What are the 4 Types of eCommerce?

Have you ever purchased something on the internet? Perhaps you bought a brand video game that was new or perhaps your parents purchased food items from the website.When you sell and buy items on the internet this is called eCommerce. It’s a huge online store that never closes. However, did you realize there are a variety of methods to achieve this?

We will look into the primary different types of eCommerce. Knowing them will help us understand how online shopping can benefit everyone including big corporations to those who are just like you.

Business-to-Consumer (B2C)

It’s the most well-known kind of eCommerce you’ve heard about. Business-to-Consumer, or B2C, is when a company sells something directly to a person. Consider your favourite Toy or shoe shop. When you shop on their site, it’s B2C.

The company (the “B”) sells to you, the buyer (the “C”). The same as shopping at an outlet mall, only you can do it on your phone or computer.

Examples of B2C:

• Amazon: You can buy anything including electronics to books direct through Amazon or any other seller through its marketplace.
• Target.com: You can purchase clothes, household products, and even food items from Target’s site to have it delivered right to your doorstep.
• Netflix: When you purchase a subscription for streaming the latest movies or shows, you’re buying an item from a company.

Read also: What Does an eCommerce Developer Do?

Business-to-Business (B2B)

What happens if your company needs to buy items? They aren’t likely to buy from the same stores as like you. When one business sells goods or services to another business, it’s called Business-to-Business, or B2B.

Imagine a factory for cars. It requires steel, tires as well as paint for automobiles. They purchase these components from companies who make these parts. This is a B2B transaction. It’s usually a large order to help other companies operate.

Examples of B2B:

• Restaurants buying their produce: The restaurant purchases huge boxes of tomatoes and lettuce from a farmer’s supplier to prepare salads.
• A company purchasing laptops: A company buys 50 computers new from Dell for employees.
• A construction firm purchasing tools: A builder acquires nailers, hammers and lumber from a manufacturer to construct houses.

Consumer-to-Consumer (C2C)

Did you ever sell an old video or toy game to someone else? It’s possible to do it on the internet too! Consumer-to-Consumer, or C2C, is when one person sells something directly to another person.

Web sites can assist people in connecting to purchase and sell secondhand products. The site doesn’t actually own the merchandise. It’s just an online platform where two individuals may meet in order to do the exchange. The consumer (the “C”), offer your services to another buyer (another “C”).

Examples of C2C:

• eBay There is a way to offer the bicycle you have on eBay, and somebody elsewhere in the world can purchase it.
• Facebook Marketplace Residents in your community can list items they don’t want anymore such as furniture or clothing that they would like to sell for other people to purchase.
• Etsy Artists can offer their jewelry made by hand directly to anyone who would like to wear the piece.

Consumer-to-Business (C2B)

This one’s slightly more unique. The concept is to change the traditional method to shop. In Consumer-to-Business, or C2B, a person (the consumer) sells a product or service to a business.

What’s the procedure? Imagine that you capture amazing pictures. An organization might decide to purchase one of your photos to be used in an advertisement. You, as the customer (“C”) you are selling something to a business (“B”). This is usually the case when you offer creative capabilities or with services.

Examples of C2B:

• Photographers selling their photos: A photographer sells images to websites such as Shutterstock and businesses acquire to put in their own websites.
• Writers on freelance: A writer might be able to offer their talents for a business to create articles for their blogs.
• Influencers An individual with large numbers of social media followers may get paid by a business to promote a particular product. These influencers sell their services to businesses.

The World of Online Shopping

eCommerce goes beyond purchasing your next pair of shoes online. It’s a huge technology that allows companies and individuals connect in a variety of various ways.

• B2C An organization sells products and services to your.
• B2B An organization sells its goods to a different company.
• C2C It is when you sell your product to an individual.
• C2B The seller sells something you have to an business.

If you come across an item on sale Try to figure out which kind of eCommerce you are seeing. It might surprise you the amount of times you’ll see each of the four types in the vicinity.