Monday, June 28, 2010

Internet business models

Internet business models - B2B,B2C,Web based store fronts these models have revolutionised
the trade,mode of production in the business field. The e-procurement system became famous
owing to automated buying solutions.This is deemed to be capable of reducing maintenence, repair, and operating expenses. Web based storefronts provides a low cost channel for global marketing and sale of goods and services.
The next business model that changed the perception of doing business online was e-market place. An e-market place is an online venue which bring together multiple buyers and sellers
and makes it easier for them to communicate,collaborate and trade as members of large community.
There is another model called enterpriseB2B with supply chain management is capable of strea-
lining procurement and sales processes,cutting overhead costs increasing efficiency. Scope of this
business involve creation,management, and distibution of product content. Accurate and complete product content improves quality and speed of purcasing decision by giving buyers
the vital information. Product content differentiates the products and enable them to participate
in multiple e-market place,e-procurement system .The e-market place and e-procurement
system provide content with value added information such as ratings, reviews,regulatory compliance and service information to attract users and fulfill the needs of diverse buyer and
supplier communities.Creating and displaying high quality content is difficult because different
suppliers use different discription,attribution and parameters to describe the same.Buyers and
sellers have totally different approach and require different functions from a product content
management solution.
Buyers need a comprehensive content management systems which allows them to take conclusive buying decision with a minimum of cost and effort.Suppliers want a system that enable them to manage their branch,control their product discription,pricing and discount
policies.

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