Abstract
Along with the booming development of China’s C2C online market, a variety of empirical researches on electronic commerce model have been examined over years. Based on the significant progress of ecommerce model research, a new oppurtunity on integration of ecommerce platform and social media has been noticed. This article examines the implications of economic value among the basic framework of social ecommerce model. This article focuses on Taobao, which is the biggest C2C ecommerce website in China, and Wechat, which is the most widely used social utility owned by China's largest Internet service portal—Tecent. This study attempts to provide an review of theoretical frameworks of social ecommerce model applied to Taobao and Wechat. By analyzing the approaches used by Taobao and Wechat to improve the volume of user traffic and create an information dissemination loop, it is possible to interpret the major characteristic of social ecommerce model. As such, a brief comparison between the traditional ecommerce and social ecommerce will be presented in the end of this study for prospectives on the development of online market in China.
Keywords: Social eCommerce, Social Media, Integration, Relationship, Framework, China, Taobao, Wechat.