Consumer To Business Under E Commerce example essay topic

The short form of electronic commerce is E-commerce. This is a modern business technology. By the internet this business & transaction carry out. Indeed, electronic commerce is a digital data processing & transmission process where person's or organization's business interchanges process.

Generally this process will performed by an open network system (internet). This is true that, by internet book, computer etc sales are very attractive in media world. But actually in electronic commerce most of the products are invisible. For example, travel service, software, entertainment, banking, insurance, information service, law consult, health care, education, research & government service etc. Origin of e-commerce: For technological development e-commerce has invented. We have discussed this matter below.

Electronic data interchange (EDI): At the end of the 1970 & beginning of 1980 for information exchange & business operation private network organizations begin to using EDI. For example, we can say, with the help of EDI between producer & supplier automatically can give purchase order. Personal computer: using of personal computer comprehensive corporate worker & home user can motivate the processing skills. Networking technology: Networking technology such as, local area network, wide area network (LANs & WANs) build up a communication structure.

From different place situated in different computer system we use TCP / IP protocol for making electronic communication system. Graphical user interface (GUIs): Graphical user interface (GUI) has brought new revaluation. As a result using of computer has become so easy & it increase enthusiasm of users to use it. Internet web development & commerce tax: World Wide Web development & implementation collecting information from internet has assembled a strong media. For business & consumer internet is using commercially. & with the help of this developed & extended communication structure has built up. And this is gradually transforming as e-commerce.

Present communication structure of E-commerce: Generally we build communication in internet throughout telephone line. But present telephone system was prepared for bearing only voice, not for bearing the data. Proper development needed for this system. Currently most consumer using normal telephone line for communicates with network. For this reason 60% of internet expense is coming from telephone charge.

Broaden of electronic commerce depend on speed of data transmission & reducing internet charge. For encourage network development we have to free & increase competition. This is the only way to extend the e-commerce. With voice telephone we can build network for different users. & it will encourage the competitors. Recently, we can connect with internet without any telephone line.

In this system, computer is connected with dish television cable & then we can connect with internet. For this reason in future e-commerce will be able to enhance broadly. To employment, progress & business persuade: By economics development e-commerce can increase the assets. But we should make the balance economical structure. Such as, in e-commerce retails & wholesales business employment will misplace from their work. But from sensible experience we can see, by changing the old tradition always new & dexterous employment has twisted.

In earlier times e-commerce has created many dexterous employments & this figure will increase in future. In this matter hasn't any polygamy. The maintenances of the business expenses will decrease from current business maintenances policy by network. For this improvement & best quality product & for best service e-commerce related business organization is increasing day by day. The prospective future of e-commerce: The main important things of e-commerce is that it has reduced manufacturer & consumers economical distant dramatically. Now consumer can buy the product directly without the help of retailer & wholesaler.

Consequently they are getting profit. For example, advancement information services, cheap exchange rate, according to individual consumer's personal require goods they are getting products, which can't touch (such as software) in this types of product instantly delivering by digital form process. E-commerce has brought many advantages for vendor. Product manufacturer are easily entering in the international market.

Business man can save a large amount of money because there hasn't any obligation of store or shop reservation. For example, from a statistical report, we have seen that exchange penalty through internet where 0.20 to 0.50 us dollar, there are currently this expense expenses 5 dollar & by retailer expenses is 15 dollar via telephone its. But, as e-commerce is not only generate many new facilities but also making competitor. Classification of e-commerce: Business to consumer (B 2 C) Business to business (B 2 B) Consumer to business (C 2 B) Consumer to consumer (C 2 C) Business to consumer (B 2 C): Business to consumer correlated business is known as B 2 C. In 1992 has started using the internet as business interrelated work.

After this B 2 C interrelated business is increasing constantly. In this system consumer buy a product directly from any business & manufacturer. That's mean if any consumer buys any product via this system; these types of exchange will reckon as E-commerce. Business to consumer system is called buyer paradise kingdom, I mean, they can buy any produce by clicking on mouse. One buyer instantly can accomplish in European, American or any countries market of the world.

Number of consumer & internet related business organization is increasing incredibly. There are sort of chance for buying products in cheap rate, according to the consumer demand product selecting facility, instant order & delivery service day by day attracting the consumer in e-commerce. Consequently, consumer buying product & money exchange, service, supply etc many things have ongoing in e-commerce. But this system is not very rewarding for manufacturer. If manufacturer increase any products rate then they will lose customer. Generally super market follows business to consumer system.

