Business Models and e-Commerce. Jason C.H. Chen Professor, MIS School of Business Gonzaga University Spokane, WA 99258 email@example.com. Widespread Use on . Button a 13 century invention, took 400 years Bicycle appeared in 1818 and took 50 years to catch on Telephone
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