Ecommerce Terms Explained by Global Web

With the explosion of e commerce and the proliferation of e commerce-oriented businesses and organizations, it's crucial that individuals understand the basic structures of common e-commerce models. Global Web, a top online payment processing firm, explains these relationships below.

These days, more and more products and services are being sold and bought online. Indeed, ecommerce, or online commerce, has become more ubiquitous than ever before, with millions of transaction being executed over the internet each day throughout the globe. Here, Global Web, a company which specializes in online payment processing, explains the key types of e commerce relationships we see today.

• B2C--Business-to-Consumer: In this kind of ecommerce structure, company’s advertise and sell to consumers. A clothing company that has an online store exemplifies a B2C ecommerce structure.
• B2B--Business-to-Business: In the case of B2B e commerce, a business advertises and sells a product or service that would be utilized by another company, rather than by a consumer. Global Web, for example, functions within the B2B framework, providing other businesses with outstanding payment processing services.
• C2C--Consumer-to-Consumer: C2C e commerce involves an exchange of goods and services between consumers themselves. Ebay, of course, is a famous example of C2C commerce.  
• P2P--Peer-to-Peer: In a P2P relationship, peers connect to one another via a computer-based system on the internet. Rather than taking on seller-buyer roles, individuals share data in a decentralized manner. A famous example of a P2P

structure is Napster.

Thus, there are several types of relationships in the world of ecommerce: Business-to-Consumer, Business-to-Business, Consumer-to-Consumer, and Peer-to-Peer. Depending on the type of ecommerce structure one operates in, companies, organizations or individuals will need to determine how to to appeal to their audience, and how to manage their payment processing accordingly. Global Web, with six years of experience operating in the payment processing field, supports merchants within the framework of a B2B structure, providing them with unbeatable security measures at every step of the process.

Learn More About Global Web

Global Web was founded in 2007 and is based in New York City. The company offers clients unsurpassed subscription processing services and consultation at competitive rates. In addition, the company provides online merchants with advanced content management systems. Global Web may be contacted at (877) 855-1753 or via Facebook, Google+ or Blogger.