The most searched questions on Google on a daily basis (website development companies in Dubai) so we find huge sector of individuals, merchants and business owners eager to search and learn about the basic types of e-commerce to kick start their website in Dubai.
This article will sum up all your questions to make it easier for you to choose the right ecommerce type to start selling online and find the best website development company in Dubai, so let’s…
E-commerce customers can make purchases from their computers as well as other touch points, including smartphones, smart watches, and digital assistants, such as Amazon’s Echo devices.
In B2C and B2B sectors, the goal of most companies is to enable customers to buy anything they want, anytime, anywhere, using any digital device.
- Business to Business (B2B):
The meaning of e-commerce for business is clear from its name itself. In business to business (B2B) e-commerce, the transaction takes place between two companies. Where a company sells products or services to another company.
This type of e-commerce business transaction is conducted to reduce business expenses on a single business. Take, for example, Blake Envelopes. This B2B e-commerce business website provides you services to design envelopes for your business.
- Business to Consumer (B2C):
Business-to-consumer (B2C) is the most popular type of e-commerce. In this business, one party is a company that sells products and services to another party that is a consumer.
Amazon.com is one of the most famous examples of a B2C e-commerce business, where the company sells products through the website and app directly to the end consumers.
- Consumer to Consumer:
In this type of e-commerce business, both parties involved in a business transaction are consumers which means that the consumer is the seller of a product or service, and the other consumer is the buyer.
The most famous example of this type of e-commerce is OLX. To sell a product on the OLX platform, it is required to create an account on the app or website and post details like product price, product features, product images, etc.
Along with contact details so that people who want to purchase this product can reach you. People can negotiate the price of the product in person or over the phone and this way they can sell the products.
- Consumer to Business (C2B):
This type of e-business is the opposite of the business-to-consumer (B2C) type of e-business. In this business, consumers develop products and sell them to businesses or provide their services to businesses. Companies pay consumers for their services and products.
This is an example of an innovative type of e-commerce business. Let’s understand with the help of some examples that you may also come across or you may have also participated in it.
How often do you read product reviews before buying it? How many times have I reviewed the product I purchased online?
There may be a significant difference between the number of both answers. Companies know that people read reviews before buying products. Therefore, they pay people like you and me to write positive reviews about their products and to give a good rating.
This helps them with the sales of their products and the people who write reviews help them earn money for their services. Similarly, many companies introduce their new products to people and ask them to provide feedback after using these products in exchange for money or rewards.
- Government to Company (G2B):
This type of e-commerce business is when one of the parties involved in the business transaction is the government or official authority, and the other party involved in the business transaction is businesses or institutions.
G2B business occurs when a company uses and pays for products and services sold by the government. For example, online businesses are required to pay internet tax for using the internet to sell goods and services and run their business.
- Company to Government (B2G):
This type of e-commerce business occurs when a government entity uses the business’s products or services. This type of business transaction is very common. For example, when a government agency uses the online platform to promote its cause.
The government uses a popular platform like Facebook, Instagram or Twitter to promote their cause and to reach the public or when the government hires a web designer to design its official website or when the government uses the internet services provided by a company to run it daily. work.
- Consumer to Government (C2G):
This type of e-commerce takes place between the consumer and the government where the consumer provides the products and services they have developed to the government. We all engage in this type of business transaction in our daily lives.
For example, you are in government e-commerce business when you pay income tax, pay for traffic ticket, pay property tax, etc.
As you can see, the types of e-commerce can be divided into seven types, but in general the most prevalent types of e-commerce are: business to consumer, business to business, government to business, and business to government.
Don’t just sell on Facebook and Instagram, build an online store now to deliver your products to more than 2 billion digital shoppers around the world.