Wednesday, August 24, 2011

B2C,B2B, C2C or group buying online e-businesses have bright future

People may choose B2C websites to do online shopping because the products are sold at lower price at the same quality level as products sold at real shops.

Companies may choose B2B websites to buy something in wholesale mode or to do foreign trade business on the platform.

People may choose group buying websites to buy something at lower prices than individual buying price.

Sometimes B2C websites may post unreal products pictures or description to attract buyers. Both sides may have disputes on quality and payment.

B2B business may also have same kind of problems, a batch of products may be defectives or quality problems, then both sides may have disputes, which may influence the payment.

Group buying websites may have problems since the group buying price may not be lower than products or services sold at the real shops.

A HK report revealed that a group purchase website offered a 90 per cent discount on a Thailand travel package, with accommodation at a Banyan Tree hotel, worth HK$4,867, but buyers ended up saving only about HK$200.

Some travel packages purchased through group purchase websites were found to be more expensive than those booked via travel agencies. In one case, a group purchase website offered a Singapore travel package for HK$5,300, but the same thing was available at a travel agency for only HK$5,140.

No matter in what mode of e-business, B2C,B2B, C2C or group buying, both side need to be cautious about the online business.

Online e-business has bright future but there are still problems there.

B2B, B2C, online group buying e-business platforms emerged now. Both buyers and sellers are considering the integrity issue of online e-business.

Many people have experience of online shopping and some companies have experience of online foreign trade business and the two business modes are similar.

Buyers could only see product pictures and description of the products, which were posted by the seller, who may post better pictures than the real products and present better and overstated description on the websites.

Buyers need to check carefully on the pictures and description and then try to find out some comments of the company or the products, which may be given out by some other buyers who have bought the same kind of products in the past.

Recently, some online business operators launched group buying, which could benefit both parties, since buyers could buy products at lower price and the sellers could sell out more product at one time.

But such online group buying businesses have problems. Buyers may complain the products or service are not the same as the information posted on the websites. Sellers may have not enough resources to treat all the groups at certain moment.

When we do business, we have to choose good e-business platforms.

If you are doing online foreign trade, you can visit IBUOnline homepage to register and post product information and company profile for free.

Additionally, IBUonline launched foreign trade entrustment service.

Please register on IBUonline homepage to know more about the services.

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