Saturday, August 10, 2019

Answer quiestuions About E-Commerce Essay Example | Topics and Well Written Essays - 1500 words

Answer quiestuions About E-Commerce - Essay Example In addition, the model allows the consumer to access a variety of goods and services like news, email services, music downloads and many more. The model is classified into three. First, the virtual merchant is a retail store that provides the customer an opportunity to shop online at any time. Second, Click and Bricks represent an online alternative channel for distributing goods of a physically existing company (Manzoor, 2010). Catalog merchant represents an online form of a catalog conveyed directly through the mail. Represent a business model that provides news and entertainment to customers. They include sports sites, newspapers, and all the other sites that provide information to customers. The revenue models used include Affiliate, subscription, and advertising. In Business-to-Business E-commerce, the businessmen make significant sales to their fellow businesspersons. The type is larger than Business-to-Consumer (B2C) E-commerce when measured in monetary terms (Manzoor, 2010). The companies buy a bigger volume of goods compared to individuals. They have enormous monetary resources and the products are mainly meant for resale. Represent a situation where a firm develops an online digital market where buyers and sellers trade with indirect inputs. The intermediary charges a fee for creating a forum where the buyer and the seller meet. An e-commerce allows consumers to trade with one another directly. An intermediary facilitates the online transactions by creating a platform where the consumer can make trade exchanges. The consumer relies on the services of the intermediary to make the sale (Manzoor, 2010). The consumer has the responsibility to make the product ready for sale. The intermediary facilitate the sale of the product by providing a search engine, display, and the method that the product would be paid. The website has very attractive photos of the product that lure the customer to make a purchase. Second, it

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