Phase 1 Task 2 Business Models

+

Natasha IbaranMGM310-0904B-06

Phase 1 Individual ProjectProfessor Harper11/27/09

+Business Models (E-Commerce)

Storefront model allows online payments, transaction processing, security, and storage for companies to sell their products or services.

Auction model allows customers to make bids on certain products or a seller has the ability to post bids.

Portal model allows customers to find mostly all products in one site.

Dynamic Pricing Model allows customers the option to choose your model and the compare prices.

+

A company that uses Storefront Business Model

Mrs. Fields cookies provides different variety of cookies.

They offer occasionally decorated cookies such as Thanksgiving colors and designs.

Christmas tree designs, different cookie selection such as chocolate chip, sugar cookies, macadamia nut, and fudge.

They also provide ordering options through their catalogs and allow customers to visit their stores all over the U.S and some locations international.

+Edible Arrangement Storefront and Portal Models Edible Arrangements is a company that provides fruit

arrangements for all purpose events.

Fruits are healthy and taste delicious in which many people love and can give as a perfect gift.

Variety of fruits are pineapples, cantaloupe, honey dew, oranges, apples, strawberry, grape, and bananas.

+How do these companies have a

technological advantage over competitors?

Mrs. Fields and Edible Arrangements have a technological advantage over TCBY and Floral and Gift Retailers because they have established a user friendly website and different variety.

Establishment has been around for a longer time in which gives them an advantage since they know what are their technology mistakes that they have fixed by now.

+

Discuss why it is most profitable for Grandma’s Treat to use a business model.

Mrs. Field would be the most similar site to Grandma’s Treat since it offers similar products.

This is consider a competitor, but it can help Grandma’s Treat learn and start there own E-commerce.

Play Next

+

Would Dynamic Pricing apply? Why or why not?

Dynamic pricing would apply to this product supply because demand of a product must be bought in order to gain income.

The price for ingredients such as flour, sugar, butter, eggs, chocolate, vanilla, and other accessories then dynamic pricing would apply for product items.

References

http://ezinearticles.com/?E-Commerce-Business-Models---The-Competitive-Edge&id=2155451 E-Commerce Business Models - The Competitive Edge by Debrah Kinsler.

http://topics.nytimes.com/topics/news/business/companies/amazon_inc/index.html Amazon.com Inc

http://www.eheintl.com/newsletter.jsp?p=111709.htm Pancreatic Cancer Awareness 11/17/09

http://www.mrsfields.com

http://www.ediblearrangements.com/