IRNUX

// Blog

  • Oct

    17
    2016
    eCommerce Business Models

    What is eCommerce?

    In its simplest sense, “Commerce” is an act of trade between two parties.

    Adding an “e” to commerce introduces a layer of complexity by transferring the transactions, rules, procedures and fail-safes into a virtual word. On the Internet the provision of trust becomes the keystone of any successful trading model because without trust, no-one will trade.

    eCommerce is driving the new economy and the Internet is its primary facilitator. The Internet is a communications network that has revolutionized the way people access, share and use information.

     

     

    General Business Models

    Electronic business is normally defined as:

    • B2B (business to business)
    • B2C (business to consumer)
    • C2C (consumer to consumer)

    eCommerce Business Models

    • Advertising Model
    • Affiliate Model : amazon.com
    • Broker / Brokerage Model
    • Community Model
    • Infomediary Model
    • Manufacturer Model
    • Merchant Model
    • Subscription Model
    • Utility Model

     

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