Study on the Innovative Jewelry B2C Business Model in China and Africa

Author(s):  
Qi Shen Zhou ◽  
Ming Xing Yang ◽  
Peng Fei Zhang ◽  
Ying Qiu

According to the forecast of relevant business data, current jewelry consumption in China and Africa has become increasingly active and has great potential for further development. For now, the industrial value chain of jewelry e-business as a whole is far from a mature state; industry convergence degree is relatively low; market segmentation is high; the demand of customers is large, however the supply is full of chaos. Under the general context of rapid development of e-commerce in the Internet, the structure of jewelry industry requires further adjustment and further improvements. The concept of symbolic consumption has been proposed to highlight the increasing significance of extending symbolic value and experience of the commodity. This paper conducted an innovative and exploratory study on the jewelry B2C business model in China and Africa based on the value of user experience. The contents of this paper include four aspects. Primarily, it analyzes the strengths and weaknesses of jewelry B2C business model. Customers become the main players in the market and can select jewelry products based on their own preferences. Secondly, it explains the value of user experience by exploring the emotions, memories, feelings and deeper identity of value during the consumption process to expand broader space for product value. Furthermore, it provides an explicit analysis of innovative jewelry B2C business model concentrating on combining jewelry with customers' emotions. In addition, it explores the implications of innovative B2C business model in the jewelry industry by creating superior customer experiences.

2019 ◽  
Vol 17 (2) ◽  
pp. 1-15
Author(s):  
Chao Lu ◽  
Jialu Chang

The emergence and development of online music have brought a great update to traditional music industrial value chain. As consumers know, record sales, media dissemination, and peripheral income like concerts are three major sources of income of traditional music industry. Compared with that, the music industry now possesses an extensive consumer group, a new growth point, and a new development direction. Meanwhile, as laws and business rules of online music industry improving, the new online music business model need to be established. Based on value chain theory, this article sets up a brand new online music business model and analyzes the operation strategy, and services mode of the business model applying internet thinking.


2013 ◽  
Vol 756-759 ◽  
pp. 1003-1007
Author(s):  
Hua Qing Shao ◽  
Wang Bin ◽  
Yong Cheng Jiang

Electronic business activities of enterprise are changing the value creation process on every link of enterprise supply chain based on the rapid development of information technology. Constant innovations of electronic business model has had a powerful impact upon the traditional business model, and produced complicated influences on ERP platform interface of the enterprises and suppliers. Based on the value chain perspective, this paper makes data analysis by applying panel data model to electronic business model and enterprise informatization construction situation. The results show that the information construction of the case enterprise has promotive effect in analyzing the profitability of B2B, BMC and B2G models. Enterprise's information construction has limited positive facilitation to B2C mode, and negative effects may emerge because of cost problem.


2021 ◽  
Vol 235 ◽  
pp. 03061
Author(s):  
Guolin Zhi

In the context of the rapid development of global value chain theory, “Internet” as the main feature of digital trade has bred greater opportunities for international cooperation and has become a driving force for the reconstruction of global value chains. This paper studies the relationship between the development of the Internet and the reconstruction of the value chain, verifies the evolution path of the industry’s added value through theoretical derivation, and answers the impact of the development of the Internet on the evolution path of the smile curve. The results show that the “smile curve” is not a necessary feature of the upgrade of the manufacturing value chain. Some industrial value chain upgrades the form of a “Muslim curve”, and the Internet can affect the value added of the manufacturing industry’s export value through three ways.


2021 ◽  
Vol 13 (2) ◽  
pp. 499
Author(s):  
Bob Doherty ◽  
Pichawadee Kittipanya-Ngam

This study contributes to the growing interest in hybrid organisations, sustainable business models and inclusive value chain development (IVCD). Recent work has identified that of some 570 million farmers in the world, more than 475 million farmers are smallholders in low-middle-income countries experiencing increasing food insecurity and rural poverty. Research argues that there is a lack of research that provides work on appropriate solutions for smallholders. This paper answers this call by a qualitative study of ten case studies, which draws on hybrid organising, sustainable business model and IVCD research to identify the novel business model characteristics that hybrid organisations use to create and manage more inclusive value chains for smallholders. These hybrid organisations are designed to create a value proposition that delivers sustainability upgrading for smallholders via both product, process and governance upgrades, empowers smallholders to achieve development goals and creates multiple value for social impact. We therefore identify the important characteristics of the hybrid business model to provide appropriate solutions for smallholders and overcome the challenges identified in the inclusive value chain development literature.


