Business, 26.10.2020 17:20 rosier2230

Find an example not mentioned in the text of each of the four types of online retailing business models. Prepare a short report describing each firm and why it is an example of the particular business model

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Answer from: snowflakekitty001

four types of online retailing business models

B2B: Business to Business

B2C: Business to Customer

C2C: Customer to Customer

C2B: Customer to Business

Explanation:

1. The B2B model focuses on selling products from one business to another. Most of the time, this business involves providing service as a product or supplying office supplies such as furniture or stationery. Oracle is an example of a company that falls within this business model. it is a giant software company, offers a wide range of business solutions for a variety of sectors, including dedicated software such as real estate, agriculture, healthcare and financial management, and resource systems. 2. The B2C model is the most common business model, and almost every popular e-commerce site falls into this category. In this model, a business sells directly to the customer and earns money through commissions and advertising on the website. A good example of this is the B2C model. The popular Chinese e-commerce site sells millions of products in its various sub-sectors. The customer can order a product directly from the website and deliver it to them. 3. The C2C model one customer is sold directly to another customer. This model is not as popular as the other two due to its instability. Revenue method for successful contract only through commission or by declaration. And the user base of these business models is small compared to other business models. An example of a C2C model is buying and selling websites such as eBay and Quicker, where customers can upload and sell used items and other users can buy anything from the same market. Other examples are auction websites, taxi rental services, 4. The C2B model allows a customer to sell a product or service to a business and is like a sole proprietor selling a large company. The most common example of a C2B model is free services, consulting services, etc. An example of a C2C model upwork.com it is a website where individual customers can register themselves as freelancers and can be hired by businesses in exchange for the skills they need. This model is now dominant compared to other models that dominate the online retailing sector.

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