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What are the Numerous Forms of eCommerce?

TY P E S OF E – COMMERCE

E-Commerce can be classified based on the type of participants in the transaction:

Business to Business (B2B)
B2B E-Commerce transactions are those where both the transacting parties are businesses, e.g., manufacturers, traders, retailers and the like.

Business to Consumer (B2C)
When businesses sell electronically to end-consumers, it is called B2C ECommerce.

Consumer to Consumer (C2C)
Some of the earliest transactions in the global economic system involved barter — a type of C2C transaction.
But C2C transactions were virtually non-existent in recent times until the advent of E-Commerce. Auction sites
are a good example of C2C ECommerce.

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