By Allan Afuah
Regardless of the Internet’s exceptional influence on enterprise and its achieve throughout all sectors, no version has emerged for thoughtfully valuing businesses’ web efforts. furthermore, thoughts for successfully competing during this atmosphere are only starting to materialize. This ebook addresses either one of those severe facets of the net and provides company types and methods for greater realizing this significant phenomenon. within the phrases of the authors, ...The framework (presented right here) permits clients of the textual content to make extra educated theory-based arguments as to how winning an Internet-based company might be, how a lot it'd be worthy, and the relative advantages of formulating and imposing an online approach for a longtime firm.”
Read or Download Internet Business Models and Strategies: Text and Cases PDF
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Additional info for Internet Business Models and Strategies: Text and Cases
Example text
In particular, they have a major impact on coordination, commerce, community, content, and communication—the 5-Cs. In coordination, the Internet reduces the cost of transactions, cuts lead times, and improves product-service features and quality. It takes commerce—business-tobusiness, business-to-consumer, consumer-to-consumer, or consumer-tobusiness—to a different level. The Internet redefines communities, making them virtual, larger, and much more valuable. More content is available to more people.
In general, creative destruction is taking place in three forms. First, brand-new industries have been created. , those provided by Internet service providers (ISPs)] have the Internet to thank for their business. Second, the Internet is transforming the structure, conduct, and performance of other industries, in many cases rendering the basis for competitive advantage obsolete. Travel, newspapers, and insurance are the tip of an iceberg of industries that are likely to experience creative destruction.
Most important, anyone connected to the Internet has the power to broadcast information to anyone on it. In the older media, broadcasting is limited to a select few. 2. Universality Universality of the Internet refers to the Internet’s ability to both enlarge and shrink the world. It enlarges the world because anyone anywhere in the world can potentially make his or her products available to anyone anywhere else in the world. For example, a musician in Ann Arbor, Michigan, can make his music available to the rest of the world by posting it on the World Wide Web.