The paper "E-Business Models for Companies" is an outstanding example of an essay on business. Business models are plans that are made by companies to earn profits by implementing such plans. Every organization makes some plans to achieve the mission of the company and have a competitive edge over its competitors. Making the plan and its implementation is a part of the business model. Sustainability and success can be achieved with the help of an innovative business model. New entrants in the market need to implement a great business model to capture their desired market share and give healthy competition to others in the market (Casadesus-Masanell & Zhu, 2013).
There are different business models for different companies. Usually, for companies that begin their business with low capital or they have a small scale business then their business plan is expected to be a simple one that can be easily implemented. Large organizations have complex business models that require experienced and efficient employees to implement them perfectly and attain benefit from them (Bertels, et al. , 2015). An e-Business Model is similar to that of a normal business model and achieves all the factors that are achieved through a usual business model.
With the help of an e-business model, a company can find a way to generate revenue and realize the procedure of providing products or services to its customers. There are four main components of an e-Business model that are e-Business concept, value proposition, the source of revenue and activities, resources, and capabilities. These components are the traditional components of the e-Business model, and all of them must work together to be supportive and beneficial for the company.
E-Business performs the same activities as a normal business but the placement of orders is done through the Internet, and there is no direct contact with the customers. Those organizations that only do marketing and promotional activities through the internet are not a part of e-Business (Casadesus-Masanell & Zhu, 2013).
List of References
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