Question

When considering current emerging technologies, what may be the vision and characteristics of the real world C2C e-commerce market space in 2020? Explain your answer.

Answer 1

C2C market place is something which is close to peer to peer marketing or product selling. This C2C marketing will boost up the small scale groups/individuals to enter into the market with ease and scale up their businesses with the advent of following methods/

1. Advent of augmented reality can help in improving the buyers experience even before the product is brought.

2. Use of mass marketing techniques and advertising to a relevant product sect can help in targeting the relevant people.

3. Can help in maintaining zero inventory or less inventory.

4. Collaboration of various stakeholders involvement will be much effective with ease of information flow. I.e. Transparency from point of sale to point till it reach customers, while process flow is recorded and the intimations are sent at regular intervals.

I believe these 4 major changes will be a breakthrough how the C2C e commerce market space will change