Introduction of E-commerce Business Models
In the modern
world, e-commerce has become an important business sector. After all, it
supports the economy of a nation significantly. Even though the idea underlying
it is to sell produces over the web, the business is able to generate
significant returns. In addition to it, it offers significant opportunities for
the business to continuously expand its operations. Still, it is important to
note that the success of an e-commerce business depends significantly on its
model. Similar to a normal or traditional business, it is developed on a
specific business model which helps it in setting a track for future goals and
objectives (Laudon & Traver, 2016). In this research,
different e-commerce business models will be analysed, how they contribute to
the development of strategy, contemporary developments in the sector, and
organisation examples in association with their environment will be discussed.
E-Commerce Business Models
In general,
e-commerce refers to online transactions between customers and dealers.
Actually, it is divided into six types. All of them have their own unique
characteristics. These types include:
·
B2B or Business to Business
·
C2A or Consumer to
Administration
·
B2A or Business to
Administration
·
C2B or Consumer to Business
·
C2C or Consumer to Consumer
·
B2C or Business to Consumer
All of these are
business models and they have their own unique specifications that will be
explained in the actual paper.
Relationship between Vendors and Suppliers
With the
development of e-commerce, the typical relationship between vendors are
suppliers has changed significantly. These changes in the relationship will be
discussed in detail in the actual paper.
E-Payments of E-commerce Business Models
E-payments
present a significant issue to e-commerce businesses. It is important for these
issues to be addressed and barriers to be overcome for gaining success in the
market. It is also important for a business to choose the most secure payment
method.
Conclusion of E-commerce Business Models
In the end, this research will be
concluded and it will be determined which areas of e-commerce require further
research. Furthermore, this research will be completed within the deadline by
distributing the time equally among research, writing, and proofreading.
References of E-commerce Business Models
Laudon, K. C. & Traver, C.
G., 2016. E-commerce: business, technology, society. s.l.:s.n.