February 22, 2020 - BY Admin

Business Model in E-Commerce

Business model types:
The types of different business models are here

  • Business to business (B2B)
  • In this kind of business model products or services are sold by a business entity or organization to its customers through an outlet. This outlet buys the services or product from the actual service providers or sellers and then pass it on to the customers who wants to buy. When a user places order through an E-commerce Website the organization takes the order and further processes the order and fulfills the customer’s request and provides the required service or product to the nearest outlet from where the actual user can buy.
  • Business to consumer (B2C)

The type of business model in which the goods are sold directly to the consumer. The consumer places order for a product and after gathering the information of that particular user the sellers sell their services to that user directly making an online transaction.

  • Consumer to business (C2B)

This model is opposite of Business to consumer model because in this the consumers becomes the seller. Consumers sell their services to a business who are interested in availing services from the users. These consumers while selling their services to the interested businesses demand price of their own interest they are not bound to a specific amount.

  • Consumer to Consumer (C2C)

In this model both the seller and buyer is the consumer. A great example of this model is online auctions in which one consumer put forth his products or services to sell and on that same platform the other consumer interacts with the seller to buy the services. This is the process in which both the consumers among which one could be the seller and other the buyer interact and then finalize to buy or sell the product.

  • Business to Government (B2G)

The model in which the business provides the services to the government organizations that might be needed by these organizations in the future.

  • Government to Consumer (G2C)

This is the relationship between the public sector organizations and the consumers in which consumer’s demands for a specific information from these government organizations. The best example is government transferring any official document to the consumer is G2C.

  • Conclusion:

There are several more models that are proposed by looking at the need of the communication and type of relationship between the consumer and the seller. But the selection of the model depends on the type of the service or the product being supplied. Or by examining the business nature itself.