Different types of E-commerce Business Model. Revenue Mobile and website

 

No question eCommerce has expanded exponentially and is continuing to expand every year. Today, we have entered an era where there is a serious downside to a company without a place. But you shouldn't look at an eCommerce website as something you need to have (although you do) to survive. Look at it more like a huge potential for your company to achieve a degree of growth and profitability that would not have been possible before the advent of the internet.

We are talking about all the variables that might separate one eCommerce company from another. All of these variables reflect choices that you need to make when you decide to start your own eCommerce company. In brief, the following are those elements of eCommerce

·        E-commerce Business Model

·        E-commerce revenue Model

·        Different types of E-commerce Website

 

E-commerce Business Model

The business model of eCommerce relies on who buys, and who sells. Customers are not always individual customers — they may be other corporations or even governments. Similarly, a seller isn't inherently a company, as consumers sell products to each other by different means all the time. It is also possible for certain firms to potentially use more than one of these models, for example, selling at the same time to customers and other companies.

Types of E-Commerce Business Model

B2C Business Model

B2C stands for a Consumer Company. This is the most common business model, which includes a company directly selling goods or services to end consumers — individuals. B2C retail is the most popular business model, both online and offline, and each time you shop you engage it in yourself (on the customer side)

B2B Business Model

B2B is Business To Business. As its name suggests a B2B seller provides other companies with products or services. In many cases, B2B sellers supply products for which end consumers, like the raw materials used in manufacturing, would have no use. Other examples of B2B eCommerce include wholesale suppliers who sell products to retailers and business suppliers such as office materials or branded employee apparel.

C2C Business Model

The C2C stands for consumers. That is the type of eCommerce that involves people selling products directly to each other. You might think of a garage sale, for example offline. Large marketplaces such as eBay streamline the transaction process for millions of sellers on the internet

C2B Business Model

C2B stands for Commercial Customer. This is a business model in which an individual customer purchases an organization's goods or services. Freelance artists, writers, designers, and software developers, as well as lawyers and accountants serving business needs, are good examples. Often bloggers selling advertisement space on their websites participate in a C2B trade.

 

Mixed Business Model

ECommerce's technical innovations have simplified all forms of business management activities, for all business models. This has also made it possible for companies to adopt more than one model at a time, for example by integrating sales of B2C and B2B on a single website. Today an online store will offer an end-consumer shopping experience for general customers,

 

E-commerce revenue model

Who you sell to is just one factor that defines your business. Another is how you get the goods and sell them. Your choices here have an enormous effect on your income, so this decision should be an early one you make when planning your business.

 

Drop shipping

Drop shipping is a form of fulfillment where a company has no inventory at hand. The company lists goods for sale and forward these orders to the supplier instead. The supplier then sells the goods directly to the buyer, with the vendor retaining the discrepancy between their selling price and the price of the provider.

 

Wholesaling

Wholesaling is pretty much the reverse of drop shipping: the product of the company products and the order itself is met. Wholesalers have the potential to shape B2B partnerships, as they may sell bulk goods to other companies for use or final sale. The buying company will label out goods that will be resold, which is why "wholesale pricing" has become a buzzword indicating the lower-than-retail price. Selling directly to the public at such rates is likely to draw some very loyal clients.

 

Manufacturing and Private Labelling

You typically think of an assembly line in a warehouse, filled with staff and equipment, when you hear the word "manufacturing." Although this may be a detailed interpretation, large-scale operations such as these are just part of the tale. Smaller factories are even more popular, like people producing handcrafted goods or other home-made goods.

 

White label

White labeling is another form of packaging method which is targeted at firms who choose to mark their goods. A white label maker produces a standardized product, which can be personalized with the name of the vendor. White label products are available for sale to a range of customers, which is what makes them distinct from proprietary private label items.

subscription

Establishing a subscription service is a perfect way to drive up repeat sales and customer satisfaction. In comparison to other sales models, this one only deals with how you market your goods, and not how you produce them.

Any commodity needing daily replenishment can become a subscription service. Repeated purchases of pet food, cat litter, kitchen supplies, toiletries, health aids, diapers, disposable goods, and several other things are needed. Customers know this, but they still generally dislike making these regular transactions — they may need these items or even prefer them, so it can be difficult to remember to buy them.

 

Subscription providers provide instant, regular orders for goods such as these. If your eCommerce program embraces this, you may sell any, if not many, of your goods with configurable recurring order times. this is consumer-friendly and efficient for you   

 

Different types of E-commerce Website

We discussed business models and sales forecasts — now let's look at the various styles of eCommerce websites that are populating the internet's ever-growing shopping world. Individual retail retailers of all types give consumers a variety of brands and options.

 

Vendor-specific

Unique eCommerce platforms for manufacturers follow their market models to offer their items. Many online retailers are like this. A single-seller eCommerce website is solely a member of a single business that uses it as an online retailer. Many companies today operate a vendor-specific eCommerce website to allow their customers to buy directly if they offer goods at all.

 

Online Retailer

This sort of eCommerce website may contain goods from a vendor who already owns the site itself, but may also contain goods from other vendors that have been approved to sell on the platform as well. Amazon is a perfect example of a selected-seller shopping marketplace — Amazon itself offers goods but still requires the inclusion of eligible third-party vendors. In reality, Amazon changed from a single-seller website to a selected-seller website in theory.

 

Online market

Anyone can be a salesman on an online platform, from people to big business. eBay is the best, most well-known example. Sellers don't have to go through any screening criteria; everyone can automatically build an account and start using the marketplace. That means visibility to prospective buyers is immense. Even companies who either have their websites or sell them on other platforms may benefit from putting their goods for sale in a forum where they are likely to be viewed from clients.

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