Business Models and e-Commerce. Jason C.H. Chen Professor, MIS School of Business Gonzaga University Spokane, WA 99258 firstname.lastname@example.org. Widespread Use on . Button a 13 century invention, took 400 years Bicycle appeared in 1818 and took 50 years to catch on Telephone
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Jason C.H. Chen
School of Business
Spokane, WA 99258
It can be realized through a combination of
- subscription fees,
- advertising fees,
- transactional income (e.g., fixed transactional fees, referral fees, fixed/variable commissions, etc)
It describes the way in which a company enables transactions that create value for all participants, including partners, suppliers and customers.
A business model can unlock hidden value by enhancing transactional efficiencies by enabling:
- reduced search costs, - transaction spped,
- reduced distribution costs, - reduced inventory costs, etc.
Table Properties of Digital Information that Influence its Economic Value