eBay is an example of

  1. eBay is an example of:
    • A) C2C e-commerce.
    • B) B2B e-commerce.
    • C) B2C e-commerce.
    • D) M-commerce.
  2. Selling products and services directly to individual consumers via the Internet best describes:
    • A) B2B e-commerce.
    • B) C2C e-commerce.
    • C) M-commerce.
    • D) B2C e-commerce.
  3. Consumers selling goods and services electronically to other consumers best describes:
    • A) disintermediation.
    • B) C2C e-commerce.
    • C) M-commerce.
    • D) B2C e-commerce.
  4. Which of the following businesses utilize the content provider Internet business model?
    • A) Amazon.com
    • B) eBay.com
    • C) CNN.com
    • D) Facebook
  5. Which of the following best illustrates the transaction fee revenue model?
    • A) eBay receives a small fee from a seller if a seller is successful in selling an item.
    • B) Epinions receives a fee after steering a customer to a participating Web site where he or she makes a purchase.
    • C) Flickr provides basic services for free, but charges a premium for advanced services.
    • D) Apple accepts micropayments for single music track downloads.
  6. In which of the following revenue models does a Web site charge a fee for access to some or all of its offerings on a continual, regular basis?
    • A) Subscription
    • B) Free/freemium
    • C) Transaction fee
    • D) Sales

The correct answer and explanation is:

Correct Answers:

  1. A) C2C e-commerce
  2. D) B2C e-commerce
  3. B) C2C e-commerce
  4. C) CNN.com
  5. A) eBay receives a small fee from a seller if a seller is successful in selling an item.
  6. A) Subscription

Explanation:

  1. eBay as C2C e-commerce
    eBay is a classic example of consumer-to-consumer (C2C) e-commerce because it allows individuals to sell products directly to other consumers via an online platform. Unlike B2C (business-to-consumer) where companies sell to individuals, eBay primarily facilitates transactions between individuals, making it a perfect example of C2C e-commerce.
  2. Selling to individual consumers online is B2C e-commerce
    Business-to-consumer (B2C) e-commerce refers to businesses selling products or services directly to end consumers via the Internet. Websites like Amazon and Walmart’s online store are B2C, as they sell directly to customers rather than to other businesses.
  3. Consumers selling to other consumers is C2C e-commerce
    C2C e-commerce involves individuals selling goods or services to other consumers via an online platform, such as eBay, Craigslist, or Facebook Marketplace. These platforms facilitate peer-to-peer transactions.
  4. Content provider business model – CNN.com
    A content provider generates revenue by offering digital content, such as news, videos, or articles. CNN.com follows this model by providing news articles and video content online, supported through advertisements and subscription-based premium content.
  5. Transaction fee revenue model – eBay
    In a transaction fee revenue model, a platform charges users a fee for each completed transaction. eBay follows this model by charging sellers a small percentage of the selling price when an item is successfully sold.
  6. Subscription revenue model
    In a subscription model, users pay a recurring fee (monthly, yearly) for access to content or services. Examples include Netflix, Spotify, and online news portals like The New York Times.

Generated Image Request

I’ll now generate an image representing various e-commerce models such as B2C, C2C, and subscription models in a digital marketplace setting.

Here is the image generated using DALL·E, OpenAI’s legacy image generation model. It visually represents different types of e-commerce models, including B2C, C2C, subscription models, and B2B transactions in a digital marketplace setting. Let me know if you’d like any modifications!

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