Introduction of E-business

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    DIVYAMBA

    12

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    INTRODUCTION OFE-BUSINESS

    E business iselectronic business,refers to any type ofbusiness that is done

    primarily on theinternet. An exampleof an E business wouldbe a simple websitethat sells a product.

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    E- BUSINESSCONCEPT

    1. E- Business Stands forelectronic business andrefers to any kind ofsales, services,purchasing orcommerce on the

    Internt.2. E-business (electronic

    business) is theconducting of businesson the Internet, not

    only buying and sellingbut also servicingcustomers andcollaborating withbusiness partners

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    TYPES OF E- BUSINESS

    Business tobusiness

    Business toconsumer

    Business togovernment

    Consumer toconsumer

    Consumer tobusiness

    B2G

    B2B

    C2B

    B2C

    C2C

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    Business tobusinessB2B stands for"business-to-business," as inbusinesses doing

    business with otherbusinesses.On the Internet, B2B(business-to-business),is the exchange ofproducts, services, orinformation betweenbusinesses. B2B is e-commerce betweenbusinesses.

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    Business tocomsumerB2B stands forbusiness-to-businesstransaction. In B2B,businesses directly

    sell group of productsand services toanother business.In these case, e-business supplementsthe traditionalcommerce by offeringproducts and servicesthrough Wall martstores etc.

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    Consumer toconsumer

    C2C stands forconsumer toconsumer electroniccommerce. Using C2C,consumer sell directlyto other consumerusing the webtechnologies.

    Individuals sell a widevariety of productsthrough sites such asEbay.com.

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    Business togoverment

    B2G stands forBusiness togovernment its aderivative of B2Bof marketing . Its awebsite used bygovt. to exchange

    the informationand trade withvarious organistionacross the world.

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    Consumer tobusiness

    C2B stands consumerto business thatinvolves individuals

    selling to businessmay be include aservices products thata consumer is willingto sell individualsoffer certain pricesfor specific product /services.

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    ADVANTAGES AND DISADVANTAGES

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    Advantages of e-business

    Reduce cost 24 hour access Quicker delivery

    More choices Low cost

    advertising

    Improved image Improved

    customer service

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    Disadvantagesof e- business

    Privacy andsecurity

    Delivery

    Socialinteraction Return of

    goods Inspecting

    good

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    E-Business framework E-business adoption strategy and direction

    Vision must be communicated to all stakeholders The interaction among stakeholders

    Smaller network, more flexible organizations, shiftingpriorities and roles

    Information system and technology infrastructureMechanism to improve, enrich, change, and deepenrelationships with key stakeholders

    CultureNeed to adapt the new way, will impact on rules, belief,norms, and behaviours

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    E-business category E-Bank E-Trade E-consulting E-engineer E-learning E-mail E-marketing E-transactions

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    MAJOR PLAYERS

    http://www.etrade.com/cgi-bin/gx.cgi/applogic+Homehttp://www.sabre.com/http://www.ebay.com/
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