Directory of top Ecommerce business models web developers should be aware of

Designing and developing an ecommerce store for your clients starts with the process of planning. Although it’s a tedious task, it is the base of your ecommerce project. A web developer needs to identify the requirements of their client’s business, who is going to be their target audience, what are they going to sell and how are they going to make money.

So, the most important step is to find the business model that suits your project and then integrate this model into your planning and research. For that you need to know the different models that are there.

1. Marketplace model

This type of business model is best suited for businesses that want a platform where they can bring in multiple sellers to meet multiple buyers. The profit here comes through commissions from sellers on successful sales transaction.

2. Franchise model

A franchise model is best suited for brands that manage multiple store outlets, in different locations and owned by different store owners. The catalogue and the brand pricing are managed by the brand centrally but the invoicing is done in the name of the store owner. The transactions are also done in the store owner’s account.

3. Single store model

This is the most basic business model for an ecommerce store. This is more suitable for small micro businesses as well as sellers who want to switch from selling manually to selling through their branded ecommerce website. It is quite similar to a B2C business model.

4. Drop shipping model

This model is best suited for retailers who do not stock the items they sell. When sellers get an order, they buy the product from third party and get it shipped by them directly. Here no warehousing or stock management comes into the picture.

5. Multivendor model

A multivendor business model is best suited for sellers who want to sell goods or services from different brands. This business model also cuts off the cost of warehousing, by picking up and dispatching the goods from multiple locations. However, the invoice is made in the name of seller.

6. Subscription model

This model is quite different from the other business models I have discussed earlier. In this model there is a recurring pattern of purchase for products or services. This model is great for sellers as well as buyers. One can see subscription model implementation in various industries like entertainment (Netflix, Amazon Prime), Grocery (Super, Country delight), Healthcare supplements &medicines and many more.  

Finally, I am done with the list but this might not be the end of it. There are different versions of an ecommerce store that enhances these business models further making businesses unique in itself. So, stay tuned for my next blog which will be coming up by next Wednesday. So now that we have this long list of different models, understanding each one completely will definitely take some time and then developing an ecommerce store for your client based on their suitable business model will definitely take up more time, eventually dragging your deadline. So, what can we do? Obviously, we will have to deal with it but there is a power pack solution out there, which is Storzb!

Now, you must be wondering what is Storzb and how can it help? Well, they have a suite of 18 plug and play ecommerce solutions that are suitable for different business models and what is best is, that they have a record of 21 days, to complete a complicated ecommerce website of a jeweler! Why complicated you would ask? The rate of gold and diamond keeps fluctuating. The rate changes with respect to different factors like diamond clarity, size, gold purity, etc. So all these factors involve lot of minute detailing. Not to forget that all this needs to be very accurate, as it involves sale of valuable goods.

So, there you have it! Go check them out at www.storzb.com and become their affiliate or channel partner to avail their amazing services.