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 sides of buyers and sellers need to be cautious about the online business.

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

If you are doing online foreign trade e-business, you could visit IBUonline homepage to register and know more about the foreign trade entrustment service.