting companies, supply companies, and various other e-commerce businesses. Chevron Corporation, ExxonMobil Corporation, Archer Daniel Midlands, and Boeing are examples of B2B e-commerce examples. Such businesses have enterprise customer e-commerce platforms directly working in a closed environment with other businesses.  Typically, more startup cash is required for B2B e-commerce business

Business-to-Consumer (B2C)

        Business-to-consumer is a business model that is most common and popular among people. This sector is the deepest market for e-commerce and many of the companies working in this sector are also known quantities offline. The sales of B2C are a traditional retail model where individuals are buying from a business, the however business operates online not as a traditional physical store. The B2C businesses examples can be seen everywhere; exclusively online retailers are Mod Cloth, Newegg.com, Wish, and Overstock.com, however other major B2C businesses are Gap, Rei, Target, and Walmart.

Consumer-to-Consumer (C2C)

        B2C and B2B are quite intuitive concepts for everyone, however, the C2C business idea is different than these sectors. The C2C businesses are created by the growing confidence of consumers in online sales and growth of the e-commerce sector. Consumers are allowed trade, sell, and buys goods or services through these sites in exchange for some paid commission to site owners. Careful planning is required to open a C2C site. Even after a great success of different business platforms such as Craigslist and eBay, so many other classified sites and auction have opened and then closed quickly because of the unsustainable business models, hence a sustainable and stable business model is required to startup C2C business.

Consumer-to-Business (C2B)

        C2B is one more business model that is not most common and popular among people but in prevalence, this business is also growing. The is the type of online commerce business where businesses buy goods and services from consumer and this is equivalent roughly to sole proprietorship that serves big businesses. Service provision, reverse auction sites like UpWork and so many popular blog monetization strategies such as Google AdSense or affiliate marketing also fall under the category of C2B business. In C2B business model, the value is created by consumer and that value is consumed by the businesses, it is exactly opposite to the traditional business model..

Government-to-Business (G2B)

        G2B is a business term that refers to the working relationship between companies of public administration and enterprises. In the business model of G2B, the government organization takes the initiative and the target groups are businesses. Electronic exchange of some knowledge or information between government and businesses is covered in the G2B business model, normally using the internet so the communication or corporation is more efficient and significant than off the internet. Businesses and government agencies, in G2B, use procurement marketplaces, web services, web services, and applications.

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