E-commerce Websites are getting online to boost consumers and business via different methods.
E commerce website is now growing day by day to due to online demand for increasing business. This is also good for customers who are looking for products/services at comparatively better prices. There are 4 different types of Ecommerce websites which conclude online marketplace development.
1) B2B (Business-to-Business) E-commerce Website
Business to Business E-commerce Website is one of the perfect examples online marketplace development where distributors interact with dealers or dealers with retailers, manufacturers to distributors. Business to Business E-commerce Website normally demands a level of negotiation with their corresponding level of purchasers in the form of distributor, dealers or retailers.
2) B2C (Business-to-Consumer) E-commerce Website
Business to Consumer E-commerce Website is another examples of online marketplace development where Single Company/Manufacturer’s website is dedicated to sell products via catalog using a shopping cart engine. This is one of the way where company/manufacturer directly deals with customers to sell products to increase business via online store.
3) C2B (Consumer-to-Business) E-commerce Website
Consumer to Business is again one of the examples of online marketplace development where consumer posts a requirement and company bids for the same project. On the basis of competitive bid and project portfolio consumers select and finalize a project with the satisfactory bid/portfolio on their own. This kind of E commerce Website works on a escrow payment method where E-commerce Website owner maintains a sound relationship between consumer and company. This also ensures that the consumers gets the same service in terms of quality and quantity of the bid for the paid price.
4) C2C (Consumer-to-Consumer) E-commerce Website
Consumer to consumer is one of the ultimate example of online marketplace development where multiple vendors are registering their products to sell their/company’s product on their reasonable prices. This kind of website helps consumer to decide products via multiple prices for the same products offered by different vendors. Auction, Bidding and forums are some of the sites offering consumer to consumer service via online marketplace.