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E-Commerce Model Case Study

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E-Commerce Model
The first and the most important step in the development of an e-commerce site is identify the e-commerce model. There are many different ways that an e-commerce website can make money. Based on who selling to whom, what they are selling, where they got it, and how they are completing the transaction. E –commerce transaction can be done between various parties .e-commerce can be classified in to four major model.
• Business to business e-commerce (B2B) model
• Business to consumer e-commerce (B2C) model
• Consumer to consumer e-commerce (C2C) model
• Consumer to business e-commerce (C2B) model

Business to business (B2B) model

This model defines that buyer and seller …show more content…

Consumer to business e-commerce model

In C2B model consumers known a particular need for a product and service, and suppliers compete to provide the product or service to consumers .An example of Priceline.com, where the customer names a product or service and the desired price, and Priceline tries to find a suppliers to fulfil the stated need. In this model consumers decide the price of a product rather than the supplier. In this model includes individuals who sell products and services to organizations. For example, monster.com . E-commerce, by empowering the customer, has been strategically redefining business. An example of C2B model of e-commerce is the site Price line.Com, which allows prospective airline travellers, tourists in need of hotel reservations etc. to visit its websites and indicate their preferred price for travel between any two cities. If an airline is willing to issue a ticket on the customers offered price, the consumer can then travel to the mentioned destination at his terms.

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