Author(s):  
D. Shevchenko ◽  
V. Mihaylov

The article is devoted to the problems of digital transformation of companies in the service sector. The article describes the concepts of "digitization", "digitalization", "digital transformation", "automation". The analysis of the main sectors of the public services sector, the processes of transformation into a new business model of their development is carried out. Specific examples show the role of digital technologies implemented by individual companies, the leaders of their industry: "Internet of Things" (IoT); virtual diagnostics of the service; mobile applications and portals; artificial intelligence and machine learning (AI / ML); remote maintenance; UX design; virtual reality; cloud technologies; online services and others. The authors proceed from understanding the difference between automation and digitalization, the strategic goal of which is to create a new digital business model that creates new value. The result of digital transformation is the reconfiguration of processes that change the business logic of the company and the process of creating value. The article concludes that the rapid development of new technologies leads to the fact that companies face not only a dilemma when choosing the most suitable technologies for investment, but also the problem of staffing and finding an adequate organizational structure to create and maintain a new business model of the company.


2018 ◽  
Vol 33 (6) ◽  
pp. 749-767 ◽  
Author(s):  
Seppo Leminen ◽  
Mervi Rajahonka ◽  
Mika Westerlund ◽  
Robert Wendelin

Purpose This study aims to understand their emergence and types of business models in the Internet of Things (IoT) ecosystems. Design/methodology/approach The paper builds upon a systematic literature review of IoT ecosystems and business models to construct a conceptual framework on IoT business models, and uses qualitative research methods to analyze seven industry cases. Findings The study identifies four types of IoT business models: value chain efficiency, industry collaboration, horizontal market and platform. Moreover, it discusses three evolutionary paths of new business model emergence: opening up the ecosystem for industry collaboration, replicating the solution in multiple services and return to closed ecosystem as technology matures. Research limitations/implications Identifying business models in rapidly evolving fields such as the IoT based on a small number of case studies may result in biased findings compared to large-scale surveys and globally distributed samples. However, it provides more thorough interpretations. Practical implications The study provides a framework for analyzing the types and emergence of IoT business models, and forwards the concept of “value design” as an ecosystem business model. Originality/value This paper identifies four archetypical IoT business models based on a novel framework that is independent of any specific industry, and argues that IoT business models follow an evolutionary path from closed to open, and reversely to closed ecosystems, and the value created in the networks of organizations and things will be shareable value rather than exchange value.


2021 ◽  
Vol 235 ◽  
pp. 01062
Author(s):  
Shan Guan ◽  
Xin Wang

The rapid development of the Internet has drastically changed the competitive environment and the profit model of global telecommunications market. Virtual value chain is the information-based projection of value chain in the virtual world. It transcends the original one by creating new value in the value-adding process. This article studies the changes in Guangdong Telecom Company Limited’s market strategy from the perspective of virtual value chain, and allows telecom operators to take it as a reference for market strategies’ formulation. This article uses literature research method and case research method to draw conclusions that virtual value chain has helped Guangdong Telecom Company Limited establish new customer relationships, and the significance of virtual value chain is surpassing traditional value chain continually. Therefore, proper use of Internet-related technologies will help the long-term development of telecommunications industry.


2021 ◽  
pp. 096703352110542
Author(s):  
Yan Liu ◽  
Chao Wang ◽  
Zhenzhen Xia ◽  
Jiwang Chen

Biogenic amines are a group of nitrogen substances and widely adopted to assess the food safety, especially for the aquatic products. In China, crayfish ( Prokaryophyllus clarkii) have become one of the most famous aquatic products and form a complete industrial value chain. To ensure the safety of the crayfish industrial chain, a rapid and nondestructive method for determining the biogenic amines of crayfish by nearinfrared spectroscopy coupled with chemometrics was proposed in this study. The quantitative models of histamine, tyramine, cadaverine, and putrescine were built by using the partial least squares (PLS) regression. The spectral preprocessing and the wavelength selection methods were adopted to optimize the models. For histamine, cadaverine, and putrescine in peeled or whole tails, reasonable quantitative results can be obtained by using the optimized models; the coefficient of determination (r2) are 0.88 and 0.90, 0.88 and 0.91, 0.89, and 0.84, respectively. As for tyramine in peeled or whole tails, the results are acceptable and the coefficient of determination (r2) is 0.83 and 0.74, respectively.


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