Having an effective host provider is vital to the health and success of your website. Whether your site is booming or crashing will impact your business, so let’s look at some common mistakes you should avoid.Continue reading →

If you are a property investor, all your proceeds will be subject to tax depending on your country. For many people, this is not what they would like to experience. Hence, they opt to reinvest the property proceeds to avoid a high capital gains tax. After all, this might earn you more profit if you reinvest well. According to financial experts, this move should be made early and within the legal guidelines to avoid running into problems with the tax collectors.Continue reading →

Land remediation is a process in which natural resources and services are brought back to their baseline condition, or that of the same conditions as they would have remained were environmental damage not caused. If you have seen a news story about an area that was damaged by an explosion or some other natural event or disaster you will have heard about land remediation. Land remediation will bring back the land’s ecosystem into its natural state.

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Often a site that was previously used for industrial purposes will need some form of land remediation carried out. This enables the land to be used again without the danger of toxic substances remaining in the soil, for example. For help from a Land Remediation Company, you can find Land Remediation services from Soilfix

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The term land is used to describe the land as well as any soil beneath it. When land is affected by an environmental event, a land remediation process is carried out to bring the land back to its natural state. It will involve the removal of any plant life that was destroyed by the environmental event that caused the damage. This will include trees that had been destroyed due to storms or flooding, but it will also include plants and trees that had been displaced from their normal environment due to land erosion, subsidence, and shifting land. The process will also include the planting of new vegetation that can provide nutrients and moisture for the soil in order for it to return back to its original state.

 

Online marketplace platforms have slowly taken over the bricks-and-mortar shops, literally brick by brick through the years. According to studies, Revenue in the e-commerce market is projected to reach above US$400,000 million by 2020. We have been witnessing this steady and tremendous growth in the online marketplace industry since the 90s.

A perfect ecommerce platform depends on choosing the right multi-vendor marketplace software that starts by defining the ecommerce objectives and long term goal of your business Let’s dive right in, to understand further about the various types of marketplaces which will give us an insight as to how it grew to become a giant business in your niche.

Types of Marketplace:

Online Marketplaces are categorized into three basic groups depending on the below aspects of ecommerce that the platform focuses on

1. Marketplace by target audience
2. Marketplace by focus on particular niche
3. Marketplace by management approach

Studies have shown that an increased consumer trust on online transactions has been one among the foremost factors in the astronomical growth of eCommerce. In the eCommerce market, the number of users is expected to rise to 270 million by 2024.

So, in the following section we will take a plunge into the classifications under the category that focuses on the target audience.

• Business-to-Business(B2B):

As the name suggests, this type of marketplaces platform facilitates transaction between two businesses, i.e between manufacturer and wholesaler or retailer. B2B models are basically used to both purchase products and services in bulk and then sell it using other e-commerce models or to use it to procure raw material for a supply-chain management system. Suitable for bulk sales and purchases, B2B marketplace acts as a catalyst between individual consumers and businesses.

• Advantages of B2B Marketplace:

1. Bulk inflow of money
2. Encourages online business
3. Easy import and export of products
4. Less price sensitive

• The Best Examples for B2B Marketplace:

Alibaba, Made-in-China, Target etc

2. Business-to-Customer (B2C):

B2C marketplace platforms allow the businesses to get connected with the customers and sell their products and services directly to them.

The software of B2C marketplace is built in such a way that it provides the customers with an ocean of options to choose from, and the purchased goods will then be delivered right to their doorstep, at their convenience.

In other words, the B2C model is like an online shopping mall that is a one-stop-shop for everything you might need, with a single-point check-out counter.

• Advantages of B2C marketplace:

1. Personalized contact with customers and business
2. Cost effective goods and services
3. Opportunities to expand globally
4. Clear targeted market

• The best examples for B2C Model:

Amazon, Hotels.com, Aliexpress etc

3. Customer-to-Customer (C2C):

One of the initially developed marketplace platforms, C2C marketplace is built to support transactions directly between customers. It is also called as Peer to Peer marketplace model (P2P) as the transactions are made between two parties with similar needs and services/products.

One of the striking features of the C2C/P2P marketplace platform is that a customer who will be a buyer in one transaction can become a seller in another transaction and vice versa.

• Advantages of C2C Business Model::

1. Direct transactions
2. Wide reach
3. Negotiable market
4. Less transaction cost
5. Simple process

• Best examples for C2C Model:

Quikr, Airbnb, EBay etc

• Customer-to-Business(C2B):

A unique marketplace platform where the customers are the ones who sell their products and services to businesses. This variety of online platform is extremely suitable for freelancers and upcoming entrepreneurs. Here the consumers create value and prices for their goods and services.

Majorly seen in Crowd funding Projects, the only thing to be vary of is the legal formalities that have to be adhered to, given customers will be providing services to businesses.

