Explain the Business to Consumer Model | senshido.info
Relationship e-commerce (r-commerce) is a form of electronic commerce in which the primary focus is on business-to-consumer(B2C) and peer-to-peer(P2P) . Business-to-business (B2B) and business-to-consumer (B2C) systems differ in B2C and B2B are also different forms of electronic commerce. B2C, or business-to-consumer, is a term used to describe a commerce B2B eCommerce is an online business model that facilitates online sales relationships and focusing on customer education, B2C marketing aims to.
What is Relationship E-commerce (R-Commerce)? - Definition from Techopedia
Types B2C companies divide into five major categories: Each type is so different from the others that they are not directly comparable. In fact, some B2C businesses utilize more than one type to reach different audiences. Direct Sellers Direct sellers, such as online retailers, sell a product or service directly to the customer via a website.
You can further divide direct sellers into e-tailers and manufacturers. Product manufacturers use the Internet as a catalog and sales channel to eliminate intermediaries.
Business To Consumer (B2C)
Online Intermediaries Online intermediaries perform the same function as any other broker. The business allows non-B2C companies to reap some of the benefits. Arnold of the University of Rennes in Rennes, France. Advertising-Based Models Popular websites rely on advertising-based models.
Differences Between B2C & B2B in Business Systems | senshido.info
These websites offer a free service to consumers and use advertising revenue to cover costs. They draw a large number of visitors, making them ideal advertising streams for other companies. Advertisers will pay a premium to sites that deliver high traffic numbers.
B2B transactions require a more complex business system. Customers select products, place an order and arrange delivery through an agreed logistics channel. Customers do not pay at the time of the order, but receive an invoice which they settle within agreed payment terms. B2C e-commerce is a process for selling products directly to consumers from a website. Consumers browse product information pages on your website, select products and pay for them before delivery at a checkout, using a credit or debit card, or other electronic payment mechanism.
Differences Between B2C & B2B in Business Systems
Consumers enter their address details and select one of the delivery options you offer. The basic B2C business system is relatively simple.
- Create Contacts
- Explain the Business to Consumer Model
You need a method of displaying products and prices on your website, a mechanism for recording customer details, and a checkout to accept payment.
B2B E-commerce You can use a similar website-based business system if you sell low-value products to business customers and you take payment with orders. However, B2B transactions normally require a more complex business system.
The system must be capable of accepting orders in different formats such as email, documents or electronic orders. It must integrate order capture with your other administrative systems such as invoicing, customer records and accounting.
B2B Infrastructure At a more advanced level, you can offer groups of products customized to different customers. The business system selects the appropriate products to display when a customer logs in. This streamlines the process for business customers, as they do not have to browse a complete catalogue to find the products they want to buy from you.
You can also plan to integrate your business system with the systems of your suppliers and logistics partners so that you can manage purchasing, stockholding and distribution efficiently.