...Business Models Of Popular Websites Business Essay The business model can simply be known as a working description that includes the general details about the operations of a business. Every business model consists of a number of factors. Some of these factors are expenses, revenues, operating strategies, corporate structure, and sales and marketing procedures. In general, anything that has to do with the day to day functionality of the corporation can be said to be part of the business model. In every business model, there is a need to address internal factors that relate to the ongoing operation of the company. These factors relating to operation involve defining the departments and the divisions within the company, along with the procedures that govern the creation of positions and job responsibilities within each department. Areas of operations such as manufacturing facilities, production process, labor requirements are also part of the business model. Management in regards to the various departments in an organization is also an important component of the business model, as this defines the job descriptions and responsibilities of the executives and employees within the organization. External factors also act as an important factor to any comprehensive business model. The most important of these elements is identifying the target consumer audience for the goods and services provided by the corporation. This one single element will influence the form and function of both...
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...Master in International Business, Intake 7 London Corporate Web Communications http://www.ryanair.com Martin Sentis 11 Martin Sentis MIB 7 – Group B Table of content INTRODUCTION ................................................................................................................................. 3 BUSINESS OBJECTIVES AND BUSINESS MODELS ............................................................................... 3 Presence ........................................................................................................................................ 3 Pricing ........................................................................................................................................... 3 Revenue......................................................................................................................................... 3 Exchange type ............................................................................................................................... 4 How does the Internet add value? ................................................................................................ 4 Rappa’s business model ................................................................................................................ 4 AUDIENCE PROFILE ........................................................................................................................... 5 WEB EVALUATION......................................
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...sports retailer This report introduces wiggle company with a brief description of its history. The literature review of the report is about the supply chain and value chain of the business. The literature review describes about the supply chain and how the information technology affects the supply chain of the business. It also deals with the current strategy of wiggle and how the strategy is achieved with the future plans. In addition the report helps to find out the affiliation of wiggle to other companies and the advantages of the affiliation model. Table of Contents: 1. Introduction: 3 1.1 Aim: 3 1.2. Objectives: 3 2. Literature review: 4 2.1. Information Technology and Supply chain: 4 2.1.1. Impact of Information technology on purchase: 4 2.1.2. Impact of Information Technology on Operation: 5 2.1.3. Impact of Information Technology on Logistic: 5 2.1.4. Impact of Information Technology on Customer relationship: 5 2.1.5. Impact of Information Technology on Firm: 5 2.2. Value chain: 6 2.3. Business models: 6 2.4. Strategy of wiggle: 7 2.5. Affiliation of wiggle: 7 3. Conclusion: 9 4. Bibliography: 10 1. Introduction: The history of wiggle can be traced from the small independent shop called butler cycle which was established in 1920s.According to wiggle website (2013) Mitch Dall took the property of butler cycles located at highland road in Portsmouth. As a part of sale conditions the shop would continue to operate for a period of five...
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...SITUATION Background What does UPS do? UPS delivers packages like mails and other documents to people and organization all around the world. What is their business? UPS is a company that delivers packages and also documents to more than 6.1million customers in more than 230 countries around the world. “UPS’s primary business is the time definite delivery of packages and documents worldwide’’(Wikipedia, 9/9, 12:18pm). One of the primary components that determine UPS’s success is how time definite and quick they are. This is accomplished by equipped, effective and efficient technology. COMPILATION What are the IT issues surrounding this case? * By investing heavily in IT, UPS has been able to gain a competitive advantage over its competitors. * How IT has been able to make work efficiient and efective by planning quicker and easier delivery roots, and also being able to track those delivery rootscan be an issue in this case. * Records of customers are kept, calculation of fees, and management of logistics are also saved through IT devices such as the bar code scanning systems etc. TO THINK ABOUT. 1) What are the inputs, processing and outputs of UPS package tracking system? A) Inputs * When UPS customer signs on theDelivery Information Acquisition Device (DIAD) that signature can be considered an input. * Customer Information eg house address. * Pickup’s eg mails, packages etc. B) Processing The whole process that involves...
