An Insight To The Types Of E-commerce Business
E-commerce businesses come in different sizes and shapes, each with their unique set of attributes. Until and unless you are aware of the required platform complaint to your needs, you would simply run out of inspiration when comes to brief the prerequisites to the web designing and development experts. The article is dedicated to the description of different e-commerce websites.
Business to Business
Through B2B eCommerce sites, businesses sell services or products to other existing business. Naturally, those websites get a comparatively lower number of visitors than popular e-commerce websites. B2B stores generally comprise customer-specific pricing, discounts, and assortments.
Business to Customer
This one denotes those eCommerce platforms you often come across. They are also referred as online retailers. The niche of e-commerce web development in India has experienced huge growth owing to this online platform. Here business houses directly sell products or services to the consumers. It’s like a bigger marketplace where you can get along with a number of products on a single platform. The customers as well as a number of transactions are comparatively high than that of the B2B transactions.
Vendor specific e-commerce website can be counted under this category. Only the service or diverse product ranges of a particular company are listed for direct sale and they don’t sell any other brands through the platform. In recent times, most of the businesses prefer to include this feature to their official website, so that besides attaining information about the product the interested customers can readily buy it. It’s important to retain the interest of the customers and influence them to buy without annoying them before they leave the website.
Customer to Customer
This platform allows customers to interact and sell things to each other. They are also known as the online marketplace where anybody can sell products without following any hard and fast rules. Most of the websites are not restricted to sell only firsthand or manufactured products. Here the customers can sell secondhand, used items to another customer who is ready to pay the best price.
Customer to Business
Via this platform consumers offer products or services online and companies who are interested in such services and products bid their offers. After reviewing the bids, the consumer selects one or more that meet their expectations in terms of pricing, terms, and conditions. Besides these e-commerce websites can be classified in accordance with their sales scenario, licensing model and data exchange.
Lastly, don’t confuse the web development experts by mentioning your e-commerce business as e-business. Though often the terms business and e-commerce are used interchangeably but the terms are actually different, here the ‘e’ indicates ‘electronic network’.
E-commerce business mainly involves outward-facing processes that touch customers, external partners, suppliers as well as sales, order tracking, marketing, customer service, delivery and arrangement of indirect operating expense items like office supplies. Whereas, e-business includes e-commerce and involves internal processes as like inventory management, production, product development, human resources. E-business tactics are far more complicated with more concentration on internal processes.