BUSINESS MODELS To get started on your investigation for an online presence and an ecommerce site
To get started on your investigation for an online presence and an e-commerce site, you need to research what others have done before you. The goals of such sites are to increase revenue and expand the business's customer base. Store-front Web sites make money, like many traditional businesses, by selling products or services for a predetermined price that will generate a profit above their cost; however, you have to decide if this would be the right approach for a business to enter into.
Assignment Guidelines:
• Search the Web, and select at least 2 companies that use at least 2 different business models.
o Document your findings on how they may have a technological advantage over their competitors.
• Select 1 of the reviewed Web site types, and explain why it would be an ideal selection.
• Answer the following questions:
o What other types of companies do you think would be the most profitable using that site type?
o Would the concept of dynamic pricing be applicable to the model that you selected?
 Explain why or why not.
Compose your findings into a document of 850-1,100 words and be sure to cite your sources.
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