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...house. 1. What Internet business model would be appropriate for the company to follow in creating a Web site and why? Each Internet business model is based upon certain skills and incorporates a certain set of responsibilities. Each of the models offers a wide variety of benefit. We need to comprehend the kind of Web site functionality necessary for the different sites and particularly which factors can provide this certain competence so that we can get the assessment of our related expenditures. There are three most common Internet business models - product sales, service sales, and information delivery. For this particular business of an automotive repair shop, I would like to make a mixed approach of 2 of the 3 business models. Apart from repairing automobiles and tires, which can be specified as service sales, the shop can also include the product sales by which they can sell the tires as well at a small scale. The proper model on which the website can be based could be a virtual storefront. There will be information on the storefront about the inventory about which tires are currently available at the store of the shop and what is the specification and price for each of them. Customers can have a look at the company's inventory and buy their specific item and have it shipped to them. They can use this service as a tool to pay their bills without going to the shop, which can be far from their location. They can place an order from home. The website can process payment information...
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...similarities and differences between the Google and Yahoo business models? Google and Yahoo are very similar, but there are also key differences between the two companies. Each site is considered a destination and is marketed as a place where consumers can fulfil their time on the internet by utilizing many different functions. Both of the companies can be considered B2C, or Business to Consumer companies. This means that they provide their services to consumers. Google and Yahoo are both portals, which means they offer users not only a functional search engine, but also a bundle of integrated services and content. This includes the ability to read the news, meet and chat with others and search for different entertainment such as celebrity gossip. Yahoo offers a search engine to users, but it also works to provide news, chat, e-mail and music. Google focuses mainly on being the very best search engine on the market. The revenue model for Google comes mainly from advertising and referrals from affiliates. On the other hand, Yahoo receives its revenue from advertising, subscription fees and transaction fees. The main competitors for Yahoo are AOL and MSN, while the main competitors for Google are Bing and Ask.com. 2. What are the most critical challenges and issues companies face when expanding the reach of their markets? Expanding the reach of 3. Describe the major business-to-business models. Give examples of each model (other than the ones listed in the...
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...Abstract The paragraphs below will detail the technicalities of an e-commerce website for Steve’s Used Appliances. Unit 3: E-Commerce and System Design When starting up an e-commerce website, the first thing to decide upon is the type of business model that will be used for the foundation of the website. The internet business model that best applies to Steve’s Used Appliances is affiliate marketing. In this model, a business pays off one or more affiliates for their marketing efforts to broaden the scope of customers. (Boris, 2011) This model will be the most helpful for a used appliance store because of the fact that appliances are not easy to sell. Having an affiliate model opens the door for other larger businesses to spread the word on this smaller business. Steve’s Used Appliances can definitely benefit from the creation of an e-commerce website. Having a website will make it possible for the company to get out information about their products and services without wasting money on postage, publicizing, or couriers. It also makes it possible for this small business to reach customers from cities farther away than they would with simple newspaper ads or commercials. An e-commerce website also provides several functions for a business. These functions are usually in reference to marketing, sales, customer support, and internal communication. (The Benefits of Having a Website, 2010) The use of a website also makes it possible for the company to display all of their promotions...
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...search of employment. I can no longer do that. I have changed jobs in the past ten years through online applications. It now takes very little time to search for employment. The employment agencies, can as well keep data bases of job seekers, so much that it is easier to find right candidates for employment. In the past ten years I changed jobs four times by the use of the internet. That has not been very expensive for me. Now I am earning a lot of money because I managed to search for the best jobs on the internet. Reference http://www.rileguide.com http://www.state.gov/documents/organization/2094.pdf The internet The internet has changed the lives of many people world over. It has also led to the emergence of new ways of doing business such as e-banking, e-books and ecommerce. The internet has assisted me in several ways. The one way which I can safely...
