1) What Internet business model would be appropriate for the company to follow i

Question

1) What Internet business model would be appropriate for the company to follow in creating a Web site and why?

2) In what ways can the business benefit from a Web site? What functions should it perform for the company (e.g., marketing, sales, customer support, internal communications, etc.)?

3) In what other ways might the company use the Internet for its own benefit?

4) Prepare functional specifications for the company's use of the Web and the Internet. Include links to and from other sites in your design.

5) Prepare a list of technological specifications for implementation (e.g., what hardware and software are necessary to support your design)?

Explanation / Answer

Here are some examples of Internet-Based Business Models to choose from.

Merchant and Brokerage Models

Community Model

Infomediary and Affiliate Models

Advertising Model

Manufacturer's Direct Model

Subscription and Utility Models

Web 3.0

In my point of view Subscription and Utility Models would be best. This model charges the companies monthly charging subscriptions for creating a website and whatever services they have utilized.

This is because it is very simple model. A company will not need too much of work to trace the subscriber data. Simply charging a monthly amount and additional charges for additional uses.

As per Chegg Policy I am liable to answer very first question. I will feel glad to answer your other questions if you ask them separately.

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