There is no doubt that the trend of eCommerce has grown exponentially and continues to enlarge every year. Nowadays, we are living in the age in which business without an online presence is a disadvantage. Due to the advanced technology eCommerce business is no more complicated.
In eCommerce business, it is not necessary that your customers are only individual customers but they can be other businesses or governments or administration. Same way with the seller. Sometimes it’s possible that some businesses use more than one business model.
Many upcoming eCommerce business owners don’t know what different types of eCommerce business models available to them. When we hear the word eCommerce the first thing that comes in our mind is that the transactions happen online. If you are starting eCommerce business then you will fall in one of the below categories. There are mainly six types of eCommerce business models listed below.
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