Question

What channel of e-commerce has become the dominant model for many small and medium sized businesses?

What channel of e-commerce has become the dominant model for many small and medium sized businesses?

Homework Answers

Answer #1

With the efficient use of e-commerce channels, many small businesses and medium-sized businesses can grow their business. It is an excellent opportunity for these businesses to enhance their business and try to take a competitive advantage over their competitors. Affiliate marketing is one of the channels of e-commerce which helps these businesses to merge with big multinational companies and start working as a part of them. For example, Amazon and Flipkart offer small and medium businesses to work with them and start selling their products on their sites, helping them earn sufficient revenues, and their business will grow effectively and efficiently. Social media marketing is another e-commerce channel similar to affiliate marketing that provides opportunities to sell social media services and products. Social media has millions of people worldwide, and it is an excellent platform for these businesses to grow and achieve their business objectives. Content marketing is another e-commerce channel that helps businesses grow, and a person can share their creativity at an online platform by sharing videos, blogs, and write-ups, which helps them earn a valuable revenues.

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