This is very interesting revenue models... what are they really? Well let's define the two terms and see if we can make sense of this:
Here a just a few of the multitude of defintions for revenue
Revenue - 1)equals total sales from operations, 2)Total sales from goods and services, before expenses and taxes; 3) Monies received from all sources (with the exception of fund balances) that will be used to fund expenditures in a fiscal year; 4) Products and services sold to customers by a company.
Model: a hypothetical description of a complex entity or process; exemplar: something to be imitated
Okay, now how do we place this term into a reliable description as a part of a e-business plan? Give me some input...
"description of a complex entity that can be imitated to produce a exemplar of the overall business sales before expenses and taxes"
What about this article describing the 5 best revenue models...
http://www.findfreearticle.com/aid1408/The-5-Best-Revenue-Models-in-E-Commerce-History.html
9 comments:
COOL! i posted a comment!
a hypothetical description of a complex entity or process by selling products and services sold to customers by a company on the internet.
I think that this is the same things as the GBK Enterprises I was talkign to you about here is the link. http://www.gbkpartnership.com/welcome.htm
interesting....
Nicely put! I'm new to this entire blogging thing, so please, be patient.
I read the article about 5 best revenue articles in history. I did not realize that the people who have banners running around their websites were owned by other people. I honestly thought they were spam because most of them are spam to me such as the games to win an I-Pod,etc. I did know that informational sites are more popular then selling product on the internet. There are many people out here like me that would like to see the product before purchasing it. The shopping cart was a good idea because you can buy multiple products instead of one by one. And another article I read called 8 Things You Must do to Have a working E-Commerce Site said that you must always accept credit cards. In todays society paper money is almost extinct, and my personal opinion it will be in the next ten years. If the game Monopoly has came down to using the debit card method, the world is soon to adapt. Just a little joke. But other tips that were mentioned was create security, customer database, and get a separate bank account that accepts other persons' credit card deposits.
I understand the ideas behind basis for internet commerce and its ability to generate revenue, but I am still struggling with the big picture on how it all ties together. It seems that it all connects, but the lines are way to blurry to make out. I assume that as the class progress it should become a bit more clearer, least I hope so.
It seems to me that Online business revenue models can be broadly classified into two types.
1. Revenue from conventional b2b, b2c and c2c models.
2. Revenue from Internet specific, innovative business models.
Option 1,online stores selling goods in business to business (b2b) and business to consumer business models by their very theme suggest that their revenue is through selling goods on Internet.
Business to business (b2b) and business to consumer models can also sell services on Internet, again the revenue mode being money for services. Examples can be like a business model between a job web site and a consultant.
In online consumer to consumer (c2c) business model, the website may charge the consumer for advertising his product or might charge a commission when a transaction is made to purchase that product advertised there. Example can be like a consumer being charged commission for every transaction that he makes through ebay.com.
Option 2 on the other hand is Revenue from Internet specifically.
Most websites generate revenue by placing advertisements in their web pages. These advertisements can be information about a physical business or a link to another website.
Sponsored ads can be a permanent banner or a rotating banner placed on an advertising website and is charged for a fixed time interval like monthly, quarterly, yearly etc.
Today there are a number of agencies through which you can signup to publish advertisements in your site.
yeah, sounds good. The sales or income that should be imitated continuously, or increased. As models are usually smaller.
Maybe I don't know what I'm talking about.
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