B2C - Business to Consumer Leveraged technology like mobile apps, native advertising and remarketing to market directly to their customers. C2B - Consumer to Business Gives consumers the power to name their price or have businesses directly compete to meet their needs. |
B2B - Business to Business Transactions generally have a longer sales cycle, but higher order value and more recurring purchases. C2C - Consumer to Consumer Benefit from self-propelled growth by motivated buyers and sellers, but face a key challenge in quality control and technology maintenance. |
Faster Buying Process Online shopping has revolutionized and effectively changed our shopping experience. No longer are stores limited by borders when searching for an item. The convenience of having products delivered saves us time. |
Store/Product Listing Personalizing your listings is a strong advantage for sellers. Managing your listings is key to retaining customers, coupled by using clear high resolution images to present products. |
Cost Reduction Physical stores end up costing more, as there are costs such as rent, repairs, store design and inventory payments that won’t be kind to your wallet. Ecommerce marketing offers better results with affordable costs. |
Affordable Advertising and MarketingEcommerce marketing has several affordable, quick ways to market online, such as adding videos, infographics and good quality resolution images. Advertising affordability depends highly on the target market in question. Giving Customers More FlexibilityIt is a well known fact that buyers gain trust in your store based on the number of positive reviews, not only on your store but on the web. The key advantage of ecommerce to business is that sellers can provide flexibility to customers by selling items 24/7. |
No Reach LimitationsWith an effective marketing strategy and superior user experience, you can drive traffic to your site and keep optimizing the most visited pages to reach the highest conversion rates. Faster Response to Buyer/Market DemandsQuicker interactions attract customers and increase chances of creating more sales. By creating better user experiences, sellers can formulate paths to never lose a sale, even if the item is out of stock. |
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