The B2C sector is what most people think of when they imagine an ecommerce business.This is the deepest ecommerce market, and many of the names you’ll see here are known quantities offline, too.Tags: College Essay Questions ExamplesShort Persuasive EssayHow To Write Application Letter For Teaching PositionWhat To Write A College Essay OnIntermediate 1 English Close Reading Past PapersDangerous Experience Essay WritingSaving Private Ryan Essay PlanWhy Do I Want To Go To College EssayAffirmative Action Pros And Cons Research PaperCritical Incident Analysis Essays
Other types of ecommerce involve government/public administration conducting ecommerce transactions with businesses or consumers.
Two sectors that are closed for entrepreneur owners but are growing include G2B for government sales to private businesses, and G2C, for government sales to the general public.
Ecommerce Europe acts at European level to help legislators create a better framework for online merchants, so that their sales can grow further. Ecommerce Europe distinguishes between full membership and membership for associations.
Full association members are fee paying national associations with voting rights while member associations are national associations who are full members of an established European association.
The internet is used to process all electronic transactions.
The first thing to think about is the type of business transaction you’re going for.What does a consumer-to-consumer ecommerce business look like?Created by the rise of the ecommerce sector and growing consumer confidence in online sales, these sites allow customers to trade, buy, and sell items in exchange for a small commission paid to the site. Despite the obvious success of platforms like e Bay and Craigslist, numerous other auction and classified sites (the main arenas for C2C) have opened and quickly closed due to unsustainable models.A booming ecommerce business takes intuition, knowledge of your market, a solid business plan, and careful research into products and ecommerce business models.But one of the biggest hurdles most newcomers to the space face is easy to solve.While many ecommerce businesses in this niche are service providers, you’ll find software companies, office furniture and supply companies, document hosting companies, and numerous other ecommerce business models under this heading.B2B ecommerce examples you may be familiar with include the Exxon Mobil Corporation and the Chevron Corporation, Boeing, and Archer Daniel Midlands.B2C sales are the traditional retail model, where a business sells to individuals, but business is conducted online as opposed to in a physical store. Exclusively online retailers include Newegg.com, Overstock.com, Wish, and Mod Cloth, but other major B2C brick-and-mortar businesses like Staples, Wal-Mart, Target, REI, and Gap.B2B and B2C are fairly intuitive concepts for most of us, but the idea of C2C is different.Sales from online stores are expected to increase 78% by 2020.It’s easy to get caught up and excited in the latest ecommerce trends, but unless you know the fundamentals, you’ll hit a profitability wall without knowing it.