Commemorating the latest trends of Social Networks and Online Marketplaces on an individual basis, Our seCommerce has the potential to bring about a disruptive change in the digital market store.
It is like a Social Networking Site, where a user has a Profile, Followers and Following, Different Community for different topics however the platform is not a social networking site, it is a dedicated site for online commerce.
Hence it has robust feature for buying or selling goods online.
The business model of this social commerce concept is based on a simple, three-step mechanism
Step 1: Putting a Request;
When a seeker (user) wants any product he will simply put a request for the product, there are a predefined set of product categories, which helps the app to simplify and organize the request from the seeker.
Apart from categories there are set of predefined additional requests which he/she can make, for example, if a seeker wants a formal shirt, he/she will be able to choose, size, color, material or brand etc. and there is also an additional box to mention any other request apart from these predefined ones.
Step 2: Quoting Offer;
Once the seeker submits his/her request, a notification will be sent to all the relevant person, his followers, relevant community/groups, the Online retailers selling the product.
Then the one who has a product or wants to sell the product will quote the offer with product image and attributes, even if someone wants to suggest a seller he can do that as well, the seeker will get a notification for every quote submitted by the provider.
Step 3: Placing Order;
Once the user gets all the quotes from friends, followers, online sellers, community members, he can choose any offer he wants and place the order with just click of a button.
Next steps in the process depend on the revenue model chosen for this concept, there are many revenue models to choose which are mentioned in the following parts of the blog.
This Social Commerce Concept is a unique yet very simple and adaptable business model, you can even adopt the model for selling services.
In the model business could have a unique business account where they get additional features like giving deals and offers, sponsored placement and more while the user gets multiple options and deals to choose from, the marketing managers can down-rightly market about their business, and the admin earns profit out of the customer satisfaction, so it is a win-win situation for everyone.