| Business
Based E-Business Business
based models are more popularly known as the B2B model. Here the
Internet is used to facilitate trade among businesses. The website
acts as a platform for the businesses to conduct trades.
The B2B website provides one or
more of the following functions:
1) Acting as
an online catalog for various businesses. The businesses can list
their products here.
2) Provide a
rating for various vendors and sellers. These ratings certify the
quality of the products from the vendors, the credit worthiness of
the buyers, etc.
3) Act as an
escrow so that the payment and the delivery of goods take place in a
secure transaction.
An example of a Business to
Business website is Alibaba.com . This is a world wide trade portal
established to facilitate the meeting of manufacturers and
importers. This was founded by an English teacher in China and is a
successful venture. An other example on a smaller scale is http://E-Export.com
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