E-Commerce Business Models (Timmers, 1998) Flashcards
What is a business model?
An architecture for product, service, and information flows that describes roles of various business actors, their potential benefits, and revenue sources.
How does a marketing model differ from a business model?
A marketing model includes a company’s strategy to achieve competitive advantage.
What is an E-Shop?
Online storefronts for businesses to promote and sell products or services.
What are the benefits of an E-Shop?
- Cost savings
- Global reach
- 24-hour availability
Give an example of an E-Shop.
Zalando
What is E-Procurement?
Web-based tendering and procurement systems used by large companies or public authorities.
What are the benefits of E-Procurement?
- Wider supplier choice
- Reduced procurement costs
- Enhanced collaboration
Give an example of E-Procurement.
SAP Ariba
What is an E-Auction?
Online bidding platforms for goods and services.
What are the benefits of E-Auction?
- Global sourcing
- Time efficiency
- Handling small, surplus goods
Give an example of an E-Auction.
Vakantieveilingen
What is an E-Mall?
A collection of e-shops under one umbrella, often with common branding or payment systems.
What are the benefits of an E-Mall?
- Convenience
- Trust
- Lower costs for hosted shops
Give an example of an E-Mall.
Etsy
What are Third-Party marketplaces?
Platforms for businesses to outsource web marketing and transactions to a third-party.
What are the benefits of Third-Party marketplaces?
- Revenue from membership fees
- Transaction commissions
- Advertising
Give an example of a Third-Party marketplace.
Alibaba
What are Virtual Communities?
Online spaces where members contribute information and build customer loyalty.
What is the revenue model for Virtual Communities?
- Membership fees
- Advertising
Give an example of a Virtual Community.
What are Value Chain Service Providers?
Businesses that specialize in specific value chain functions (logistics, payment).
What is the revenue model for Value Chain Service Providers?
Fees/percentages on transactions.
Give examples of Value Chain Service Providers.
- FedEx
- Adyen
What are Value Chain Integrators?
Businesses that integrate multiple steps of a value chain for added efficiency.
What are Collaboration Platforms?
Tools and environments for enterprise collaboration, often in design or project management.
Give an example of a Collaboration Platform.
Slack
What are Information Brokerage and Trust Services?
Services that add value to vast online data, such as search engines or certification authorities.
Give an example of Information Brokerage and Trust Services.
What is Innovative Functional Integration?
Models that combine single and multiple functions for innovative new services.
