This document discusses various business models for e-commerce. It describes business models based on stocks, relationships between parties, and relationship of transaction types. Some key models discussed include B2C (business to consumer), B2B (business to business), C2C (consumer to consumer), brokerage, aggregator, info-mediary, community, value chain, and advertising. The document provides details on how each model works and examples.
This document discusses various business models for e-commerce. It describes business models based on stocks, relationships between parties, and relationship of transaction types. Some key models discussed include B2C (business to consumer), B2B (business to business), C2C (consumer to consumer), brokerage, aggregator, info-mediary, community, value chain, and advertising. The document provides details on how each model works and examples.
Original Description:
E-commerce unit 2 BBA 7th Semester Purbhanchal university
This document discusses various business models for e-commerce. It describes business models based on stocks, relationships between parties, and relationship of transaction types. Some key models discussed include B2C (business to consumer), B2B (business to business), C2C (consumer to consumer), brokerage, aggregator, info-mediary, community, value chain, and advertising. The document provides details on how each model works and examples.
This document discusses various business models for e-commerce. It describes business models based on stocks, relationships between parties, and relationship of transaction types. Some key models discussed include B2C (business to consumer), B2B (business to business), C2C (consumer to consumer), brokerage, aggregator, info-mediary, community, value chain, and advertising. The document provides details on how each model works and examples.
✓ Methods of doing business by which a company can sustain
itself, that is, generate revenue. ✓ Different methods through which an ecommerce generates revenue is called Business Model for E-commerce. In an Electronic Market: The interaction between participants is supported by electronic trade processes between buyer and seller that are basically search, valuation, payment and settlement, logistics, and authentication Business Model for E-commerce Based on Stocks 01 1. Stock Keeping Model 2. Drop shipping Model
Based on Relationship of the Parties
02 1. 2. B2C (Business to Consumer) B2B (Business to Business) 3. C2C (Consumer to Consumer) 4. C2B (Consumer to Business) 5. B2G (Business to Government)
(iii) Define requirements, (iv) Post request for proposals (REP). (How B2B (v) Review vendor reputation. (vi) Select vendor. Works?) (vii) Fill out purchase orders (PO). (viii) Send PO to vendor, (ix) Prepare invoice, (x) Make payment, (xi) Arrange shipment, and (xii) Organize product inspection and reception
ii. Focused sales promotion (likes, dislikes, preferences of the customers so that we can promote accordingly) iii. Scalability (across different time zones, and locations) iv. Saves distribution costs C2C (Consumer to Consumer)
✓ It’s a business model that fosters commerce between private
Transaction Types Brokerage Model In this model, there are third parties known as brokers, who bring sellers and buyers of products and services together to engage in transactions. Brokers have a frequent role in B2B, B2C, and C2C markets.
Broker charges a fee or commission for each transaction. It includes:
1. Marketplace Exchange 2. Buy/Sell Fulfillment 3. Auction Broker 4. Transaction Broker 5. Search Agent 6. Virtual marketplace or Virtual Mall Marketplace Exchange E-commerce sites like Orbitz.com offer a full range of services covering the transaction process, from market assessment to negotiation and fulfillment. Buy/Sell Fulfillment Takes customer orders to buy or sell a product or service, including terms like price and delivery. Example: CarsDirect.com Auction Broker Conducts auctions for sellers (individuals or merchants). Broker charges the seller a listing fee and commission scaled with the value of the transaction. Transaction Broker
Provides a third-party payment mechanism for buyers and sellers to
A hosting service for online merchants like Amazon that charges setup, monthly listing, and/or transaction fees. Eg: Zshops Aggregator Model Electronic commerce business model where a firm (that does not produce or warehouses any item) collects (aggregates) information on goods and/or services from several competing sources at its website.
The firm's strength lies in its ability to create an 'environment' which
draws visitors to its website, and in designing a system which allows easy matching of prices and specifications.
-Catalog merchant -Bit vendor -Subscription Model (should subscribe, eg., to access consumer reports) -Virtual Merchant Infomediary Model Some firms function as infomediaries (information intermediaries) assisting buyers and/or sellers understand a given market. Info-mediary model includes:-
1. Audience measurement services (helps market research agencies)
2. Metamediary (provides information without being involved in the actual transaction between the parties) 3. Incentive Marketing (provides redeemable points to consumers if they buy from associated dealers. Thus, data collected about users is sold for advertisement. 4. Advertising Networks (puts banner ads in member sites and collects data of the users for marketing. Community Model
✓ Open Source: Software developed collaboratively by a global community of programmers
who share code openly. Eg., Redhat, linux, etc. ✓ Open Content: Openly accessible content developed collaboratively by a global community of contributors who work voluntarily. Eg: Wikipedia ✓ Public Broadcasting: Eg: The Classical Station (by voluntary donation) ✓ Social Networking Services: Facebook Value Chain Model
✓ Value Chain Model:
Business model that describes full range of activities required to create a product or service Value Chain Model
✓ Portal: A website or web page providing access or links to other sites.
✓ Classifieds: List items for sale or wanted for purchase. Listing fees are common, but there also may be a membership fee. ✓ User Registration: Content-based sites that are free to access but require users to register ✓ Contextual Advertising/Behavioral Marketing: Pop-ups, form fill ups, surveys, etc.
