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Posted: April 20th, 2022
Assess which e-business model or models are best suited for your online store and explain why it is best suited for you.
Address the following questions for the business models you selected:
Value Proposition – How will your product or service fulfill the needs to the customers?
Revenue Model – How will you earn money? Which revenue model will you be using?
Advertising
Subscription
Transaction Fee
Sales
Affiliate
Competitive Environment – Who else occupies your intended marketspace?
Market Strategy – How will you plan to promote your products or services to attract your target audience?
Management Team – What kinds of experiences and competencies are important for you to have?
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Determine which e-business model or models are best suited for your online store and explain why.
Answer the following questions about the business models you chose:
Value Proposition – How will your product or service fulfill the needs to the customers?
Revenue Model – How will you earn money? Which revenue model will you be using?
Advertising
Subscription
Transaction Fee
Sales
Affiliate
Competitive Environment – Who else occupies your intended marketspace?
Market Strategy – How will you plan to promote your products or services to attract your target audience?
Management Team – What kinds of experiences and competencies are important for you to have?
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