scholarly journals Performance Analysis of B2B and B2C companies in Northern Macedonia and Serbia

2020 ◽  
Vol 2 (2) ◽  
pp. 89-99
Author(s):  
Vedat Asipi ◽  
Benjamin Duraković

The purpose of this paper is to analyze and compare two different business models called business to business and business to consumer. The first model -business to business or B2B is defined as the transfer of goods and services between businesses or firms without the interference of consumers. The second model, business to consumer or B2C is customer-oriented in which the goods and services are sold immediately to customers in the market. This research focuses on the performance of these two business models in North Macedonia and Serbia. Our analysis tries to provide information regarding the countries’ development in different sectors within B2B and B2C models that are affected by specific indicators such as net salaries, total employment level, investment and exports, and research&innovation. Furthermore, besides the analysis of these indicators separately for each country, the paper will show the results and compare the performance differences among listed developing countries.

2020 ◽  
pp. 118-127
Author(s):  
Yong Geng Chen

This research paper provides a detailed evaluation of the business concepts in Electronic Commerce (E-Commerce). The concept of E-Commerce defines the exchange of goods and services with monetary value between consumers and companies. E-Commerce is a web-based catalogue whereby buyers can possibly place order and sellers possibly accept payments. E-Commerce incorporates two forms of business: Business-to-Business (B2B) and Business-to-Consumer (B2C), which provides a definition of the commerce transactions between enterprises, such as between the wholesalers and the manufacturers or the retailers. B2C E-Commerce provides enterprises with the model which allows businesses to deliver purchasers to the relevant merchants and achieve from the commission rewards given by the merchants. This paper evaluates two forms of business with relation to management of Virtual Enterprises (VE) in the field of E-Commerce. The paper will end with an analysis of VE before projecting future directions for health of B2B and B2C in business.


Author(s):  
Chris Fill ◽  
Scot McKee

This chapter explores some of the principal characteristics used to define business markets and marketing. It establishes the key elements of business-to-business (B2B) marketing and makes comparisons with the better-known business-to-consumer (B2C) sector. This leads to a consideration of appropriate definitions, parameters and direction for the book. After setting out the main types of organisations that operate in the B2B sector and categorising the goods and services that they buy or sell, the chapter introduces ideas about the business marketing mix, perceived value, supply chains, interorganisational relationships and relationship marketing. This opening chapter lays down the vital foundations and key principles which are subsequently developed in the book.


Author(s):  
Muhammad Waleed Butt ◽  
Usman Javed Butt

The digitalisation of global financial technology and marketing is central for the success of many banking organisations across the globe. Digital disruption is a change that occurs when new emerging digital technologies and business models affect the value proposition of existing goods and services for low end demanding customers or for new market customers. Digital banking or online or virtual banking is leading to the digitization of all the traditional banking activities, products, process, or services. It is needless to state that mere adaptation of digital media to comply with trends does not guarantee success. The digital trends in the banking industry has seen banks focusing on digitalization core processes, increasing awareness, financial inclusions, and undertaking sustainable practices. FinTech (i.e., financial technology) is competing with traditional financial methods in the delivery of financial services and reaching the unbanked segment of society, particularly in developing countries. There is a strong need to understand drivers and trends in the FinTech industry.


2016 ◽  
Vol 31 (8) ◽  
pp. 943-954 ◽  
Author(s):  
Ryan Neill Stott ◽  
Merlin Stone ◽  
Jane Fae

Purpose The purpose of this research is to identify how managers can apply the results of academic research into the concept of business models for creating and evaluating possible models for their businesses. Design/methodology/approach A review of the literature is followed by two case studies, from the airline and logistics industries, followed by recommendations based on both. Findings The findings are that there is relatively weak consensus among academics as to the definition and meaning of a business model and its components, and that the notion of generic business model applies better within rather than between industries, but that the discussion is a very fertile one for developing recommendations for managers. Practical implications The managerial implications of the study are that in their planning and strategizing, managers should factor in a proper analysis of the business model they currently use and one that they could use. Originality/value The study provides a useful addition to the literature on the practical implications of business models.


