Download Electronic Commerce Seventh Annual Edition by Gary P. Schneider PDF

By Gary P. Schneider

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However, between 2000 and 2003, more than $200 billion was invested in purchasing electronic commerce businesses that were in trouble and starting new online ventures, according to industry research firm WebMergers. This second wave of financial investment has not been reported extensively in either the general or business media, but it is fueling a rebirth of growth in online business activity. After seeing so many news stories during the period from 2000 through 2002 proclaiming the death of electronic commerce, many people are surprised to learn that the growth Introduction to Electronic Commerce 36865_01 12/2/2005 14:52:53 Page 10 10 in online B2C sales had continued through that period, although at a slower pace than during the boom years of the late 1990s.

For example, the CAL-Buy site makes it easy for businesses to conduct online transactions with the state of California. In this book, B2G transactions are included in our discussions of B2B electronic commerce. Figure 1-2 summarizes these five categories of electronic commerce. Category Description Example Business-to-consumer (B2C) Businesses sell products or services to individual consumers. com sells merchandise to consumers through its Web site. Business-to-business (B2B) Businesses sell products or services to other businesses.

In this book, C2C sales are included in the B2C category because the person selling the item acts much as a business would for purposes of the transaction. Finally, some researchers also define a category of electronic commerce called business-to-government (or B2G); this category includes business transactions with government agencies, such as paying taxes and filing required reports. An increasing number of states have Web sites that help companies do business with state government agencies. For example, the CAL-Buy site makes it easy for businesses to conduct online transactions with the state of California.

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