B2B E-Commerce Chapter 2 Learning Objectives
Author : giovanna-bartolotta | Published Date : 2025-05-16
Description: B2B ECommerce Chapter 2 Learning Objectives Describe the B2B field Describe the major types of B2B models Discuss the characteristics of the sellside marketplace including auctions Describe the sellside models Describe the
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Transcript:B2B E-Commerce Chapter 2 Learning Objectives:
B2B E-Commerce Chapter 2 Learning Objectives Describe the B2B field. Describe the major types of B2B models. Discuss the characteristics of the sell-side marketplace, including auctions. Describe the sell-side models. Describe the characteristics of the buy-side marketplace and e-procurement. Explain how reverse auctions work in B2B. Describe B2B aggregation and group purchasing models. Describe other procurement methods. 1 Concepts, Characteristics, and Models of B2B E-Commerce Business-to-Business E-commerce (B2B EC) Transactions between businesses conducted electronically over the Internet, extranets, intranets, or private networks; also known as eB2B (electronic B2B) or just B2B. BASIC TYPES OF B2B TRANSACTIONS AND ACTIVITIES Sell-side: one seller to many buyers. Buy-side: one buyer from many sellers. Exchanges: Many sellers to many buyers. Supply chain improvements and collaborative commerce: including additional activities such as ,communicating, sharing information for joint design. 2 3 4 Concepts, Characteristics, and Models of B2B E-Commerce THE BASIC TYPES OF B2B 1-Private E-Marketplaces 2- Many-to-Many: Exchanges 3- Supply Chain Improvers and Collaborative Commerce 5 THE PARTIES OF B2B 1-Seller 2-Buyer 3-Intermediary THE TRANSACTIONS OF B2B 1-Spot 2-Strategic THE MATERIALS TRADED OF B2B 1-Direct 2-Indirect 3-MRO THE DIRECTION OF TRAD OF B2B 1-Vertical 2-Horezontal Concepts, Characteristics, and Models of B2B E-Commerce THE BASIC TYPES OF B2B 1- One-to-Many and Many-to-One: Private E-Marketplaces company-centric EC E-commerce that focuses on a single company’s buying needs (many-to-one, or buy-side) or selling needs (one-to-many, or sell-side) Example 1-A pharmacy buys a medications from different online drug companies . 2-Heinz selling ketchup to the fast food restaurants 6 Concepts, Characteristics, and Models of B2B E-Commerce 2 Many-to-Many: Exchanges exchanges (trading communities or trading exchanges) Many-to-many e-marketplaces, usually owned and run by a third party or a consortium, in which many buyers and many sellers meet electronically to trade with each other public e-marketplaces Third-party exchanges open to all interested parties (sellers and buyers) 3 Supply Chain Improvers and Collaborative Commerce 7 Third-party called also intermediary Concepts, Characteristics, and Models of B2B E-Commerce B2B CHARACTERISTICS Parties to the Transaction: Sellers, Buyers, and Intermediaries B2B commerce is conducted directly by customer and manufacturer OR through online intermediary. online intermediary An online third party that brokers a transaction online between a buyer and a seller; may be virtual or click-and-mortar 8 Concepts, Characteristics, and Models of B2B E-Commerce Types of Transactions spot buying The purchase of goods and services as they are needed, usually at prevailing market prices Example : buying fire