A Taxonomy of Internet Commerce (originally published in October 1998)

First Monday ◽  
2006 ◽  
Author(s):  
Paul Bambury

This paper is included in the First Monday Special Issue: Commercial Applications of the Internet, published in July 2006. For author reflections on this paper, visit the Special Issue. This paper attempts to clarify terminology discussing the interface between commerce and the Internet. It is also an empirically derived classification system or taxonomy of existing Internet business models. This taxonomy has two main branches - transplanted real-world business models and native Internet business models. The latter part of the paper discusses the role of business, governments, regulation and ideology in the development of I-Commerce and makes some cautious speculations regarding its future.

First Monday ◽  
2006 ◽  
Author(s):  
Fred Schiff

This paper is included in the First Monday Special Issue #6: Commercial applications of the Internet, published in July 2006. Special Issue editor Mark A. Fox asked authors to submit additional comments regarding their articles.


First Monday ◽  
2006 ◽  
Author(s):  
Paul Bambury

This paper is included in the First Monday Special Issue #6: Commercial applications of the Internet, published in July 2006. Special Issue editor Mark A. Fox asked authors to submit additional comments regarding their articles.


First Monday ◽  
2006 ◽  
Author(s):  
Fred Schiff

This paper is included in the First Monday Special Issue: Commercial Applications of the Internet, published in July 2006. For author reflections on this paper, visit the Special Issue. The examination here yields eight business models that describe more or less comprehensively the commercial approaches to online news. Using the models, I review the secondary literature to see what has worked, what trends have emerged, and what the experts expect. Approximately 300 articles were reviewed, based on a search of those stories that appeared in the business and trade press in hardcopy and online in the past five years. Surprisingly, a consensus opinion exists among experts who predict that the interactive model offers the most promise of eventually capturing the majority of online news consumers. My intent is to develop the models to facilitate further empirical study of which news websites are most likely to survive and succeed in the dot-com shakeout beyond spring 2000.


Author(s):  
Duanning Zhou ◽  
Arsen Djatej ◽  
Robert Sarikas ◽  
David Senteney

This chapter discusses a growth framework for industry web portals which present a new opportunity in the internet business. The framework contains five stages: business plan stage, website development stage, attraction stage, entrenchment stage, and defense stage. The actions to be taken and strategies to be applied in each stage are set out. Two industry web portals are investigated in detail. The two examples illustrate the applicability of the proposed growth framework to the real world. The combination of a conceptual growth framework and the application of this conceptual framework to two real-world examples yields a set of guidelines based in large part on lessons learned from the two examples. Thus, this chapter provides a concept-based growth framework and a set of real-world-based guidelines that will very possibly provide a practical benefit to industry web portal business practitioners.


2018 ◽  
Vol 7 (2.29) ◽  
pp. 524
Author(s):  
Sabrinah Adam ◽  
Batiah Mahadi

Internet business today is facing major transformations due mainly to increased competition, changes in consumer behaviour, and technological advancements. As Internet business is an important growth engine in Malaysia nowadays, a potential of a good entrepreneurial strategy-making (ESM) can be discovered to develop Malaysian Internet business. Besides, ESM is recognised as the driver of growth and profitability. Thus, this paper aims to develop a conceptual framework related to the role of ESM dimensions, which is the role of innovativeness, proactiveness and risk-taking towards organisational performance of Internet business in Malaysia. As such, this article includes a discussion of the background and the uniqueness of the Internet business and highlighting the role of entrepreneurial strategy-making (ESM) dimensions that have a relationship towards organisational performance of Internet business. The paper concludes with implementation of effective strategy-making that can benefit the Internet entrepreneur in future. 


