E-Business Entity model
Ashok Obhan
Roll no 108
Business-to-consumer
It is simply retail sales made from a business entity to an individual. Much of Amazon.com uses this
model. Nearly every entrepreneur using BigCommerce, Shopify, or a similar hosted ecommerce
platform is also likely to be focused on B2C ecommerce.
Advantages:
Business-to-Consumer (B2C) model offers consumers the capability to browse, select, and
buy merchandise online, from a wider -variety of sellers and at better prices.
In this environment the sellers and consumers both benefit through the round the clock
shopping & accessibility from any part of the world
Selling through the Web means cutting down on paper costs, customer support costs,
advertising costs, and order processing costs.
Business-to-business
B2B commerce is a transaction between two companies. In the broadest sense, B2B sales are
significantly larger than B2C since this business model includes any sort of wholesale transaction.
Increasingly, B2B buyers are using ecommerce.
3dcart, an ecommerce platform, outlined several reasons for the growth of B2B ecommerce in a 2018
article. These include:
Self-service. Re-ordering from an ecommerce website can be much more efficient than faxing
in orders, which, believe it or not, is how many companies still do it.
Mobile. An ability to check on orders or even place orders from a mobile device.
B2C-like shopping experiences. B2B buyers are accustomed to B2C features and convenience
for their personal shopping needs. Thus B2B ecommerce needs to feel like B2C.
If your customers include businesses, provide a good B2C experience.
Business-to-government
Closely related to B2B ecommerce is the business-to-government model. With B2G, a government
entity is the customer.
It is common for B2G sales to be based on negotiated contract prices and include a vetting process
wherein sellers must meet certain requirements. It is also possible that B2G ecommerce sales will
take place on a government-managed ecommerce site, wherein suppliers provide a product feed. In
a sense, this is similar to posting products on a marketplace.
B2G ecommerce can be a steady channel for sales, but establishing that channel may take much time
and effort.
Consumer-to-consumer
In the C2C model, individuals are selling directly to each other. Consider again the earlier example.
The Letgo app provides a way for consumers to post items for sale, like a Ford Mustang, and then
provides a messaging system to allow buyers and sellers to communicate before they try to complete
a sale. Giovanni exchanged about a dozen messages with Cody H. before heading out to see the
vehicle.
eBay is a more familiar example of C2C ecommerce. The eBay marketplace, which opened in 1995 as
AuctionWeb, connects individual buyers and sellers and facilitates an online transaction.
C2C ecommerce can be a good side business for new entrepreneurs.
Advantages
Broader market
Eliminates intermediary
Constantly changing and updating
Disadvantages of C2C
No quality control
No payment guarantee
Hard to pay for using checks, ATM, cards, etc but future this is likely to change.
Government-to-consumer
The government-to-consumer model describes when a government or public sector entity uses
ecommerce to sell goods or services to consumers.
As an example, at many high schools, parents pay for school lunch, sports fees, and even late library
fees via online portals.
For entrepreneurs, the G2C model is an opportunity if you make the ecommerce software. Otherwise,
it’s unlikely that you can use this model.
Government-to-business
This model can often take the form of online bill payments, tax payments, or the payment for
government services.
As with G2C, entrepreneurs in the G2B model provide software or services around the transaction,
rather than providing the actual goods or services.
E-Business Entity model describes the set of business entities involved and the transactional
relationships among them. The model also describes
type of transaction undertaken
sources of revenue
potential benefits accruing to the involved business participants.
E-Business has been primarily classified into four categories based upon the Entities (transaction
parties) involved in a transaction
Consumer to Business
Transaction, originated by the customer with a set of requirement specifications and specific price
for a commodity, service, or item. Responsibility of the business entity to match the requirements of
the consumers to the best possible extent. Consumer-to-Business (C2B) enables a consumer to
determine the price of a product and/or service offered by a company.
Examples: www.Priceline.com, www. ReverseAuction.com
Advantages
Consumers get a choice of a wide variety of commodities and services.
Consumers also get the opportunity to specify the range of prices they can afford or are
willing to pay for a particular item, service, or commodity.
Reduces the bargaining time
Increases the flexibility
E- Government
E-Government may be defined as the integration of information and communication technology, in
public administration, i.e. to various government processes, operations, and structures with the
purpose of enhancing transparency, efficiency, accountability and citizen
participation. It facilitates:
Greater level of efficiency and effectiveness in government activities and process
Enhances quality of public services
Simplifies administrative processes
Improves access to information
Increases communication between various government agencies.
Strengthen support to public policy
Enables seamless government
E-Governance
E-Governance is a broader topic that deals with the whole spectrum of the relationship and
networks within government regarding the usage and application of ICT. It refers to the
development and enforcement of the policies, laws and regulations necessary to support the
functioning of governmental units, while E-Government refers to the use of information
technologies by government agencies.
E-governance is a tool that makes available various government services to citizens in a convenient
way, such as:
Better provision of government services
Improved interaction with different groups
Citizen empowerment through access to information
Efficient government management