What is E-Commerce Models

What is E-Commerce Models?

Introduction:-

                            E-commerce is use of internet and web to transact business but when we focus on digitally enabled commerical transactions between and among organizations and involving information system under the control of firm it take the form of e-business.

Business Models:- 

                                             A business model is the methods of doing business by which a company can sustain it self ,that is generate revenue .
some model are quite simple . a company produces goods and services and sells it to customer .it all goes well, the revenues from sales exceed the cost of operations and company realise profit.
  • E-business Model Based on The Relationship Of Transaction parties:- 


                                                                 For our Understanding,e-commerce can be defined as any from of business transaction in which the parties interact electronically .a transaction in an electronic market represents a number of interactions between parties
-> It could  involve several trading steps such as:-
1. Marketing
2.Ordering
3. Payment
4.support for delivery
Fig.-Represent of Electronic market

-> An electronic market allows the participating sellers and buyer to exchange goods and services. with the aid of information technology.
Electronic market have three main functions are:-
1. Matching buyer and sellers
2. Facilitating commercial transaction
3. Providing legal infrastructure
                       Information technology permeates all the three functions and also helps to increase market efficiency and reduce transaction cost.
The interaction between participants is supported by electronics trade processes that are basically:-Search,valuation,payment and settlement ,logistics and authentication .

  • for example:-B2C, C2C, C2B,B2B, B2G, G2C etc.

Other Models:- 

                                   Other models can be more intricately woven .radio and television broadcasting is good example . the broadcaster is part of  complex network of distributors,contents creators,advertiser and listeners nor viewers.

  • E-business Model Based on The Relationship Of Transaction Types :-     

                     E-commerce can be formally defined as technology mediated exchange between parties (individuals,organisations or both) as well as the electronically based intra-or inter-organisational activities that facilitate such exchanges.

  • For example :-Brokerage,Aggregate, Info-Mediary, Community, Value Chain etc. 
  • E-Commerce Notes


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