E-BUSINESS

E-business models

Business model
a plan that details how a company creates, delivers, and generates revenues. Some models are quite simple: A company produces a good and service and sells it to customers.

E-business models fall into one of the four categories : 
Business-to-business
Business-to-customer
Consumer-to-business
Consumer-to-consumer    


E-business Models

Business-to-business
- Electronic marketplace (e-marketplace) – interactive business communities providing a central market where multiple buyers and sellers can engage in e-business activities.

Business-to-consumer 
- Common B2C e-business models include:
            –e-shop – a version of a retail store where customers can shop at any hour of the
day without leaving their home or office
–e-mall – consists of a number of e-shops; it serves as a gateway through which a
 visitor can access other e-shops

Business types:

–Brick-and-mortar business
–Pure-play business
–Click-and-mortar business


Consumer-to-business

-Priceline.com is an example of a C2B e-business model
- The demand for C2B ebusiness will increase over the next few years due to customers' desire for greater convenience and lower prices.


Consumer-to-consumer
 

E-business tools for connecting and communications

- Email
- Instant Messaging
- Podcasting
- Videoconferencing
- Web Conferencing
- Content management system


The challenges of E-business

- Identifying limited market segments
- Managing consumer trust
- Ensuring consumer protection
- Adhering to taxation rules