10 Questions
What is a business model?
A set of planned activities designed to result in a profit in a marketplace
What is a revenue model?
How the firm will earn revenue and generate profits
What is a market opportunity?
The area of actual or potential commercial value in which a company intends to operate
What is a value proposition in e-commerce?
Reasons why the customer should buy from a company
What are the major types of revenue models?
Advertising, subscription, transaction fee, sales, affiliate, freemium
What does a firm's business plan describe?
The firm's business model
Which is a successful e-commerce value proposition?
Reduction of product search, price discovery costs
What does the revenue model in e-commerce focus on?
Earning revenue and generating profits
What does market opportunity in e-commerce typically involve?
Serving a specific marketspace and its size
What is a major type of revenue model in e-commerce?
Subscription revenue model
Test your knowledge of e-commerce business models with this quiz. Explore the key elements that define a successful e-commerce business and understand how to leverage the unique qualities of the internet and web to drive profitability.
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