A computer system comprises hardware and software components, aiming to offer a powerful computational tool. These systems play a crucial role across diverse domains, aiding us in numerous tasks. The prevalence of the internet has significantly bolstered the utilization of computers for information sharing and communication. Computer systems empower us to store, process, display, and transmit information. Even in a basic modern computer system, multiple programs are typically required to carry out various functions effectively.

Monday, March 23, 2015

B2B: Vertical markets

Business to business or B2B, e-business models take a variety of forms. B2B marketplaces can be classified as vertical or horizontal. Vertical markets are industry specific.

A vertical market is a specific industry in which similar products or services are developed and sold using similar methods. They are well suited to sell direct goods that are incorporated into the final product or offered for resale items that tend to be industry specific.

E-commerce solutions in this category most frequently address the inefficiencies within a given industry, and hundreds of vertical market makers have already emerged in highly scattered, highly populated industries.

Examples of broad vertical markets include insurance, real estate, banking, heavy manufacturing and transportation.
B2B: Vertical markets

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