Question

Explain the most widely used business, models and e-commerce. what

are the major categories? And how do they differ?

Answer 1

The most widely used business model in e-commerce is the B2C model, where businesses sell products or services directly to consumers online. Other major categories include B2B, C2C, and C2B models. These models differ in terms of the target audience, the nature of the transactions, and the relationships between the parties involved.

Step-by-step explanation:

The most widely used business model in e-commerce is the B2C (Business-to-Consumer) model, where businesses sell products or services directly to consumers online. Another popular model is the B2B (Business-to-Business) model, where businesses sell products or services to other businesses. The major categories of e-commerce models include:

• B2C: Business-to-Consumer
• B2B: Business-to-Business
• C2C: Consumer-to-Consumer
• C2B: Consumer-to-Business

These models differ in terms of the target audience, the nature of the transactions, and the relationships between the parties involved. B2C models focus on selling products or services directly to individual consumers, while B2B models involve transactions between businesses. C2C models facilitate transactions between individual consumers, and C2B models involve consumers selling products or services to businesses.