1.2.3 Classification of electronic commerce Business-to-business(B2B): EC model in which all of the participants are businesses otner organizations Business-to-consumer(B2C): EC model in which businesses sell to individual shoppers Business-to-business-to-consumer(B2B2C): EC model in which a business provides some product or service to a client business; the client business maintains its own customers, to whom the product or service is provided Consumer-to-business(C2B): individuals who use the Internet to sell products or services to organizations and /or seek sellers to bid on products or services they need Consumer-to-consumer(C2C): consumers sell directly to other consumers Mobile commerce(m-commerce): EC transactions and activities conducted in a wireless Location-commerce-(I-commerce ): m-commerce transactions targeted to individuals in Intrabusiness(organizational) EC: EC category that includes all internal organizational activities that involve the exchange of goods, services, or information among various units and individuals in an organization Business-to-employee(B2E): EC model in which an organization delivers services, information, or products to its individual employees Collaborative commerce (c-commerce): EC model in which individual or groups communicate or collaborate online E-government: Government-to-citizens(G2C): EC model in which a government entity buys or provides goods, services, or information to businesses or individual citizens Exchange(electronic): a public e-market with many buyers and sellers Exchange-to-exchange(E2E): EC model in which elect to one another for the purpose of exchanging information 1. 2. 4 Benefits and limitations of electronic commerce 1. The benefits of EC: Benefits to Organization Expands the marketplace to national and international markets. Decreases the cost of creating, processing, distributing storing and retrieving paper-based information Allows reduced inventories and overhead by facilitating pull-type supply chain management com he pull-type processing allows for customization of products and services which provides petitive advantage to its implementers Reduces the time between the outlay of capital and the e receipt of products and services Supports business processes reengineering(BPR)efforts Lowers telecommunications cost- the Internet is much cheaper than value added networks 2. The benefits of ec: Benefits to consumers al/mo Enables consumers to shop or do other transactions 24 hours a day, all year round from st any location Provides consumers with more choi Provides consumers with less expensive products and services by allowing them to shop in many places and conduct quick comparisons proof. llows quick delivery of products and services(in some cases)especially with digitized cts Consumers can receive relevant and detailed information in seconds, rather than in days or Makes it possible to participate in virtual auctions Id Allows consumers to interact with other consumers in electronic communities and exchange asas well as compare experiences Facilitates competition, which results in substantial discounts1.2.3 Classification of electronic commerce ▪ Business-to-business (B2B): EC model in which all of the participants are businesses or other organizations. ▪ Business-to-consumer (B2C): EC model in which businesses sell to individual shoppers. ▪ Business-to-business-to-consumer (B2B2C): EC model in which a business provides some product or service to a client business; the client business maintains its own customers, to whom the product or service is provided. ▪ Consumer-to-business (C2B): individuals who use the Internet to sell products or services to organizations and /or seek sellers to bid on products or services they need. ▪ Consumer-to-consumer (C2C): consumers sell directly to other consumers. ▪ Mobile commerce (m-commerce): EC transactions and activities conducted in a wireless environment. ▪ Location-commerce—(l-commerce): m-commerce transactions targeted to individuals in specific locations, at specific times. ▪ Intrabusiness (organizational) EC: EC category that includes all internal organizational activities that involve the exchange of goods, services, or information among various units and individuals in an organization. ▪ Business-to-employee (B2E): EC model in which an organization delivers services, information, or products to its individual employees. ▪ Collaborative commerce (c-commerce): EC model in which individual or groups communicate or collaborate online. ▪ E-government: Government-to-citizens (G2C): EC model in which a government entity buys or provides goods, services, or information to businesses or individual citizens. ▪ Exchange (electronic): a public e-market with many buyers and sellers. ▪ Exchange-to-exchange (E2E): EC model in which electronic exchanges formally connect to one another for the purpose of exchanging information. 1.2.4 Benefits and limitations of electronic commerce 1. The benefits of EC: Benefits to Organization Expands the marketplace to national and international markets. Decreases the cost of creating, processing, distributing, storing and retrieving paper-based information. Allows reduced inventories and overhead by facilitating pull-type supply chain management The pull-type processing allows for customization of products and services which provides competitive advantage to its implementers. Reduces the time between the outlay of capital and the receipt of products and services. Supports business processes reengineering (BPR) efforts. Lowers telecommunications cost - the Internet is much cheaper than value added networks (Vans) . 2. The benefits of EC: Benefits to consumers Enables consumers to shop or do other transactions 24 hours a day, all year round from almost any location. Provides consumers with more choices. Provides consumers with less expensive products and services by allowing them to shop in many places and conduct quick comparisons. Allows quick delivery of products and services (in some cases) especially with digitized products. Consumers can receive relevant and detailed information in seconds, rather than in days or weeks. Makes it possible to participate in virtual auctions. Allows consumers to interact with other consumers in electronic communities and exchange ideas as well as compare experiences. Facilitates competition, which results in substantial discounts