Assess which e-business model or models are best suited for

  • Assess which e-business model or models are best suited for your online store and explain why it is best suited for you.
  • Address the following questions for the business models you selected: 
    • Value Proposition – How will your product or service fulfill the needs to the customers?
    • Revenue Model – How will you earn money? Which revenue model will you be using? 
      • Advertising 
      • Subscription 
      • Transaction Fee
      • Sales
      • Affiliate
    • Competitive Environment – Who else occupies your intended marketspace? 
    • Market Strategy – How will you plan to promote your products or services to attract your target audience?
    • Management Team – What kinds of experiences and competencies are important for you to have?

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