E-business is here to stay. Back in the year 2000 the internet bust, people thought any real e-business was over, well e-business is back again and making another charge. Believe it or not, there is about ten different business models that businesses associate themselves with. E-business today is more than putting up an online store and having customers point and click. There are a number of ways businesses operate online. The four I want to talk about is consumer to consumer, business to consumer, mobile ecommerce, and E-learning.
E- Learning is probably one of the latest trends in e-business today. I remember taking my first college online class back in the year 2000. I remember it was taboo back then and everyone wasnt on board, including the teachers. Well fast forward to today, University of Phoenix is one of the leading online universities. University of phoenix had 50,000 people sign up in one month. That is more than most brick and mortar universities have enrolled all year. E-learning is a great business model. Even brick and mortar universities are using the model to increase revenue by adding more classes online. Businesses are using e-learning to train their employees as well. Most companies after hiring an employee will stick him or her in a room with a computer and get them trained on policies among other things. This saves time and money. The one trend that is affecting E-learning is the price, especially for universities. Customers are tired of paying the high prices for online classes, and this can hurt business. But nine times out of ten, most of these people taking online classes can online go to school online due to their schedule, and other obligations.
Mobile commerce is another model that people do not recognize. Mobile commerce is electronic...