B2B (Business-to-Business) transactions involve interactions between two businesses, such as a wholesaler selling products to a retailer. B2C (Business-to-Consumer) transactions occur when businesses sell directly to individual consumers, like an online retailer selling clothing to customers. G2C (Government-to-Citizen) transactions refer to interactions between government entities and citizens, such as the provision of services, information, or payments, like tax collection or social services. Each type of transaction serves distinct purposes and involves different dynamics in terms of relationships and processes.
Ecommerce definition and types of ecommerce1Ecommerce (e-commerce) or electronic commerce, a subset of ebusiness, is the purchasing, selling, and exchanging of goods and services over computer networks (such as the Internet) through which transactions or terms of sale are performed electronically. Contrary to popular belief, ecommerce is not just on the Web. In fact, ecommerce was alive and well in business to business transactions before the Web back in the 70s via EDI (Electronic Data Interchange) through VANs (Value-Added Networks). Ecommerce can be broken into four main categories: B2B, B2C, C2B, and C2C.B2B (Business-to-Business)Companies doing business with each other such as manufacturers selling to distributors and wholesalers selling to retailers. Pricing is based on quantity of order and is often negotiable.B2C (Business-to-Consumer)Businesses selling to the general public typically through catalogs utilizing shopping cart software. By dollar volume, B2B takes the prize, however B2C is really what the average Joe has in mind with regards to ecommerce as a whole.Having a hard time finding a book? Need to purchase a custom, high-end computer system? How about a first class, all-inclusive trip to a tropical island? With the advent ecommerce, all three things can be purchased literally in minutes without human interaction. Oh how far we've come!C2B (Consumer-to-Business)A consumer posts his project with a set budget online and within hours companies review the consumer's requirements and bid on the project. The consumer reviews the bids and selects the company that will complete the project. Elance empowers consumers around the world by providing the meeting ground and platform for such transactions.C2C (Consumer-to-Consumer)There are many sites offering free classifieds, auctions, and forums where individuals can buy and sell thanks to online payment systems like PayPal where people can send and receive money online with ease. eBay's auction service is a great example of where person-to-person transactions take place everyday since 1995.Companies using internal networks to offer their employees products and services online--not necessarily online on the Web--are engaging in B2E (Business-to-Employee) ecommerce.G2G (Government-to-Government), G2E (Government-to-Employee), G2B (Government-to-Business), B2G (Business-to-Government), G2C (Government-to-Citizen), C2G (Citizen-to-Government) are other forms of ecommerce that involve transactions with the government--from procurement to filing taxes to business registrations to renewing licenses. There are other categories of ecommerce out there, but they tend to be superfluous.1 Digital Smith website
Could you demonstrate on how to record transactions
On the list of transactions, select Show Only Those Transactions Eligible For Pull back check box and click the Search button
state the assertions for class of transactions
Occasional transactions are often referred to as "non-recurring transactions" or "sporadic transactions." These transactions occur infrequently and do not follow a regular pattern, differing from regular or routine transactions that happen consistently over time. Examples include one-time purchases or unique financial events that are not part of an ongoing business operation.
Walmart is B2C
There are seven models of e commerce they are 1) Business to Business (B2B) 2) Business to Consumer(B2C) 3) Consumer to Consumer (C2C) 4) Consumer to business (C2B) 5) Business to government(B2G) 6) Government to citizen ( G2C) 7) Government to Business (G2B)
Business-to-business (B2B) describes commerce transactions between businesses, such as between a manufacturer and a wholesaler, or between a wholesaler and a retailer. Contrasting terms are business-to-consumer (B2C) and business-to-government (B2G). B2B branding is a term used in marketing. The overall volume of B2B (Business-to-Business) transactions is much higher than the volume of B2C transactions.The primary reason for this is that in a typical supply chain there will be many B2B transactions involving sub components or raw materials, and only one B2C transaction, specifically sale of the finished product to the end customer. For example, an automobile manufacturer makes several B2B transactions such as buying tires, glass for windscreens, and rubber hoses for its vehicles. The final transaction, a finished vehicle sold to the consumer, is a single (B2C) transaction. Example for B2B site - bizbilla.com , and for B2C flipcart.com Get More Information at: en[.]wikipedia.org/wiki/Business-to-business
The primary distinction between B2B (business-to-business) and B2C (business-to-consumer) e-business models lies in their target audiences. B2B involves transactions between businesses, typically characterized by larger order volumes, longer sales cycles, and a focus on building long-term relationships. In contrast, B2C targets individual consumers, emphasizing quick transactions, personal marketing, and customer experience. These differences influence marketing strategies, pricing models, and customer service approaches in each model.
b2c
Business-to-consumer (B2C) transactions involve sales directly from businesses to individual consumers, often characterized by a focus on mass marketing, customer experience, and emotional appeal. In contrast, business-to-business (B2B) transactions occur between companies, typically involving larger quantities, longer sales cycles, and more complex negotiations. B2C transactions prioritize convenience and quick purchasing, while B2B transactions emphasize relationship building and tailored solutions. Additionally, B2B platforms often include features like bulk pricing and customized service agreements.
b2c stands for business to consumer. b2b stands for business to business. A b2c storefront is a website where a business does retail sales on-line to the general public. A b2b storefront would be a website where a business sell to other businesses.
No its not like that there are many e commerce which are B2B also.
Marketing products or services to Organizations are called B2B and to consumers are called B2C. There are many differences between the two. In B2B we can emphasis on features / logic of the product, whereas in B2C we need to emphasis on benefits. In B2B there is very little or no space for emotions, whereas B2C emotional dependant. In B2B you need do a detailed explanation about the product and how it saves the resources, time & money, whereas in B2C you have to clearly point out the benefits.
It needs to be kept in mind that B2B is really where all the action is, even if it does not receive the publicity of B2C. In 2003, 94.3 percent of all e-commerce activity in the United States was B2B, with a figure of 75 percent for the United Kingdom.
You need to carry our many B2B (Business to Business) transaction before you deliver one B2C (Business to Consumer) transaction. For example an automobile manufacturing company will use many B2B transactions like buying tiers, windscreen, engines and other parts etc. before delivering the finished product transaction to the end consumer B2C. ~Dr. Anupam Acharya
B2C is a consumer that shops on the web. B2B is a transaction that is conducted between the businesses on the web. Many countries do not have regulatory mechanisms in place. So they are being exposed to fraud and viruses.