Take a Deep Dive Into the 6 Types of eCommerce

While it’s true that B2B audiences are more professional than their B2C counterparts, this doesn’t mean that your campaigns have to be overly serious or bland. Sign up to stay updated with all new marketing content, latest Iterable blog posts and more. You can change your settings at any time, including withdrawing your consent, by using the toggles on the Cookie Policy, or by clicking on the manage consent button at the bottom of the screen.

1. G2C e-commerce is a way for government agencies to provide goods or services directly to consumers.
2. We’ll also talk about the online marketing services and platforms that powered these campaigns and share best practices that you can use in your own efforts.
3. While this option is not as profitable, it’s a great way to start building experience.

Its high-performance processors and chipsets cater to a wide range of industries, including computer manufacturers, data centers, and IoT devices. Intel’s consistent focus on research, development, and product advancements has solidified its position as a reliable partner for businesses seeking cutting-edge technology solutions, contributing to its ongoing success in the B2B market. International Business Machines Corporation (IBM) is a renowned B2B technology company, offering a diverse range of services, including cloud computing, AI solutions, and enterprise software. Additionally, IBM’s long-standing reputation for reliability, global reach, and strong customer relationships has positioned it as a trusted partner for businesses worldwide, contributing to its sustained success in the B2B market. It provides the tools of e-bidding, reverse e-auction and demand aggregation to help governments achieve the best value for their money and hence, use taxpayers’ money efficiently. GeM also provides the buyers with an option to select only MSMEs and choose a seller from amongst them.

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This has helped buyers in significantly increasing share of MSME purchases in their overall procurement of goods and services. The selection criteria for public buyers to opt for a particular supplier vary from that of a private sector. Often, to be eligible for selection, suppliers must keep abreast of requirements in terms of prices, quality, ethical standards, and financial stability as these are vital criteria.

Also, government officials have updated their skills and are working professionally for a smoother execution. Recently awareness has focused on how urgent it is for state governments to improve their ease of doing business, as many across the world look to India as a future partner. Different states have implemented reforms to make the processes easy for business and speeding up clearances for pending projects. This has also generated enthusiasm within states themselves to invite more development investments. At the federal level, the General Services Administration (GSA) is the government’s official buying arm, developing and implementing regulations on a vast array of products and services purchased for the U.S. government. B2B business can be as modest as a small business providing IT support services to a town government.

B2G Marketing

Since inception, GeM has been able to achieve significant scale in operations and has taken many strides towards optimizing the operations on the platform. It has already achieved a cumulative GMV of close to 4 bn GBP, and is expected to grow 10X over the next 2 years. In the long run, over next 5-7 years it is expected to achieve its potential GMV of ~ 90 bn GBP equivalent to 4-5% of India’s GDP. The Small Business Administration (SBA) offers an online guide to help small businesses win federal contracts.

Both can be lucrative pathways, but your strategy will depend on your products and customers, so consider them carefully. We’ll also explore the five primary delivery models that you’ll need to consider when launching or expanding your online store. If you have any problem related to ecommerce, you can contact us- BSS is one of the best ecommerce solution provider , including Magento 2 extensions, Magento development, Shopify.

[5] Procurement for all World Bank funded projects in the country has now also been enabled on GeM. Construction and infrastructure companies are two sectors that have relied on contractual work with state and local governmental agencies. Contractors are often consulted for new office buildings, landscape development, road repairs or construction.

What are the B2C, B2B, & B2G, C2C, C2B, G2B & G2C, B2G & C2G Business types of E-commerce? Explanation with Examples

Businesses that leverage wholesaling manage all parts of delivery aside from the manufacturing of the product. With wholesaling, you order goods directly from the supplier and are responsible for warehousing, inventory management, stocking, tracking customer orders, and shipping. Wholesale eCommerce is most common in the B2B space, but can also be leveraged as part of a B2C eCommerce strategy. Once you determine which model best fits your business, the next step is to identify the delivery method that will meet your needs and requirements. After all,, only some businesses manufacture their own products or maintain their own inventory and warehouses. Senseware is an example of a B2G company because they provide agencies with a full-stack IoT platform, capturing real-time energy submetering, IAQ, and HVAC operational data.

Startup products and services up to a ceiling of Rs 20 lakh can be directly procured and from Rs 20 lakh to Rs 1 crore can be procured through a limited tender among the startups. The Kerala government has the ‘Government as a Marketplace’ scheme, which enables startups to sell their products to government departments. Through the summit, startups can also learn about the best startup procurement practices in India adopted by various state governments and PSUs,” he added. The B2G summit, christened ‘Public Procurement Summit 2022’, is a Kerala Startup Mission (KSUM) initiative and will be held in the Kerala capital of Thiruvananthapuram on April 26. The B2G summit is expected to set the stage for startups to interact with government and public sector undertakings (PSUs) and understand the latter’s requirements. In 2020, Tech Bharat held their first start-up conclave, Tech Bharat 2020, to connect and create a platform to build opportunities in private, manufacturing and government sectors.

Its user-friendly interface, real-time insights, and customizable features make it a valuable tool for businesses looking to enhance their customer experience and drive growth. Business-to-government e-commerce refers to commerce between businesses and the public sector. Generally, it involves the use of the internet for public procurement, b2g examples in india licensing procedures, and other government-related processes. For example, every year a business is expected to pay taxes, file reports, or sell goods and services to government agencies. Business to Government (B2G) refers to when a business sells products, information, or services to federal, state, or local government agencies.

Riskpulse is used in different industries, including healthcare, transportation, energy, and defense. C2C e-commerce also allows consumers to easily compare prices and find specific items they are looking for. For example, consumers can use online marketplaces like eBay or Etsy to search for and compare different products and prices. C2C e-commerce is a popular way for individuals to sell items they no longer need or use, such as clothing, electronics, or furniture. It is also a way for individuals to sell products or services they have created, such as handmade crafts or digital products. One of the main advantages of B2C e-commerce is the convenience it offers to consumers.

C2B e-commerce is a way for consumers to sell their expertise or services to businesses. For example, a consumer might sell their marketing skills to a business, or sell their product ideas to a manufacturer. It is also a way for consumers to sell products or services they have created, such as handmade crafts or digital products. GeM or Government e‑Marketplace, an online procurement platform, is the most widely used method for public procurement in India. MSMEs and startups, as well as small to medium companies can register as vendors and offer their services or products directly to government appointed personnel. GeM has launched GeM Startup Runway, an initiative allowing startups to reach out to government buyers by offering innovative items with unique process, design and functionality aspects.

Meanwhile, for the private companies, it is a way to increase their revenue and profits. The software for the e-market platform is mainly used by procurement officers in central and state government departments. These officers are extensively https://1investing.in/ trained by the training team at GeM, the National Institute of Financial Management (NIFM) and National e-Governance Division (NeGD). For them, the portal provides an opportunity to scale up their business and increase sales.

This can lead to a steady stream of work and further broaden the agency’s clientele. Archer Soft is an electronic services company providing digital data conversion solutions for healthcare, automotive and the financial sector. The company also includes software architecture and features development services. Unlike other sales models, the B2G ecommerce model is complex and requires strict compliance with business laws and conditions due to government agencies’ supervision and intervention.