Virtual Business

There are two kinds of the electronic commerce one business to business and second is business to business electronic commerce. As the term shows business to consumer commerce mean consumer obtain product through electronic commerce for consumption purpose when for business to business commerce is utilized to sale the manufacture for further business procedure. Whatever is the type of commerce it needs connection among the two parties which are seller and the buyer. By the virtual communities this interaction and connection are provided. Producer or sellers can utilize the bulletin boards, newsletters chat rooms, and discussion lists for communication procedure that may facilitate the exchange procedure between the sellers and buyers. Major source of effectiveness of this system is based upon the internet technology that is modified the world into global village.