quiz 2
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| A set of planned activities designed to result in a profit in a marketplace. | show 🗑
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| show | Core value, Competencies, Target Customer, Product and Services, Marketing, Management, Distribution, Cost and Distribution
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| show | 1-organization
2-value proposition 3-goto market
4-targets
5-mission
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| show | BUSINESS PLAN
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| show | E-COMMERCE BUSINESS MODEL
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| provide integrated, hotel, conference center, and auto rental services at a single | show 🗑
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| show | The Ideal Web Business
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| show | The ability to establish market prices and terms, as well as trends in the labor market.
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| sharing economy, collaborative commerce, peer-to-peer consumption, mesh economy, we-commerce | show 🗑
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| show | E-Commerce Enablers
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| Set of activities performed in an industry or in a firm that transforms raw inputs into final products and services.. | show 🗑
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| show | Firm Value Chains
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| show | Firm Value Webs
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| integrating Web and mobile operations with traditional physical store operations | show 🗑
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| Refers to the ability of firms to survive as profitable business firms during a specified period. | show 🗑
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| Digital network designed to coordinate the flow of communications among firms engaged in business together. | show 🗑
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| EIGHT KEY ELEMENTS OF A BUSINESS MODEL | show 🗑
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| show | VALUE PROPOSITION
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| show | REVENUE MODEL
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| Market opportunity is usually divided into smaller market niches. | show 🗑
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| Refers to the other companies operating in the same marketspace selling similar products. | show 🗑
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| It is achieved by a firm when it can produce a superior product and/or bring the product to market at a lower price than most or all of its competitors. | show 🗑
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| show | MARKET STRATEGY
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| The plan that describes how the company will organize the work that needs to be accomplished. | show 🗑
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| Employees of the company responsible for making the business model work | show 🗑
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| show | (S-E-T-C)
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| show | Seed capital
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| show | Elevator pitch
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| incubators, angel investors, commercial banks, venture capital firms | show 🗑
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| involves using the Internet to enable individuals to collectively contribute money to support a project. | show 🗑
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| show | (ET-ComP-ConP-P-TB-MC-SP)
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| show | (ED-EP-E-IC)
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| Online retail store or online version of a traditional retailer | show 🗑
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| Single-channel e-commerce firms that generate almost all of their revenue from online sales. | show 🗑
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| show | Variations: E-TAILER
b. Bricks-and-clicks
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| show | Variations: E-TAILER
c. Catalog Merchant
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| show | Variations: E-TAILER
d. Manufacturer-direct (D2C)
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| show | COMMUNITY PROVIDER
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| Offers customers digital content on the web, such as newspapers, magazines, books, films, television, music, games, artwork | show 🗑
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| show | a. Syndication
b. Aggregation
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| show | PORTAL
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| Variations: PORTAL | show 🗑
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| show | TRANSACTION BROKER
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| Builds a digital environment where buyers and sellers can meet, display products, search for products, and establish a price for products | show 🗑
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| show | SERVICE PROVIDER
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| B2B Business Models | show 🗑
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| show | E-DISTRIBUTOR
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| A firm that creates and sells access to digital markets where participants transact for | show 🗑
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| An independent vertical digital marketplace where suppliers and commercial purchasers can conduct transactions for direct inputs. | show 🗑
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| show | INDUSTRY CONSORTIA
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| show | Business Strategy
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| Five generic strategies | show 🗑
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| Service Industries: Two categories | show 🗑
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| show | a. Knowledge- and Information-Intense - makes them uniquely suited to e-commerce apps
b. Personalization and customization - level differs depending on type of service
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| show | Online Financial Services
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| 5: Online Financial Services | show 🗑
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| Applied to traditional financial services firms who are developing and implementing innovative technologies. | show 🗑
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| show | Online Banking and Brokerage
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| Early entrants hoped to simplify and speed up mortgage value chain. | show 🗑
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| Most insurance not purchased online. | show 🗑
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| show | Online Real Estate Services
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| show | Multi-Channel Firms
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| no physical presence, cannot provide all services that require face-to-face interaction. | show 🗑
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| show | Financial Portals
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| the process of pulling together all of a customer’s financial (and even nonfinancial) data at a single personalized website | show 🗑
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| show | Online Travel Services
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| show | a. For consumers
b. For suppliers
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| show | For consumers
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| a singular, focused customer pool that can be efficiently reached through onsite advertising and promotions. | show 🗑
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| show | Online Career Services
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| show | a. Traditional recruitment tools
b. Online recruiting
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| classified and print ads, career expos, on campus recruitment, employment agencies (staffing firms), internal referral programs. | show 🗑
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| more efficient, cost-effective, reduces total time-to-hire - enable job hunters to more easily distribute resumes - ideally suited for Web due to information-intense nature of process. | show 🗑
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Created by:
popie