2008 ◽  
pp. 3357-3364
Author(s):  
M. Lynne Markus ◽  
Christina Soh

An important line of research on global information management examines the effects of national culture on IT development, operations, management and use. This paper argues that global information management researchers should not lose sight of structural conditions related to business-to-business and business-to-consumer e-commerce activity. Structural conditions are physical, social and economic arrangements that shape e-commerce business models and influence individual and organizational use of the Internet. Examples include geography (which affects the physical distribution of goods purchased online), space (which influences the choice of access technology for e-commerce) and financial infrastructure (which is related to credit card use). Structural conditions differ from country to country—and even from location to location within country, but they are not necessarily related to dimensions of natural culture. Therefore, valid explanations of global differences in e-commerce activity require a careful assessment of relevant structural factors.


Author(s):  
M. Lynne Markus ◽  
Christina Soh

An important line of research on global information management examines the effects of national culture on information technology (IT) development, operations, management, and use. This chapter argues that global information management researchers should not lose sight of structural conditions related to business-to-business and business-to-consumer e-commerce activity. Structural conditions are physical, social, and economic arrangements that shape e-commerce business models and influence individual and organizational use of the Internet. Examples include geography (which affects the physical distribution of goods purchased online), space (which influences the choice of access technology for e-commerce), and financial infrastructure (which is related to credit card use). Structural conditions differ from country to country — and even from location to location within country, but they are not necessarily related to dimensions of natural culture. Therefore, valid explanations of global differences in e-commerce activity require a careful assessment of relevant structural factors.


Author(s):  
Richard M. Escalante

The global environment of e-commerce is revolutionizing business practices and reshaping traditional business transactions over “computer-mediated networks” (Schmitz et al., 2001). Although fairly well-established in developed countries, e-commerce in Caribbean developing countries remains in the early stages of development. Put it simply, given the peculiar set of social, economic, technical, and legal issues affecting these economies, e-commerce is viewed as a complex but challenging business issue. Admittedly, both local and regional businesses have realized that e-commerce can “accelerate economic development” (Schmitz et al., 2001) in their respective economies. As a result, they have hastily attempted to “leap-frog” into the global networked economy. Yet, several challenges remain to be faced by these businesses. This article is concerned specifically with Internet-based Business-to-Consumer (B2C) e-commerce, unlike other e-commerce forms, such as Business-to-Business (B2B) and Business-to-Government (B2G).


2019 ◽  
Vol 1 (1) ◽  
pp. 24-33
Author(s):  
Benjamin Durakovic ◽  
Amar Cosic

The aim of this paper was to compare two business models, namely business to business and business to customer. The first model is oriented towards the delivery of intermediate goods ordered by an immense foreign market leader that is outsourcing a part of its business. The second model is more customer oriented and is about innovation and creation of goods ready to be immediately sold on the market. Bosnia is a developing country, and often a place for establishing B2B businesses. However, we are lacking in innovation, our own know-how and creation of challenging business opportunities. It also faces the problem of brain drain, therefore it is in a need of a plan for retaining the youth within the country. The analysis aimed to show how the employment level is affected by the investments, exports, and salaries within the B2B and B2C group of sectors. The results showed that Bosnia has a huge potential for employment increases if the concentration of investments is directed towards innovations and B2C businesses.


Author(s):  
Henry Aigbedo

Of the many innovations that have impacted humanity during the last millennium, the Internet can be considered by far the most pervasive: It is transforming different facets of human activity, not the least of which are business transactions. One of the fundamental issues that a given firm’s management seeks to address, is how best to utilize input resources to provide customers with goods and services of higher value, thus generating profits and increasing market share. To facilitate activities embodied in this transformation process, a growing number of firms now use the Internet. This chapter analyzes the interrelationship between e-commerce and operations, and assesses the role operations should play to ensure the success of business-to-consumer and business-to-business e-commerce. It also proposes how to address key issues in order to harness the full capability of the Internet for commerce.


2019 ◽  
Vol 118 (9) ◽  
pp. 390-407
Author(s):  
Dr. M. RAJA

Services marketing are a sub field of marketing which covers the marketing of both goods and services. Goods include the marketing of fast moving consumer goods (FMCG) and durables. Services marketing typically refer to the marketing of both business to consumer (B2C) and business to business (B2B) services. Common examples of service marketing are found in telecommunications, air travel, health care, financial services, all types of hospitality services, car rental services, and professional services.


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