B2c e-commerce, Other Subject

What is B2C e-commerce?

Business-to-consumer (B2C) e-commerce or commerce between companies and consumers, includes customers gathering information, information goods (or goods of electronic material or digitized content, such as software, or e-books); or purchasing physical goods (i.e. tangibles such as books or consumer products) and, for information goods, getting products over an electronic network.

It is the second major and the initial form of e-commerce. Its origins can be traced to online retailing (or e-tailing). Thus, the more familiar B2C business models are the online retailing companies such as Drugstore.com, Amazon.com, Beyond.com, Noble and Barnes and Toysrus. Other B2C examples relating information goods are E-Trade and Travelocity.

The more familiar applications of this type of e-commerce are in the areas of purchasing information and products, and personal finance management, which pertains to the administration of personal investments and finances with the make use of online banking equipments (e.g., Quicken).

E-Marketer estimates that worldwide B2C e-commerce revenues will rise from US$59.7 billion in 2000 to US$428.1 billion by 2004. Online retailing transactions make up a most important share of this market. E-Marketer also estimates that in the Asia-Pacific area, B2C revenues, while registering a modest figure compared to B2B, nonetheless went up to $8.2 billion by the end of 2001, with that figure doubling at the end of 2002-at total worldwide B2C sales below 10%.

B2C e-commerce reduces transactions costs (particularly search costs) by increasing consumer access to information and allowing consumers to locate the most competitive price for a service or product. B2C e-commerce also reduces market entry barriers since the cost of maintaining and putting up a Web site is greatly cheaper than installing a "brick-and- mortar" structure for a firm. In the case of information goods, B2C e-commerce is even smarter because it saves firms from factoring in the additional cost of a physical distribution network. Moreover for countries with a robust and growing Internet population, delivering information goods becomes increasingly feasible.

Posted Date: 10/12/2012 6:50:40 AM | Location : United States







Related Discussions:- B2c e-commerce, Assignment Help, Ask Question on B2c e-commerce, Get Answer, Expert's Help, B2c e-commerce Discussions

Write discussion on B2c e-commerce
Your posts are moderated
Related Questions
What is the type of egg in which yolk is absent?

I get an assignment from the university. I have to prepare a report on the topic Subdivisions of forensic science. Can you please assist me for Subdivisions of forensic sciencerepo

thesis statement for policemen of the world

Ancient Art: Since its humble beginnings, art has always been a result of man's intellectual and emotional connection with the world. Its primary aim is to produce a message which

how do you write a profile of someone. please give suitable profile titles. i have to write a profile on bishop poleni. we have never ever written profiles before in class and my e

RISK IN DIGITAL CURRENCY Exchange risk Digital gold currency is a structure of agent money as it openly represents gold metal on drop or in custody, and denominated in un

From the moment a fruit or vegetable was harvested from its parent plant, it underwent a process of aging and eventual decay known as senescence. Senescence was marked by two main

Classical Themes: A main difference among Italian Renaissance art and its predecessor is the alternative of subject matter. While medieval art was completely devoted to religious

your company wins contract , women from your firm will need to live in Saudi Arabia.Is western style clothing acceptable to men?What is the dress expectation for women?Are there an

i need matlab coding for extracting common pixels from images