Business Models

2. uses an electronic medium (i.e. a web site/store) to facilitate the buying and selling of products and services by businesses and consumers.
6. companies who provide their services for free, and sell advertising space to fund their businesses.
9. a roadmap of the business’s goals and objectives, and the strategy and details of how those goals and objectives will be achieved.
10. the company earns a fee for handling certain business activities for other companies, like advertising and digital marketing, and various other services.
13. charges a regularly scheduled fee, usually monthly or annually, for their products or services.
14. the retailer buys products from a distributor or wholesaler and sells directly to the consuming public, in either a bricks-and-mortar store or online store.
15. buys products from manufacturers and resells them either to wholesalers, retailers, or the public.

1. a company offers some basic services for free, and then charges money for certain additional features
3. allows a person or small business, called the “Franchisee”, to start a business by legally using a company’s brand, expertise, practices, & established business & operational systems & processes.
4. traditional physical street-side locations, like a local bank or hardware store.
5. provides low price points for the cost-sensitive consumer, also often called Low Cost Providers.
7. sells your product directly to your customers, the end user, without third-party retailers, wholesalers, or other middlemen.
8. the auction house takes a commission for facilitating the buying and selling of goods or services by taking bids and then selling the item to the highest bidder.
11. makes finished products from raw materials
12. how a company sells its products to customers and its plan for making a profit.