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...ecommerce business models, B2B (business to business), B2C (business to consumer), and C2C (consumer to consumer) and these three main models can combine other models which consist of merchant business model, advertising business model, affiliate business model, brokerage business model, information business model, and subscription business model. The B2C business model is a e-tailer business model, which is one of my chosen examples, entails virtual merchant, bricks and clicks, catalog merchant, and manufacturer direct, and as with any business models several can be combined for any business. My second example is a B2B business model that is an E-procurement business model which is a digital market that is a supplier exchange as in business to business or business to consumer through the internet. [ (Laudon, 2012) ]. The first business I chose to research in my project is Sears. Sears started with watches and then expanded to jewelry, later adding clothing, tools, electronics, appliances, and car service. After many years of operating as just Sears, they expanded their business by buying out Kmart; this caused them to have higher sales and a larger customer base. Sears is fourth largest retailer in the United States and Canada with over 4,000 retail stores and it leads in selling home appliances, tools, and lawn and garden, electronics, and car maintenance. Sears is a B2C (business to consumer) business model and an e-tailer (bricks and clicks) business model which have...
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...A. Pre-Face The popularity and acceptability of films like Oh My God and P.K. are posing threats to business models like these. Hence, to sustain and succeed with an online model like Where’s My Pandit, it is essential to increase consumer awareness about: – Importance of Indian Culture and the traditions that we follow Understanding of the rituals and pooja that are essential and required at different facets of life Wheresmypandit.com – it’s functioning, it’s offering and various services that it additionally provides To accomplish the objectives stated above and to make more consumer engagement we have thought of student-company involvement plan, which we have described in the following section. This solution will also address issues like increasing the target consumer database, market spread, awareness about the business model, social engagements at the company’s Facebook page and blog. B. Summer Engagement Program – SEP WMP should visit the campuses across Mumbai and should look for 100-150 students for an Engagement Program in summers. Students should first undergo training on understanding the product offerings and services of WMP. They should be divided in to groups of ten and hence should be assigned a geographical area in Mumbai based on their availability and convenience. The whole SEP can be divided into following phases: On the very first day of their visit, to their allocated areas, they will perform a street play, more commonly known as ‘Nukkad Natak’...
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...is undoubtedly the future of the video rental industry. Netflix has already taken a good lead in it but must have fresh ideas to keep its advantage in the industry. Beating its competitors in the domestic market is important, however, Netflix should jump out of its own circle into a new market to gain the first mover advantage. Looking at the global market, China is a good choice for Netflix’s next station. Using the Porter’s Five Forces model, Netflix can examine its advantages and disadvantages see whether entering China is good choice: * Bargaining power of customers China has a growing economy with a large group of new middle-class, who are able and willing to consume on entertainment. Nowadays, Chinese usually watch films on free websites with a low picture quality and slow Internet speed. While the number of people watching films are increasing, the picture quality is becoming more important for the viewing experience. Providing a fast, flexible and high-quality service, Netflix can persuade many customers into its subscription model. * Bargaining power of suppliers: China’s film and TV show makers have been facing a major problem: plagiarizing (including unpaid online watching), which substantially decreases their profits. They are finding a pathway to introduce their product to the customers. The advantages of plagiarizing products are the cheap prices and convenience, which Netflix can also provide. Netflix should cooperate with Chinese filmmakers to gain sources...
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...online retail line of business includes those products sold by Amazon as a traditional retailer, most commonly as a low-cost retailer. Amazon claims to have "Earth's Biggest Selection" of products available through its family of websites, sold at the lowest cost at a small profit. The company started as an online book seller, rapidly expanding into music and movies, and ultimately into electronics and household goods. But Amazon doesn't stock everything that is sold through its website. Another part of its retail strategy is to serve as the channel for other retailers to sell their products and taking a cut of every purchase. Amazon maintains its status as a destination website, but does not have to maintain inventory on slower-selling products. This strategy has made Amazon a leading long-tail retailer, expanding its available selection without a corresponding increase in overhead costs. Extending this long tail retail model further, Amazon introduced the sale of used products through its seller marketplace. Originally developed to compete with eBay, the seller marketplace provides another retail revenue stream for the company without the need to stock products in its warehouses. Advertising and shipping are handled exclusively by sellers, with Amazon taking a cut of every sale simply for providing the channel. Amazon's internet services cannot easily be discussed as a standalone line of business because it is deeply intertwined with both its retail business and the Kindle ecosystem...
