7 Types of Ecommerce Businesses You Should Know
Ecommerce is the process of buying and selling goods or services online. It can be done through different platforms, such as websites, mobile apps, social media, or marketplaces. Ecommerce businesses can be classified into seven types based on their business model, target market, and product or service offering. Here are the main types of ecommerce businesses you should know:
Business-to-Consumer (B2C)
This is the most common type of ecommerce business, where a business sells its products or services directly to individual consumers. Examples of B2C ecommerce businesses are Amazon, Netflix, Spotify, and Zappos.
Business-to-Business (B2B)
This is the type of ecommerce business where a business sells its products or services to other businesses. Examples of B2B ecommerce businesses are Alibaba, Shopify, Microsoft, and Salesforce.
Consumer-to-Consumer (C2C)
This is the type of ecommerce business where individual consumers sell their products or services to other consumers. Examples of C2C ecommerce businesses are eBay, Etsy, Craigslist, and Airbnb.
Consumer-to-Business (C2B)
This is the type of ecommerce business where individual consumers sell their products or services to businesses. Examples of C2B ecommerce businesses are Upwork, Fiverr, Udemy, and Kickstarter.
Business-to-Administration (B2A)
This is the type of ecommerce business where a business sells its products or services to a government agency or institution. Examples of B2A ecommerce businesses are IBM, Oracle, Cisco, and SAP.
6. Consumer-to-Administration (C2A): This is the type of ecommerce business where an individual consumer sells his or her products or services to a government agency or institution. Examples of C2A ecommerce businesses are TurboTax, LegalZoom, Coursera, and Khan Academy.
Business-to-Business-to-Consumer (B2B2C)
This is the type of ecommerce business where a business sells its products or services to another business, which then sells them to individual consumers. Examples of B2B2C ecommerce businesses are Costco, Walmart, Groupon, and Expedia.
These are the main types of ecommerce businesses you should know if you want to start or grow your own online business. Each type has its own advantages and disadvantages, so you need to choose the one that suits your goals, budget, and target market.
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Types of Ecommerce Businesses and Their Global Demand
Ecommerce is the process of buying and selling goods or services online. There are many types of ecommerce models, based on market segmentation, that can be used to conduct business online. The 6 types of business models that can be used in ecommerce include: Business-to-Consumer (B2C), Consumer-to-Business (C2B), Business-to-Business (B2B), Consumer-to-Consumer (C2C), Business-to-Administration (B2A), and Consumer-to-Administration (C2A).
B2C and B2B Ecommerce: The Most Popular Models
B2C ecommerce refers to the sale of goods or services from a business to an individual consumer. Examples of this model are Amazon, Walmart, Netflix, and Spotify. B2C ecommerce is the most popular and widely used type of ecommerce, accounting for 60% of global ecommerce sales in 2020. B2C ecommerce is expected to grow at a compound annual growth rate (CAGR) of 11.3% from 2021 to 2028, reaching $6.38 trillion by 2028.
B2B ecommerce refers to the sale of goods or services between businesses via an online sales portal. Examples of this model are Alibaba, Shopify, Microsoft, and Cisco. B2B ecommerce is the second most popular type of ecommerce, accounting for 38% of global ecommerce sales in 2020. B2B ecommerce is expected to grow at a CAGR of 17.5% from 2021 to 2028, reaching $20.91 trillion by 2028.
C2C and C2B Ecommerce: The Emerging Models
C2C ecommerce refers to the sale of goods or services between individual consumers via an online platform. Examples of this model are eBay, Etsy, Airbnb, and Uber. C2C ecommerce is the third most popular type of ecommerce, accounting for 2% of global ecommerce sales in 2020. C2C ecommerce is expected to grow at a CAGR of 9.4% from 2021 to 2028, reaching $1.13 trillion by 2028.
C2B ecommerce refers to the sale of goods or services from an individual consumer to a business via an online platform. Examples of this model are Upwork, Fiverr, Kickstarter, and Patreon. C2B ecommerce is the least popular type of ecommerce, accounting for less than 1% of global ecommerce sales in 2020. C2B ecommerce is expected to grow at a CAGR of 18.3% from 2021 to 2028, reaching $1.06 trillion by 2028.
B2A and C2A Ecommerce: The Niche Models
B2A ecommerce refers to the sale of goods or services from a business to a public administration or government entity via an online platform. Examples of this model are IBM, Oracle, SAP, and Accenture. B2A ecommerce is a niche type of ecommerce, accounting for less than 1% of global ecommerce sales in 2020. B2A ecommerce is expected to grow at a CAGR of 12.6% from 2021 to 2028, reaching $1.76 trillion by 2028.
C2A ecommerce refers to the sale of goods or services from an individual consumer to a public administration or government entity via an online platform. Examples of this model are online tax filing, online voting, and online education. C2A ecommerce is also a niche type of ecommerce, accounting for less than 1% of global ecommerce sales in 2020. C2A ecommerce is expected to grow at a CAGR of 13.4% from 2021 to 2028, reaching $1.86 trillion by 2028.
References:
https://en.wikipedia.org/wiki/Types_of_e-commerce#cite_ref-javedarslan_1-3
https://en.wikipedia.org/wiki/Types_of_e-commerce#cite_ref-bb_2-3
https://en.wikipedia.org/wiki/Types_of_e-commerce#cite_ref-bbtwo_3-3
https://www.shopify.com/encyclopedia/what-is-ecommerce
https://www.bigcommerce.com/blog/types-of-ecommerce-business-models/
https://www.ecommerceceo.com/types-of-ecommerce/
https://www.investopedia.com/terms/e/ecommerce.asp
https://en.wikipedia.org/wiki/Types_of_e-commerce
https://www.statista.com/statistics/379046/worldwide-retail-e-commerce-sales/
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