E-business involves conducting business operations online through activities like buying and selling products and services, as well as collaborating with partners online. It encompasses various models of online transactions including business-to-business, business-to-consumer, consumer-to-business, consumer-to-consumer, business-to-administration, and consumer-to-administration. E-commerce is a subset of e-business that is limited to buying and selling of products and services online. E-business offers benefits over traditional offline business models by allowing transactions to occur remotely anytime.
2. What is E-business?
• E-business (electronic business) is the conducting of
business on the Internet, not only buying and selling but
also servicing customers and collaborating with business
partners.
3. • 'E-business' i.e electronic business is derived
form the terms e-mail and e-commerce.
5. • The concept of E-business emerged when IBM
coined the term in LATE 90's. The purpose WAS to
provide buyers A PLATFORM on the internet to
buy AND sell goods.
6. Scope of E-business
• Business to Business (B2B)
• Business to Consumer (B2C)
• Consumer to Consumer (C2C)
• Consumer to Business (C2B)
• Business to Administration (B2A)
• Consumer to Administration (C2A)
7.
8. Business to Business (B2B)
Stands for Business to Business
as in businesses doing business
with other businesses.
On the Internet, B2B is the
exchange of products, services, or
information between businesses.
Business firms INTERACT with
EACH other for A VARIETY of
services.
9. Business to Consumer (B2C)
• Stands for Business to Customers as in
businesses selling products or services
to end-user consumers.
• Not just selling goods online, but
advertising, delivery of products, etc.
also comes under this.
• B2C allows a business to be in touch
with its customers around the clock.
• E-commerce decreases the distance
between producers and consumers.
• Consumers can make their purchase
without entering a traditional shop.
10. Consumer to Business (C2B)
• Stands for Consumers to
Business.
• In this consumer requests A
SPECIFIC service from the
business.
• It ENABLES buyers to quote
their own price for specific goods
or services. A consumer posts his
request with A SET budget online
AND, COMPANIES review the
customers requirements AND
bids out the project
11. Consumer to consumer (C2C)
• Abbreviation for consumer-to-consumer
commerce; that is, commerce with no
middle business people
• Here, even a common man, becomes a
businessman
• Best for businesses with no estabilished
market mechanism, eg: selling old books.
• • A consumer who has used the specific
product can let other potentional
customers know about the pros and cons
of the product.
12. Business to AdminisTRATION (B2A)
• Stands for Business to Administration.
• This PART of e-commerce
ENCOMPASSES ALL
TRANSACTIONS conducted online
between business AND public
ADMINISTRATION.
• For example, REGISTRATION of
COMPANIES, PAYMENT of TAXES,
getting permits etc.
13. Consumer to ADMINISTRATION (C2A)
• Stands for Consumer to
Administration.
• The consumer to
ADMINISTRATION model
encomPASSES ALL electronic
TRANSACTIONS conducted
between INDIVIDUALS AND public
ADMINISTRATION.
• For EXAMPLE, getting PASSPORT,
AADHAAR CARD, licenses etc.