Page 55 - Trackpad_V2.1_class8
P. 55
Business-to-Consumer (B2C)
When a website is established by a company to sell its products and services to consumers, it is
known as the business-to-consumer (B2C) model of e-commerce.
Example: www.amazon.in, www.voltas.in
Consumer-to-Consumer (C2C)
There are various websites that allow buying and selling between the consumers. They offer online
auctions where one can buy and sell products.
Example: www.quikr.in, www.olx.com, etc.
uiz Bee Which type of company sells its product to customers?
_________________________________________________________________
APPLICATIONS OF E-COMMERCE
Some of the main applications of E-commerce are e-shopping, e-banking and m-commerce.
E-Shopping
Shopping on the Internet is called e-shopping. A customer surfs many e-commerce websites and
selects a product of his/her choice. Once the product is selected, the customer proceeds to order
Latest IT Trends 53

