Consider the five categories of primary revenue models. Using the Internet, find another uncommon (avoid well-known sites) e-commerce company that fits each category. Explain why the selected company fits the category in which you placed it. Prepare a table to summarize your research.
250 to 300 word with clear and direct reference for each paragraph. hide problem
Business model is a design of the business of the firm to create value for the firm and its stakeholders. (www.ccs.mit.edu/papers/pdf/wp226.pdf) Five popular models are:
a. . Infomediary model?Provides information that helps consumers to understand products and markets
I have chosen www.bea.gov:
Bureau of Economic analysis as the website for discussion. . BEA is an agency of the Department of Commerce. Public organizations operate for social and other purposes. Their main goal is to provide social service along with maintaining its financial prudence. Thus its using the tool of ecommerce to disseminate the information to the public and other users. This model is based on transactions in virtual space. Also they are giving the timely updated information to the citizens. They are giving the following information:
One can give online orders and get deliveries.
Thus it's providing ample information to the users. One can also send feedback to them through the contact details. Thus it is helping BEA to reach a wide audience and makes delivery of service convenient, cost-effective and efficient. Thus this is helping the providing the right information to the right people at the right time makes for smarter, faster decisions. The information is exchanged much more quickly than any other ...
The five categories of primary revenue models are found.