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You Are Required to Sell Physical Products or Digital Products to Consumers Online.
BBD2133 - E-Commerce
13 Pages • Essays / Projects • Year Uploaded: 2022
As an entrepreneur, you are required to sell physical products or digital products to consumers online. The physical products could be a standardized product, customized product, or even second hand products. Digital products are electronic goods, content, or pieces of media that can be stored in a file or sold and shared online. The online platform to sell such products can be through online auction sites, social media sites. . You are required to include the followings in your assignment: a) Background of the company b) Nature of products/ services c) Classification of the Business Model by Revenue Model – please explain your business model using one or more than one from below • Product sales models • Transaction-fees models • Subscription models • Advertising-supported models • Sponsorship models d) Classification of the Business Model by Distribution Channel – please choose one • Direct marketing • Pure-play e-tailers • Click and mortar retailers • Or suggest any one of the distribution channels e) Benefits of electronic commerce to the consumers and company using the social media/website f) Limitations of electronic commerce to both the consumers and company
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