Types of Business Models

Once a decision is made to develop a business, whom the customer will be is the next decision to be made. Whom will the company target as a customer? Will it be a business? Or will it be a consumer? Business-to-business (B2B) marketing has differences from business-to-consumer (B2C) marketing practices. This paper will outline these differences between the two types of e-commerce business transactions.

Many businesses have shown that after implementing an e-commerce system into their companies, sales have increased immensely. Sneaker Joe’s is a small family run business that is looking to expand their business after the sneakers they sell have shown to be very popular locally, after a picture of them was spotted on a social networking site. I have been looking at some of the most popular websites that consumers use to purchase their goods and what kind of commerce system they have in place, but first, I have written an explanation of the different types of ecommerce used today.

Google Company is one of the global leaders in technology and in enabling people access information from the internet through their efficient search engines. Google immediately gained the attention of the internet sector for being a better search engine than its competitors (Wheelen, Hunger, Hoffman, & Bamford, 2015). This was after a tremendous effort in marketing their services and capturing a large market worldwide. However, there being so many risks and challenges in this line of business Google has had the urge to come up with new strategies so that they are able to overcome any challenge before them. The major problem that Google has

It is difficult to categorize e-commerce business models because there are so many different e-commerce business models and every model has its own method.

Business models have a huge impact on how an organizations operate. It is crucial that an organization chose a business model before inception in order to succeed. Basically, business models have become the new basis of competition, replacing product features and benefits as the playing field on which companies emerge as dominant or laggards (Plantes, 2013).

The company has beliefs that the custom printing will target a huge segment of clients, who are in need of quality printing. The management team wants to serve a competitive price depending on the design.

Consumer to consumer e-commerce industry is a worldwide stage for any purchaser or customer. While most income originates from colossal number of exchanges, they increase enough from ads, auctions, reviews and so forth. Samples of such e-business incorporate Amazon, Etsy, Craigslist, Kickstarter, Taobao and so forth.

Business model design and innovation is a multi-faceted topic that goes beyond the products or services a company sells. It requires the firm to analyze the desires of the customers, required and available resources, and to subsequently develop a business model in line with these findings. The ultimate objective of this exercise to create growth and obtain greater profitability. Business model innovation is derived from one of the four strategic objectives outline the textbook by Osterwalder and Piqneur. These four objectives include identifying and solving a need which the market has not resolved, offering a new product or service that customers did not have access to before, to improve options available to the existing

Companies such as eBay and Amazon exploited the internet to support their business model of business-to-consumer (B2C) retail purchasing. E-commerce has proved to be a disruptive technology to traditional retail markets, such as Walmart. It also provided advantages to consumers with lower pricing, sales tax avoidance and convenience purchasing. Convenience purchasing is the ability to conduct business transactions using mobile technology from anywhere. E-commerce has become so effective that traditional bricks and mortar institutions, such as Walmart, have developed e-commerce capabilities to stay competitive. Walmart has adopted a bricks and clicks business model to help combat threats from Amazon and others. Bricks and clicks are defined as able to support online transactions while offering the convenience of

As discussed there are three different types of businesses, sole proprietor, partnership and corporations. With these businesses come many advantages and disadvantages that one will have to determine will best suit their own lifestyle. Starting a business is something very serious to plan and make sure you have the necessary financial backing to keep it running, and have the legal knowledge to keep yourself and organization covered. Lastly, if you have the knowledge and product you know something about and have the background the business could become successful and the more know how could make running a business less stressful.

A Business Model is an overall plan in which a company implements towards their overall objective in which they are hoping to achieve. The main purpose of a business model is to provide a diagram in which shows how the company will be able to achieve their objective of increasing revenue and profit. Companies/businesses used business models because they include all of the activates and helps firms to participate within their marketplace. Although Business Model may sound simple enough, business models have a wide variety of imitations in which helps achieves different businesses objectives. When doing any of the many different types of business model the many questions that must be answers is “how are you as

Business models also provide a business design and outlay that defines how the particular company can convert the various payments received into profits, and help the company to excel as an innovation and as a business model, as well as to understand the different business design options according to the customer needs and the various technological advances. To develop a successful business model, one has to ensure that the competitive advantage of the company remains a permanent part of it and that this model is difficult to duplicate and redo.

Describing chosen business model, articulate the pros and cons of both company-operated and franchise businesses and explain why I ultimately chose one model over the other.

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Sole proprietorship concern (also known as a sole trader/owner) is the most common and most favored option for individuals who want to establish a small business in Pakistan, or want to start a home-based business. This form of business is used by majority of start-ups on Pakistan, and it is the simplest way of giving corporate face to a small business