The e-Business model is seen as a model that “describes how a company functions; how it provides a product or service‚ how it generates revenue‚ and how it will create and adapt to new markets and technologies”. The e-Business Model contains four traditional components. These are labelled as the e-business concept‚ value proposition‚ sources of revenue‚ and the required activities‚ resources‚ and capabilities. For a business to be successful their aim would be to integrate these components successfully
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Amazon.com’s E-Business Model Amazon.com’s E-Business Model This paper will discuss how the largest retailer of books‚ Amazon.com has expanded into many other markets besides books and maintained profitability. It will examine how Amazon was able to maintain its brand identity and also look at whether Amazon should consider retail locations. Furthermore this paper will compare and contrast the websites of Borders.com‚ Barnes and Noble.com‚ and Amazon.com according to the functionality
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E-BUSINESS MODELS As defined by Canzer‚ a consumer – to – consumer ( C2C) business model is one in which firms facilitate the exchange of data directly between its users over the internet. It does not use the peer - to – peer ( P2P) software which allows direct access to the individual’s computer files but instead provides a platform to load text‚ images‚ music / video files‚ etc for sharing among users. This platform for sharing and interaction has a commercial dimension with the aid of advertising
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Groupon is a deal-of-day website that features discounted gift certificates to its customers redeemable at local or national retailers. For retailers who are associated with Groupon‚ It offers several advantages through free advertising and marketing. For one thing‚ it’s always beneficial for companies to feature their business free on the Groupon web site. With traditional advertising and e-mail marketing‚ retailers pay lots of money up front with no guarantee that the message will reach the consumers
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Date: 4/13/2015 Group 2 GROUPON Group Members Elna Rony Evangeline Hombal Jessica Rae Velasquez Shilpa Karanam Sumadhuri Kasapuram Groupon made huge waves in the business world when they first started with their concept. Groupon launched in 2008 with just a few dozen employees to over 350 employees with in a year and a half. Groupon was reported to be worth $1 billion dollars in just 16 months in to the business. When they were just two years old‚ Groupon surprised the business world by turning down
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the Case of Groupon Maastricht University School of Business and Economics Maastricht‚ Dec. 4th‚ 2012 Course: Global Business Table of contents Page 1. Introduction 2 2. Business model 3 3. Organizational Structure 4 4. Groupon’s corporate strategy 5 5. Groupons global strategy 6 6. Groupon’s entry to China 7 7. An Evolving Role 10 8. Conclusion 11 9. References 12 10. Appendix 13 1. Introduction Groupon is a deal-of-the
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Introduction Groupon is a company that mainly conducts business operations online on a website. The company features discounted vouchers on its website that subscribers can purchase and use at local and international companies. The company started operating in 2008 in Chicago and gradually expanded its services to other parts of the world. This paper explores various issues presented in a case study about Groupon to determine whether its business model is sustainable or not Analysis Based on the
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Groupon is a deal-of-the-day recommendation service for consumers. Every 24 hours‚ Groupon broadcasts an electronic coupon for a restaurant or store in our city‚ recommending that local service while also offering a 40% to 60% discount if purchase that service. Groupon is a middleman service that promotes our city’s restaurants and stores. Groupon encourages people to try a different restaurant or store each day‚ and earns a commission whenever they successfully refer a customer. Groupon itself
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e-Business Model‚ Venn Diagram Technology Application and e-Marketing – MKT552 February 18‚ 2013 Howard Kersey Introduction The e-Business sector is seeing tremendous growth at a time when technology is the lifeline for many people. Online business models are used to convert new technology to economic value. For some start-up companies‚ familiar business models cannot be applied‚ so a new model must be devised to fit the vision for the new entity. Not only is the business model important
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Groupon Inc. History Groupon is a word combination between “group” and “coupon.” Groupon is a website that offers the best daily deals on restaurants and bars around your area‚ getaways‚ spas‚ goods‚ and things to do. Groupon was launched in November 2008. Groupon is an outgrowth of ThePoint.com‚ an online community launched in 2007 for organizing all forms of group action and fund-raising around a “tipping point” of required participants. Its headquarters and first market was Chicago‚ then
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