COMPUTER APPLICATIONS
E COMMERCE AND E BUSINESS APPLICATIONS
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7
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10
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Detailed explanation-1: -Components Key Questions Value Proposition Why should the customer buy from you? Revenue model How will you earn money? Market opportunity What marketspace do you intent to serve, and what is its size? Competitive environment Who else occupies your intended marketspace?
Detailed explanation-2: -Key Elements of a Business Model include : Value Proposotion-Why should customer buy from you ? Revenue Model-How will company monetize? Market Opportunity-What market space to target and its size?
Detailed explanation-3: -A business model describes the rationale of how an organization creates, delivers and captures value. It can be described through 9 building blocks: Customer Segments, Value Propositions, Channels, Customer Relationships, Revenue Streams, Key Resources, Key Activities, Key Partnerships & Cost Structure.