CHAPTER 14 > Ebusiness

·      A business model is a plan that details how company creates, delivers and generates revenues.

·      An ebusiness model is a plan that details how company creates, delivery and generates revenues on the Internet.

Ebusiness term	Definition
Business- to – business (B2B)	Applies to business buying from and selling to each other over the Internet
Business- to- consumer (B2C)	Applies to any business that’s sell its products or services to consumers over the Internet.
Consumer- to- business (C2B)	Applies to any consumer that sells a product or services to a business over the internet
Consumer-to-consumer (C2C)	Applies to sites primarily offering goods and services to assist consumer interacting with each other over the Internet.

Ebusiness Forms

Content providers

·      Generates revenues by providing digital content such as news ,music, photos or video.

Infomediaries

·      Provide specialized information on behalf of producers of goods and services and their potential customers

Online marketplaces

·      Bring together buyers and sellers of products and services

Portals

·      Operates central websites for users to access specialized content and other services.

Services providers

·      Provide services such as photo sharing , video sharing, online backup and storage.

Transaction brokers

·      Process online sales transaction

Ebusiness tools

1.     Email

2.     Instant messaging

3.     Pod-casting

4.     Video conferencing

5.     Web conferencing

6.     Content management system

The challenge of Ebusiness

a.     Identifying limited market segment

b.     Managing consumer trust

c.      Ensuring consumers protection

d.     Adhering to taxation rules