E COMMERCE BUSINESS MODEL

TODAY MY BLOG IS ABOUT CONCEPT OF E COMMERCE BUSINESS MODELS

I GENERAL SENSE  A BUSINESS MODEL IS A METHOD ADOPTED BY A COMPANY TO GENERATE REVENUE FOR SUSTAINING ITSELF WHEREIN THE MATCHING OF BUYER AND SELLER IS INVOLVED . THE ROLE OF E-COMMERCE IS TO QUICKEN SUCH MATCHING BY ELECTRONICAL INTERACTION BETWEEN THE BUYERS  AND SELLERS . FOR EASY UNDERSTANDING , E-COMMERCE MAY BE DEFINED AS A OR ANY FORM OF BUSINESS TRANSACTION IN WHICH THE PARTIES INTERACT ELECTRICALLY , IN THE CONTEX OF E BUSINESS MODEL E COMMERCE MAY BE FORMALLY DEFINED AS TECHNOLOGY MEDIATED EXCHANGE BETWEEN PARTIES WHO MAY BE INDIVIDUAL , ORGANISATIONS OR BOTH AS WELL AS ELECTRICALLY SUPPORTED INTER-ORGANISATIONAL AND INTRA-ORGANISATIONAL ACTIVITIES WHICH FACILITATE EXCHANGE. IT MAY BE GLOBAL IN ADDITION TO TANGIBLE IT MAY BE FOR INTANGIBLE . ALL THESE FEATURES BRINGS ABOUT A NEW TYPE OF MARKET PLACE IN ELECTRONIC NETWORKS,


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