E-Commerce

E-Commerce (Electronic Commerce) Definition And Classification

E-Commerce is a business-to-business (B2B) initiative aimed at communicating business transaction documents on a real-time or near real-time basis between known trading partners, such as suppliers, customers and, increasingly, between a supplier’s supplier or a customer’s customer. This is the movement from simple B2B to electronic business-to-business (EB2B).

Electronic Commerce as a sphere of economics includes all financial and trading transactions that are processed via computer networks as well as business processes connected to such transactions processing. Electronic Commerce covers:

  • Electronic Data Interchange (EDI)
  • Electronic Funds Transfer (EFT)
  • Electronic Trade (e-trade)
  • Electronic Money (e-cash)
  • Electronic Marketing (e-marketing)
  • Electronic Banking (e-banking)
  • Electronic Insurance (e-insurance)

E-Commerce Classification

Commercial Organizations:

  • B2B(Business-to-Business)
  • B2C(Business-to-Consumer)
  • B2E(Business-to-Employee)
  • B2G(Business-to-Government)
  • B2O(Business-to-Operator)

Consumers:

  • C2A(Consumer-to-Administration)
  • C2B(Consumer-to-business)
  • C2C(Consumer-to-Consumer)

Administration

  • A2A(Administration-to-Administration)
  • A2B(Administration-to-Business)
  • A2C(Administration-to-Consumer)

Other business models

  • D2C(Decentralized-to-Consumer)
  • G2B(Government-to-Business)
  • P2P(Peer-to-Peer).

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