E-commerce between businesses is B2B. E-commerce between businesses and consumer
ID: 468331 • Letter: E
Question
E-commerce between businesses is B2B. E-commerce between businesses and consumers is called B2C. What are some examples of each? How do you think each entity (business, consumer) benefits from e-commerce? Bricks and clicks is a business model that incorporates both a physical presence and an online presence. Give some examples of businesses that follow the bricks and clicks model. Are there any businesses that have only an online presence?
(min 150 words) Eloborate with reasonable sentences and examples.
Explanation / Answer
Examples for B2B between businesses:-
Given below are the few examples for B2B businesses where the businesses provide services and support to other businesses for consumption. Many companies have setup their foundation and large profits based on the same model and they are leading ahead with many success stories on a ramp level.
1. Adobe
2. Cisco
3. American Express
Examples for B2C between businesses and Consumers:-
Given below are the few examples for business to consumer model where the business sells directly to the consumers through different channels and have laid down big foundation of growth for many competitors in the market. Big players like Tesco have dominated the supermarket chain and have setup monopoly of their businesses throughout. Similarly, Amazon has been a leader in online sales of products along with other competitors and key resources. Starbucks have also been another leader in terms of selling off the coffee products to the market with the variety of cookies, coffee varieties and aura.
1. Tesco
2. Starbucks
3. Amazon
How do you think each entity (business, consumer) benefits from e-commerce?
E-commerce in the present world is the most happening and hot candy of the market. Nobody wants to be a part of the hustle bustle of the markets, the crowded streets and the trafficking roads. Electronic way of doing transactions help in developing the business and the growth of the organizations increased by leaps and bounds. In terms of the business, it provides ease and reach to a number of people without needing to engage or open stores or no need to make any capital expenditure on setting up and developing the infrastructure for any shops, offices throughout different regions. Marketing can also be managed through the internet and doesn't really need to spend on marketing activities on ground. Using social media gives you a lot of boost and can end up saving a lot cost and on the other hand, it serves you the guarantee to reach out to the maximum number of people and they would know you and the brand for sure.
For the clients/consumers, it is equally good in terms of providing services sitting at home and they do not really need to make any efforts to go out and search for the products they are looking for. They could simply search it online, order it and get benefitted with the negligible delivery cost that stands nowhere in front of the travelling and the fuel cost that one may have to spend while looking out for the products in the open market. Along with this luxury, it also equips the consumer to decide amongst a pool of competitors on pricing and delivery where the consumer does not really need to be bothered about asking any question as everything is available with the help of a click.
Give some examples of businesses that follow the bricks and clicks model.
Given below are the examples of few businesses which operate out of the stores and as well online. They setup the businesses out of the stores and then later acquired the online mode to expand the business and attract growth by reaching out and expanding their zone.
1. Unilever
2. Nike
3. Amway
Are there any businesses that have only an online presence?
As I mentioned above, there are number of benefits involved and that is the reason why do people prefer choosing online presence rather than spending on brick and mortar and developing stores and occupy spaces and they have been really successful in following that model, given below are few of the examples of those companies.
1. Uber
2. Amazon
3. Bit Coins
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