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What is e-business?
E-business is an acronym for 'Electronic

BUSINESS.'

The term "e-business" was coined by IBM's

marketing and Internet teams in 1996.

Why E-business
Lack of time at consumers Flexibility in timing Easy delivery at door steps Planning for payments Safe transactions

Advantages of E-Business:World Wide Presence for the Firm Cost Effective Marketing & Promotions Better Customer Service

Disadvantages of E-Business:Lack of universally accepted standards of quality, reliability and security Lack of universally accepted standards of quality, reliability and security Perception of people.

 Types of E-Business: Business-to-business (B2B)

e.g- An Automobile manufacturer.

Business-to-consumer(B2C)
Example: Amazon, Pennyful and eBay

Business-to-employee (B2E)
Examples :Online insurance policy management
Corporate announcement dissemination Online supply requests Special employee offers Employee benefits reporting

Government-to-Business (G2B)
Examples:Applying for permits. Searching real estate parcel records.

Paying property tax.

Utility bills.

Consumer-to-consumer (C2C)
Example:- E-bay

Consumer-to-business (C2B)
Example:- For example, when a consumer writes reviews, or when a consumers gives a useful idea for new product development, then this individual is creating value to the firm, if the firm adopts the input.

Benefits of E-Business
Global Reach:- Goods and services can be sold to customers worldwide. Personalization:- Companies can customize products and reduce inventory. Interactivity:- Customers and suppliers can negotiate prices online. Cost savings:- E-business can reduce costs.

E-Business
Naukri.com

E-business
Web
Universal Access lStandards
l

e-business = Web + IT

e-business
Using internet technologies to transform key business processes

IT
Data lApplications lCore business processes lReliability, security
l

and availablitiy

E-business Models in Naukri.com

B2B
B2C

CONSUMERS

BUSINESS

Naukri.com