For this business they need adapt delivery system, that buyer can instantly get their product according to order. Business to Business (B 2 B): Business to business e-commerce performed between more than one business organizations. This is same as current business scheme where business organization performs exchange between wholesaler / buyer. Here business organization, supplier or products manufacturer involve. That means it is integrated in e-commerce up to product sales to the potential consumer. Most of the business organization has diversified into B 2 B business because there has comprehensive opportunities.

Since e-commerce where extend his most sector. the percentage of B 2 B sector is now enormous. Business organizations are making business relation easily & hastily by using internet & website. Consequently, they are selling / buying product frequently. To establish physically a business partnership between two organizations of two countries is so expensive & time consuming process. But internet has created this process very cheap & flexible. Now they can contact with any business organization easily by using internet.

For this reason it is attracting the new business organization. Every year research organization is growing up 50% under e-commerce. In future any types of foreign trade such as, Bangladeshi tea, fish, garments etc every product need to involve into e-commerce. In developed country 80% electronics business is performing under B 2 B. For this reason, business relation is developing between supplier & manufacture. Consumer to business (C 2 B): There are some businesses that they exchange directly from consumer.

These kinds of exchange include into consumer to business under e-commerce. For example, assume that, any organization of movie viewer if say to the cinema hall owner that they can supply more viewer in cheap rate ticket. In this care if hall owner accept this type of propose then it will go on C 2 B business. In this case consumer can directly offer to the business organization.

A great example of this kind of e-commerce is web They invite sort of air line company to visit their website. Eventually they can determine the travel ticket rate of different cities. If any airline agrees to issue a ticket then they take the help of priceline. com. Consumer to consumer (C 2 C): There are other types of e-commerce business that is called consumer to consumer or B 2 B. In this type of business hasn't any middleman. Merely this business performed between consumers to consumer.

For example, if we open any papers page then you will see that there is one kind of businessman that they buy & sell mobile phone. If you make any webpage for buying users old mobile then you can give there a option for it, and if you sale this mobile phone which one you were bought it will be go on C 2 C e-commerce. Worldwide e-commerce: in developed country if any consumer wants to buy any product, first they inquire about this product by internet. Now it is a habituate matter which is spreading worldwide.

We can say more specifically, current world trade system is changing rapidly. It has possible only for development modern of technologies. This new modifying technology will control e-commerce. Now approximately 32 core people search website to buy their potential product. From statistical report, in 2004 the amount of e-commerce will be 450 billion dollar. The user's number of e-commerce is increasing rapidly.

In 1999 American citizen has bought 15 billion dollars goods by internet. R. Jef Base he is a famous writer in USA. He has started the book sale by internet from 2 years ago. In his first year he has sold many books which's rate was 1 core & 60 lacks dollars. According to R. Jef Base many famous American book shop is now selling their book on online. Now they are assuming that, now American 40% book will sell by internet. Our neighbor country India & Pakistan has taken proper step for sealing book in this way.

In internet trade they are now in very forth than us. They have successes in export trade by using information super high way. In this matter we can discuss some specific information of e-commerce. & we will able to know the increasing tradition of e-commerce. In 1998 amazon. com has started their business by few hundred of worker. & they have sold 1 million dollar rate's book. In 1999 their percentage of book selling was 15 core dollars. For this successful performance the Time news paper has given "Man of the year" ward in 1999.

Presently American 20% car is selling by internet. Now they don't go directly to the shop. Dell computer company everyday 1 million dollars computer is selling by website. Their web address is web They are hoping that, this year (2004) they will able to sell 50% computer by e-commerce. "Schwab & company" is an American share brokering company has bought & sold 4 billion dollars securities in 4 week.

Since 4 years before American 1/4 people used internet. Now this figure has increased in 25%. Very small countries like Finland, its 60% people are now using internet. Now we can look at the Bangladesh. In Bangladesh the internet user is increasing day by day. Now at Dhaka 60% students are using internet for getting information from internet.

Currently internet has gone in our countryside area too as metropolitan. The great new is that, some internet shopping service company already giving their service at Dhaka. & I am convinced that, this figure will increase in to 90% in 2005. & peoples of Bangladesh will take the internet opportunity as reliable media. To sum up, conclusion can be drawn below- According to my knowledge e-commerce is more developing in worldwide. & its user is increasing dramatically. According those information & data we can draw the potential future of e-commerce. We hope that modern world will be global e-commerce world.