The eCommerce industry is forecasted to grow from $3.3 trillion in 2019 to $5.55 trillion in 2022.
The figure below is estimated to grow over the next few years, showing that borderless eCommerce is becoming an increasingly profitable option for online retailers.
If one is into ecommerce and is into selling products on online shopping websites, one would be able to understand how critical it is to have a website that accurately portrays the company’s business.
An online website is a virtual shop where the first impression or connect with the potential consumers are made.
Types of E-Commerce Business Models
First, let’s go through the different types of eCommerce business models based on who the company sells to.
- Business to Business (B2B)
- Business to Consumer (B2C)
- Consumer to Consumer (C2C)
- Consumer to Business (C2B)
- Business to Administration (B2A)
- Consumer to Administration (C2A)
Understanding the various types of e commerce business models might be useful when beginning an eCommerce website.
It can give insights into how everyday operations might differ from one model to another, what possibilities lie ahead, and what problems to anticipate.
Business to Business (B2B)
When one business sells to another business, it is termed to be a B2B model.
Typically, most sales of the items and services are solely for commercial use, such as supporting productivity, cooperation, office needs, or the manufacturing process.
B2B eCommerce websites are trending now because of everything being online.
Business to Consumer (B2C)
A B2C business sells directly to customers. Personal products or services include groceries, apparel and t-shirt enterprises, gadgets, and streaming services.
Alibaba, Amazon, JD, Pinduoduo, Shopify, and eBay are some examples of B2C e commers websites.
Consumer to Consumer (C2C)
A C2C eCommerce companies provides an online platform for customers to purchase and sell from one another.
eBay, Etsy, Craigslist, Ali Express, and Amazon Marketplace are some examples of C2C e commers websites.
Consumer to Business (C2B)
Individuals give their abilities and skills to businesses in C2B eCommerce.
Freelancing, affiliate marketing, and user testing are popular examples of goods or services under this approach.
Business to Administration (B2A)
This sort of eCommerce website company provides online resources to government organizations.
The application is typically used by the body to handle its services, such as processing citizen requests or preserving official documents.
Consumer to Administration (C2A)
The C2A model is used to describe eCommerce transactions between individuals and the government.
These are often payments for government administrative expenditures such as health care, social security, or taxes.
Top 10 best eCommerce website and shopping websites ranked in 2022.
In most nations, Amazon is the main eCommerce website. It is one of the largest American online shopping websites, with about 3 billion monthly visits.
Amazon began as an e Commerce website in 1994, initially selling solely books.
However, it currently includes categories such as books and literature, computers and electronics, fashion and accessories, sporting goods, tools and hardware, music, and even TV and movie streaming.
It is a worldwide American eCommerce website firm headquartered in San Jose, California, that was founded in 1995.
It enables both C2C and B2C sales. It is one of our top online shopping websites since it offers a wide range of products such as electronics, art and collectibles, car parts and accessories, sporting goods, and more.
Walmart is a supermarket as well as a major online shopping website in the United States.
Since its inception in 1992, It has acquired a lot of respect from its consumers. This has helped Walmart generate US$572.8 billion in the first 7 months of 2022 alone.
4# Posters from Space
Space Posters sells minimalist posters of you guessed it, space.
The e commers website is beautifully basic, which complements the store’s merchandise well.
Space Posters understands that individuals who are interested in their minimalist posters are unlikely to be misled by bright, strong colors, and this e commers website comes with a plethora of design features.
Etsy is an American online shopping website that sells craft materials, antique things, and handcrafted items.
Clothing, bags, jewelry, toys, furniture, home décor, art, as well as craft supplies and tools are available on this e commers website from a variety of suppliers.
Etsy was created in 2005 by Rob Kalin, Jared Tarbell, Haim Schoppik, and Chris Macguire. Its headquarters are in Brooklyn, New York, USA.
Bliss is a cruelty-free, spa-powered skincare company with an e commers website that transports you to the interior of a unicorn. The colors are vibrant and lively yet tend towards soft pastel colors.
One of our favorite features of this online shopping website, though, are two small words in the upper right-hand corner: “enable accessibility.”
This modifies the site’s colors slightly to increase visual accessibility.
AliExpress is a Chinese online shopping website operated by the Alibaba Group.
It was founded in 2010 and is comprised of small firms in China and other countries, such as Singapore, that sell to worldwide online shoppers.
TaoBao is a Chinese online shopping platform. Alibaba owns it and has its headquarters in Hangzhou.
As the biggest C2C marketplace in China, TaoBao faced early headwinds from international brands such as eBay.
These development years helped prepare the site for growth and success in 2005 when it become the country’s largest online marketplace.
One of the two primary payment solutions in China, AliPay was launched by the e-commerce marketplace TaoBao.
According to Alexa, Taobao is the most visited ecommerce website in the China in 2021.
TaoBao has been around for a long time and is one of the leading platforms for e-commerce in China.
You can buy incredible deals and look your best from head to toe, especially during their “ Single Day 11.11”
Flipkart is an Indian e commerce website located in Bangalore and registered as a private limited company in Singapore.
The firm began by selling books online before branching out into other product categories such as consumer electronics, fashion, home needs, food, and lifestyle items.
It’s now India’s biggest online shopping website.
Revelry is a bridal online website that specializes in bridesmaid dresses. Visitors are prompted to shop or purchase samples by the scrolling hero photos at the top of the page.
The menu offers multiple options, but it is less intimidating because the options are broken up on both the left and right sides of the page.
The product photos are really gorgeous, as is typical of the greatest ecommerce websites people encounter, showcasing the items in an interesting and attractive manner.
The best ecommerce website combine design and functionality, and there are so many wonderfully designed websites on the internet these days, so if you want to develop an e commers website, you will need help from experts like Exabytes, who can help you build your online ecommerce website.
Contact an ecommerce sales professional today for a consultation.