Get to Know 5 eCommerce Business Models (B2B, B2C, C2C, C2B, B2G) Before Building a System for Your Business

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sohanuzzaman51
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Get to Know 5 eCommerce Business Models (B2B, B2C, C2C, C2B, B2G) Before Building a System for Your Business

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The e-commerce business model (B2B, B2C, C2C, C2B, B2G) is skyrocketing in 2021. As of August 2020, the e-commerce business has managed to record an increase in transactions of 429 trillion rupiah, compared to 2019 (205.5 trillion rupiah). In 2020, transactions from this sector were calculated to reach IDR 1,850 trillion or a 9-fold increase compared to Indonesia's e-commerce transactions in 2015 which were worth IDR 200 trillion.

Digital services come with advantages that we already list of finland cell phone numbers know, namely simplifying everything that was initially complicated and took a lot of time. The retail business is no exception to the internet. This business has shifted to digital services that we know as e-commerce. Consumers can buy something in large quantities at once without having to see it directly, just from a computer or cellphone.

The latest report by PPRO, a leading payment service company in the world on online payments and commerce in 2018, stated that Indonesia has the highest growth reaching 78% per year. Other countries for the top five highest market growth are Mexico 59%, the Philippines 51%, Colombia 45%, and the United Arab Emirates (UAE) 33%.

In addition to the growth of online shopping, the report also explains how the growth of infrastructure supports the growth of the online shopping market. The infrastructure in question, such as the number of credit card users, the number of people with bank accounts, including the growth in the number of internet and smartphone users, to online buying and selling carried out via mobile devices.

In addition, it explains the macroeconomic conditions of a country. This includes the number of people aged over 15, GDP, per capita income, and average spending on online shopping. No less important to know is the value of online shopping transactions and its portion of a country's total retail, and growth in various product groups in demand.
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