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...SAYSON, Jessaveen Pate U. 3FM TH 9:00 – 10:00 BUSINESS : CLOTHING LINE www.clothingline.com @clothingline OPERATIONAL EXCELLENCE -Make substantial operations have instead in systems for automating production processes. -Business layer for managing orders, inventory, design, human capital, quality, schedules, product and design. -All operations have one thing in common: better coordination between business systems and production operations. -Improve overall performance in terms of income, designs, and products. -Focus on product leadership push the product development. -Create products that change the way of customers lives. NEW PRODUCTS, SERVICES, and BUSINESS MODELS -The customer will choose any of the latest fashion dresses, shirts, pants, crop tops and many more. -Sometimes, instead you’re the one who will gonna choose of your own fashion, we have some fashion experts or stylelist that you will have a conversation through chats or in personal. -Every week we are posting a new sets of fashion garments that customers always looked for it. -The clothes that are posted in the page are already on hand and ready to ship or to sell to our customers. -Sometimes, we are not posting a clothes but sometimes there are some fashion accessories that you can find in our site. CUSTOMER and SUPPLIER INTIMACY -Customer and supplier intimacy strategy use information systems to develop strong ties and loyalty with customers and suppliers. -Customer and supplier...
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...This case study looks at how new business models can create vast improvements in competitiveness. However, the models must be suited to the business environment at the time and will have a ‘shelf-life’ as the business environment changes. The case study looks at one on the world’s most successful adopters of a new business model that transformed the airfreight and package delivery sectors worldwide. But the advent of the internet in the mid-1990s meant that the FedEx business model had to change or the company would decline. This is also the story of how it rose to that challenge. l l l In 1965, Yale University undergraduate Frederick W. Smith wrote a term paper about the passenger route systems used by most airfreight shippers, which he viewed as economically inadequate. Smith wrote of the need for shippers to have a system designed specifically for airfreight that could accommodate time-sensitive shipments such as medicines, computer parts and electronics. In August of 1971 following a stint in the military, Smith bought a controlling interest in Arkansas Aviation Sales, located in Little Rock. While operating his new firm, Smith identified the tremendous difficulty in getting packages and other airfreight delivered within one to two days. This dilemma motivated him to undertake research on how to resolve the inefficient distribution system. In an interview with Fortune Small Business in 2002 he explained his business model for solving the problem: My...
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...Davidson. Harley Davidson is an American heavyweight motorcycle manufacturer. It has already established a brand name in Europe but now wants to expand dealership network across Asia. Harley Davidson is known for manufacturing heavyweight motorcycles but now they want to manufacture all types of motorcycles. Later part of the study will explain about internet business model. This report will discuss application of internet in terms of digital marketing. Harley can use different components of digital marketing to expand their business. Finally this study will focus on competitive advantage that Harley can get by using digital marketing medium. Table of Contents Motivations/Risks Associated with Global Expansion Strategy 5 Motivation 5 Risk 6 Competitive Advantage in Global Market 8 Entry Strategies for Global Expansion 8 Internet Approach Strategy 10 How the Internet Adds Value 10 Internet Business Models 11 Brokerage Model 11 Advertising Model 11 Infomediary Model 11 Merchant Model 11 Community Model 11 Subscription Model 12 Competitive Strategies 12 Leverage e-business Capabilities 13 References 14 Harley Davidson Harley Davidson is an iconic motorcycle brand headquartered in Milwaukee,USA. It was founded in 1903 by William S. Harley and Arthur Davidson. Harley Davidson was one of the major two motor cycle companies that survived in the time of Great Depression in USA during 1929. This motorcycle brand was most used...
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