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E-Business Models. Take Aways. Understand e-Business models & challenges Understand issues associated with information system security
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Take Aways • Understand e-Business models & challenges • Understand issues associated with information system security • Understand when and how to use basic functions in Excel including Financial functions PMT, FV, IPMT, PPMT, Logical functions, and Vlookup reference and lookup functions. • Where was the yo-yo invented? • Philippines. The yo-yo was first used by hunters as weapons. They were wooden disks on strings. In the 1920s, a man from the U.S. named Donald Duncan made the yo-yo into a toy after he visited the Philippines.
E-BUSINESS MODELS • Business-to-business (B2B) • Business-to-consumer (B2C) • Consumer-to-business (C2B) • Consumer-to-consumer (C2C)
BUSINESS-TO-BUSINESS (B2B) MODELS Systematic sourcing– involves buying through prenegotiated contracts with qualified suppliers Spot sourcing– businesses buy transaction-oriented commodity-like products and rarely involves a long-term or ongoing relationship between buyers and sellers
BUSINESS-TO-BUSINESS (B2B) MODELS Marketplace classifications • MRO hubs • Yield managers • Catalog hubs • Exchanges
Buyer Model (Few Buyers, Many Sellers) Reverse auction – the winning bid is the lowest, rather than the highest English auction – the highest bid offer wins
INTERMEDIARIES Intermediaries – agents, software, or businesses that bring buyers and sellers together that provide a trading infrastructure to enhance e-business Reintermediation – using the Internet to reassemble buyers, sellers, and other partners in a traditional supply chain in new ways
INTERMEDIARIES Types of Intermediaries
E-MARKETPLACE BENEFITS AND REVENUE MODELS Advantages and limitations of various e-marketplace revenue models
Future Trends: E-Channels, E-Portals, and E-Government Extended E-Business Models