To choose and apply the right eCommerce business model might be a bigger challenge than you thought. The biggest chance of your success starts with knowing which models best fit your target niche. As well as, resources, and capabilities. In this article, we will have a quick look at four major eCommerce classifications. Also, six proven eCommerce business models.
Business to Business (B2B)
A company that is involved in the B2B model are mainly wholesalers, manufacturers, and distributors.
Business to Consumers (B2C)
B2C is a common eCommerce model that most are common. Hence, online retailers market and sell products directly to end consumers.
Consumer to Business (C2B)
This model not known and intuitive that B2B and B2C were and individual sell products or services to business. Basically, in this model are freelancer platforms like Upwork and Fiverr. In this social and digital age, influencer-matching marketplaces like Influenza are on the rise as new. Also, innovative forms of C2B.
Consumer to Consumer (C2C)
This digital business facilitates transactions between consumers. In this platform, an individual can sell, buy, and exchange goods or services. C2C connects platforms earns profits by charging listing and transaction fees.
After you decide what category you are, the next is to think about what kind of business model you want to.