Starting an E Commerce Business

E-business occurs when a company has established critical business procedures and activities to support e-commerce transactions. Using this definition, e-commerce is part of e-business--a company needs e-commerce to implement e-business. Utilizing e-commerce, however, does not mean that a company has transformed into an e-business. E-business is implemented only when a company changes its internal procedures to take advantage of the e-commerce technologies. Interest in the evolution ("e-volution") of e-commerce into e-business is a growth field. With the early November announcement that GM and Ford were forming online marketplaces for their suppliers, they placed themselves at the center of new e-business ecosystems that will transform their entire way of doing business. Many firms are increasingly discovering opportunities to move away from simply selling products on the Internet to being able to reinvent their conventional supply chains (as in the auto makers' case) and to being able to offer custom-built products (as Dell Computers does now).

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Business-to-business electronic commerce - Business-to-business electronic commerce (B2B) typically takes the form of automated processes between trading partners and is performed in much higher volumes than business-to-consumer (B2C) applications. For example, a company that makes chicken feed would sell it to a chicken farm, another company, rather than directly to consumers.

Business-to-exchange electronic commerce - Business-to-exchange electronic commerce networks (B2X) connect businesses to B2B sites and services. This allows a business to evaluate many alternative B2B services for an optimal solution or price.

Business-to-consumer electronic commerce - Business-to-consumer electronic commerce (B2C) is a form of electronic commerce in which products or services are sold from a firm to a consumer.

Business-to-government electronic commerce - Business-to-government e-commerce (B2G) networks allow businesses to bid on government RFPs in a reverse auction fashion.

startinganecommercebusiness

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Starting an E Commerce Business - Starting an E Commerce Business Business-to-business electronic commerce - Business-to-business electronic commerce (B2B) typically takes the form of automated processes between trading partners and is performed in much higher volumes than business-to-consumer (B2C) applications. For example, a company that makes chicken feed would sell it to a chicken farm, another company, rather than directly to consumers. Business-to-exchange electronic commerce - Business-to-exchange electronic commerce networks (B2X) connect businesses to B2B sites and services. This ...

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