If you are going to open new e-business, which model and market you choose ? Give an example, brief plan .

If you are going to open new e-business, which model and market you choose ? Give an example, brief plan .

 

 

Answer:

There are different model for e-business but I think with less investment one should go for Business to Business(B2B) model. In this model the company will use internet to conduct transaction with one another.This is a successsful model which generally adopted by more than 80% e-business firm worldwide. Here raw material, components and semi-finished products can be transfered to another business which will sale it by converting into final product.Unlike other model where end-user is consumer in this model when a business sells product to another business, aggressive advertising and marketing is not needed.

Asked on February 13, 2018 in economics.
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