First Monday ◽  
2006 ◽  
Author(s):  
Shay David ◽  
Trevor Pinch

This paper is included in the First Monday Special Issue: Commercial Applications of the Internet, published in July 2006. This paper reports initial findings from a study that used quantitative and qualitative research methods and custom–built software to investigate online economies of reputation and user practices in online product reviews at several leading e–commerce sites (primarily Amazon.com). We explore several cases in which book and CD reviews were copied whole or in part from one item to another and show that hundreds of product reviews on Amazon.com might be copies of one another. We further explain the strategies involved in these suspect product reviews, and the ways in which the collapse of the barriers between authors and readers affect the ways in which these information goods are being produced and exchanged. We report on techniques that are employed by authors, artists, editors, and readers to ensure they promote their agendas while they build their identities as experts. We suggest a framework for discussing the changes of the categories of authorship, creativity, expertise, and reputation that are being re–negotiated in this multi–tier reputation economy.


First Monday ◽  
2006 ◽  
Author(s):  
Robert J. Kauffman ◽  
Tim Miller ◽  
Bin Wang

This paper is included in the First Monday Special Issue: Commercial Applications of the Internet, published in July 2006. For author reflections on this paper, visit the Special Issue. The rapid ascent of the Internet economy funneled almost $US90 billion of venture capital money into Internet startups over a period of four years that roughly ended in mid-2000. An equally rapid bust in the cycle that year abruptly shut off funding and thrust remaining Internet companies into an unprecedented frenzy of adaptive strategic and organizational re-focusing behavior. In this article, we relate the findings of our study of this period of hyper-evolution and give a snapshot of the publicly reported "morphing" activities of 125 Internet companies, based on which we propose a profitability-driven typology of Internet firm repositioning behavior. The study provides academic researchers with an overview of industry strategic mutation patterns and provides executives with a process analysis for identifying and evaluating their own strategies in a way that is essential for success in the highly volatile Internet economy. We also offer our predictions on these strategies' efficacy in light of the current emphasis on business profitability and return on investment (ROI).


First Monday ◽  
2005 ◽  
Author(s):  
Mark Fox

This paper is included in the First Monday Special Issue: Music and the Internet, published in July 2005. Special Issue editor David Beer asked authors to submit additional comments regarding their articles. This article complements two works that I wrote around the same time—in Popular Music and Society ("E-commerce Business Models for the Music Industry", volume 27, number 2), and—along with Bruce Wrenn—in the International Journal on Media Management ("A Broadcasting Model for the Music Industry", volume 3, number 2). Technological, social and legal changes have continued to shape the development of business models in the music industry. Notably, Apple Computer’s iTunes service has been extremely successful with over 250 millions songs being downloaded and paid for. Today, some iPOD players are capable of storing 75,000 songs. Other major developments include the development of a download service (at 88 cents per song) by Wal-Mart, the world’s largest company. And, Napster has been re-invented as a subscription site. Alternative approaches to copyright have been developed, most notably by the Creative Commons project. I believe that the most interesting technological challenges today revolve around how technology can be used to help us decide—or decide for us)—what to listen to. Research on music information retrieval systems will no doubt lead to developments that make the way we access music today seem cumbersome. Considerable attention has been given to the legal implications arising from the distribution of music in a digital format via the Internet. However, less attention has been paid to the technological and social drivers of change in the music industry. This paper attempts to demonstrate the significant impact that social and technological forces have on the music industry, especially regarding lowering barriers to entry.


2000 ◽  
Vol 19 (2) ◽  
pp. 287-296 ◽  
Author(s):  
David W. Stewart ◽  
Qin Zhao

The authors examine the role of the Internet in marketing in the context of business models that are economically viable. This examination raises questions regarding the degree to which the Internet is genuinely different and whether it will be a boon to consumers and investors. Economic necessity associated with the need to obtain and maintain profit streams suggests that Internet markets will likely be more similar to than different from traditional markets. The authors challenge assumptions regarding the role of the Internet in creating frictionless markets that benefit consumers and the role of personal information and privacy on the Internet that are necessary conditions for potentially profitable business models. The authors also discuss subsidization of Internet businesses in the context of public policy and examine other issues related to the relationship of current models of Internet business to public policy and consumer welfare.


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