• Advantages of C2B Marketplace:

1. Consumers provide market to the businesses
2. Negotiable prices
3. Direct consumers profit
4. Flexible transactions

• Best examples for C2C Model:

Online blog surveying, online influencing, photo stock websites etc

Business Models for Marketplace Platforms:

1. Commission Model:

Commission model is designed to charge the vendor/seller, a certain fixed percentage amount as commission for every successful transaction they have  made.

Example: B2B Marketplace and B2C Marketplace

However, there is one major customization that has been made to execute this model for the C2C/P2P and C2B marketplace platforms.

1. The commission will be charged to the parties, the sellers/vendors and the buyers. Thus making more profit on every transaction that occurs on these marketplace platforms.

2. Subscription Model:

Both the parties (seller and buyer) are charged monthly or yearly (depending on what is chosen), a nominal fee while registering to that particular marketplace platform.

Example: B2B Marketplace and B2C Marketplace

3. Listing Fee Model:

Not only is the registration and the sales chargeable, but even putting up the products on the marketplace platform is also chargeable. This charge is nothing but the Listing fee which the seller/vendor owes to the third party marketplace where they have listed their products and services on their platform.

Example: B2B Marketplace and B2C Marketplace

4. Paid promotion model:

Once the customers are registered, they can also avail services of promoting their products on those marketplaces platforms for a nominal fee. Well suited for the marketplace platforms that provide focus mainly on the goods rather than the vendors/sellers.

Paid promotion model further has to kinds,

1. Feature promotion category
2. Sponsor promotion category

Example: C2C Marketplace and C2B Marketplace

5. Advertising model:

Registered users can promote their products and services through advertising on the online platforms by paying a price for every product they promote.

This model is further divided into three types based on the parameters on how the charges are to be applied for their goods and services

1. Cost per impression (CPI)
2. Cost per click or pay per click (CPC/PPC)
3. Cost per period (daily, weekly, monthly)

Example: C2C Marketplace and C2B Marketplace

These are the types of marketplaces and their Business models that will help you in making an informed decision with respect to building your own Online Marketplace Business.

Choose Wisely and Get Started!

It is generally considered to be one, if not the finest comedies set in the workplace. Whilst Ricky Gervais’s only ran for 2 seasons on British TV the American version with Steve Carrell ran much longer. As we start to embrace home working, the Office starts to seem more like a historic record than the mockumentary it is. Seeing the cast roaming around in their Operator Chair you feel a bit wistful. At least if you need an office chair Operator chairs from Best buy office chairs have fast delivery to the home or office. Here are some interesting facts about the UK show.

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1. Ricky Gervais and Stephen Merchant sent the BBC a video of David Brent, rather than a script, so that they would see what the writers had in mind. They loved it.
2. Events in the show were heavily based on Gervais own 8 year experience of middle management. He particularly hated training.

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1. Completing the mockumentary feel is Gordon the Janitor. He stares transfixed into the camera for great lengths at a time. It’s actually Stephen Merchant’s Dad,
2. The Focus groups didn’t get it. It was given extremely low ratings by critics and test audiences. Slowly they came round.
3. Despite this the BBC showed faith in the pair and left them to it without any interference,
4. Gervais admits that of all the roles he’s played David Brent is the most fun.
5. Amazingly, Gareth was based on a real person. The character was not much of a change from the original.

Are you someone who has an interest in architecture and the technology surrounding building structure? Are you both creatively and scientifically minded? If so a career as an architectural technologist could be right up your street.

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What Is an Architectural Technologist?

This field is as lucrative as it is innovative. With senior level salaries ranging from anywhere between 30-100k, there are plenty of financial incentives in this sector. One American economic study predicted an average salary of over $52,000. But aside from a generous salary, the work of an architectural technologist is important in creating safe, functional buildings for a variety of purposes.

This is because the main duties of an architectural technologist focus on the design – both in terms of construction, technical design and sustainability – of new buildings and indeed those that are under renovation. Usually an architectural technologist will work with other designers, engineers and construction workers who may use equipment such as Electric Press Brakes available from places like https://www.cotswold-machinery-sales.co.uk/euromac/electric-press-brakes/  to turn blueprints into reality. The blueprints may go through a number of tweaks and alterations depending on whether they can be brought into reality.

What Do Other Duties Include?

Some of the other duties associated with this sector include overseeing project briefs, understanding legal implications such as land registry and regulatory issues, using both traditional and computer based drawing methods to create design proposals, risk assessments and liaising with clients and the relevant authorities as necessary. S

What Are the Progression Routes?

Those who want to work their way up to senior positions or chartered members of The Chartered Institute of Architectural Technologists may even be in with a chance of managing projects and ultimately running their own practice. This senior level is equivalent to holding a masters degree in the same sector.

How Can I Become an Architectural Technologist?

In order to pursue a career as an architectural technologist it is advantageous to study an undergraduate degree programme accredited by the CIAT. Only a handful of organisations across the UK offer this specific course however. Other related degrees may include computer aided engineering and construction. Work experience can also be extremely beneficial and gives candidates the invaluable opportunity to network and gain experience within the industry. Some programmes offer work placement options while studying.