EBK ESSENTIALS OF MIS,
EBK ESSENTIALS OF MIS,
13th Edition
ISBN: 8220106778494
Author: LAUDON
Publisher: PEARSON
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Chapter 10, Problem 2RQ
Program Plan Intro

E-commerce:

  • E-commerce also known as electronic commerce or internet commerce.
  • It is the process of buying and selling product by using online over internet.
  • Using e-commerce, customer can exchange the goods and services by electronically with no barrier of time.

Explanation of Solution

E-commerce revenue model:

The e-commerce revenue model are advertising, sales, subscription, free, transaction fee and affiliate revenue model.

  • Advertising revenue model:
    • When a webpage create revenues by revealing their large audience and attention to advertisement.
  • Sales revenue model:
    • When a company generates revenue through the selling of products, information or services.
  • Subscription revenue model:
    • When a web site creates revenue by providing its content or services to the customer in send for a contribution fee that allows access to the content...

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