The terms “business model” and “ecommerce model” are often used interchangeably, but they’re not exactly the same thing. A business model describes how a company creates value for its customers, while an ecommerce model describes how a company generates revenue online.
A simple way to think about it is that a business model describes how a company creates value for its customers, while an ebusiness model describes how a company generates revenue online.
A business model is a framework that describes how a company creates, delivers, and captures value. It helps you understand how your company makes money and identifies opportunities for growth. This helps you create strategies that drive results.
An ebusiness model is a specific type of business model that is used for online businesses. It focuses on how the company generates revenue online and how it creates value for customers who come to its website or app. For example, an ebusiness model could describe how a company sells digital products such as books and other forms of media by offering them for free on its website but charging customers when they want to download them onto their devices (e.g., tablets or smartphones).
