Three e-commerce models that make sense

Everybody loves what e-commerce has done for businesses. Since its inception during the Internet’ early days, it has opened a whole new world of business opportunities, not to mention the convenience it brought for both sellers and consumers. Decades later, e-commerce is still evolving to cater to the ever-changing tastes of online customers. Here are three new online e-commerce models that are not just innovative and resourceful, but also make good business sense.

Bundles

Bundles are collections of digital work (games, e-books, or comics) sold or distributed at a value determined by the customer. Often, if the customers pays above the current average, they receive extra items. Examples of companies that follow this business model are Humble Bundle and Indie Gala.

Image Source: indigamebundle.wikia.com

Assisted e-shopping
 

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Assisted e-shopping is essentially a member-based online shopping program that lets members purchase items with the help of a personal assistant. The client posts a desired product, and the assistant searches the program’s network of suppliers for the best deal available. Club Luichi is a good example of a company that practices assisted e-shopping.

Time banking

 

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Unlike other e-commerce models, the currency used in time banking is not monetary. Instead, participants barter their working hours. For example, a person volunteers to provide his or her services to another person for an hour. They are then credited with an hour, which they can redeem by acquiring an hour of work from another person. Organizations that use time banking include 65Hours and Time Banking UK.


Club Luichi adopts an innovative e-commerce model that is built on serving its members’ best interests by elevating their consumer confidence. Learn more about the company’s inventive business strategy from its official website.