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What is the difference between e-commerce business models and traditional models?

Fred Held EXPERT RESPONSE FROM: Fred Held

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QUESTION POSED ON: 19 July 2004
What is the difference between e-commerce business models and traditional models? Is it just the technology?

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This is an excellent question. The advent of e-business has transformed traditional business by:
  1. "24 hours a day, seven days a week"
  2. Global business while eliminating
  3. The middle man who acts like a broker and a distributor
That simple answer might help you. A far more complex answer is available to you.


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