Understanding E-Business
This has to be my favorite chapter of the book. Of everything i have taken from this class I think my learning of social media, marketing, and e-business might be the most valued.
First step in understanding how your E-business model should work is knowing your consumer and business relation. Some of the most popular are shown below
Once this has been determined you can shape your model and decide where you need to go to cater to your needs and grow. Some questions to ask yourself...
Do I want to sell susbscriptions?
Is social networking important to us?
Will we be able to obtain ad revenue?
Questions like this will help identify the type of business you have and how you will market it.
Looking forward E-Business is just going to get larger and is an opportunity many have fallen victim to already by not staying current with. Borders is about to shut don and this is an example of a brick and mortar company simply not adjusting to the changes that were needed in todays marketplace.
Nice blog. You should work on it again :-)
ReplyDelete(Hi Drew!)