1. Business-to-Business (B2B)
2. Business-to-Consumer (B2C)
3. Consumer-to-Consumer (C2C)
4. Consumer-to-Business (C2B).
5. Business-to-Administration (B2A)
6. Consumer-to-Administration (C2A)
An electronic transaction where both the sender and receiver are companies. For instance, a tire supplier supplies tires to a car manufacturing company.
E-commerce between businesses and consumers is characterized by the establishment of electronic business relationships between businesses and end users. This is the same as online retail, where traditional retailers usually operate. For example, Ebay.
When a consumer sells directly to another consumer through the medium of E-commerce. Generally, these transactions are performed by a third party providing the online platform on which the transactions are executed.
In C2B, there is a complete reversal of the traditional exchange of goods. A large number of people provide their services or products to companies that are looking for exactly this type of service or product.
This is an area that involves a significant a variety of services, particularly in areas such as fiscal, social security, employment, legal documents, and registers, etc. These kind of services have increased considerably in past years with investments made by government.
Any transactions take place between the consumer and the administration. Tax, security, social security, Health, etc.
Before going forward let’s make a thing crystal clear, there is nothing like the best E- commerce platform. It depends on your needs and your resources. But still, there are some measures which can help us to choose the best platform for our business.
This is the most critical decision you will have to take before opening an E-commerce store because this decision will affect your business at every step going forward. Hence, it is very necessary to analyze, measure and gauge every aspect of your business and relevant platform. Here, I am going to talk about one of the most versatile E-commerce platforms which have routed its aroma in this field, Magento.
Magento is an open source E-commerce platform which has been used for store development. It has been used by the top brands, and roughly 25% of the E-commerce stores are made using Magento. It is easy for anyone to start up an E-Commerce store and customize that store according to their desires.
Change is the nature of the world, and everything evolves with time to be in the race. Hence, after the successful implementation of Magento 1, in 2015 an upgraded version came into existence, i.e. Magento 2.0
E-commerce store is the need of the hour, if you are in this field, then it is must have an online store, so it becomes indispensable to have proper knowledge about E-commerce platforms before entering the race.