2. General Meaning of Business
Business is the practice of making one's living or
making money by producing or buying and selling
products (such as goods and services).
General Meaning of E commerce
"Ecommerce" or "electronic commerce" is the trading
of goods and services on the internet.
3. Business Model
A business model is the plan or framework that a
company uses to generate revenue and make a profit.
It defines how the company creates, delivers, and
captures value for its customers
4. Different Business Model of E commerce
Business-to-Consumer (B2C):
This model involves selling products or services
directly to consumers through an online store.
Retailers, such as Amazon, Zappos, and Best
Buy, are examples of B2C e-commerce businesses.
5. .
Consumer-to-Consumer (C2C):
This model involves facilitating transactions
between individual consumers through an online
marketplace.
Hamro Bazar, Marketplace are examples of
C2C e-commerce businesses.
6. .
Business-to-Business (B2B):
This model involves selling products or
services between businesses through an online
platform.
Alibaba is best example of B2B e-commerce
businesses.
7. .
Business-to-Government (B2G):
Refers to the use of electronic transactions
between businesses and government agencies.
In this model, businesses offer their products or
services to government agencies through online
platforms.
For example: Small IT business supporting
services to a town government. Boeing company, the
business that builds helicopters, fighter jets, missile
defense systems and surveillance aircraft, etc., for the
U.S. Department of Defense
8. .
Government-to-business (G2B):
In this model, the government provides a platform or
a portal where businesses can access various government
services, such as applying for licenses and permits, paying
taxes, submitting regulatory filings, and accessing
government procurement opportunities.
Business licenses, permits, and regulation updates
and Electronic auctions are its examples