
Business Models Vocabulary
Flashcard
•
Business
•
12th Grade
•
Hard
Karen Sohn
Used 2+ times
FREE Resource
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28 questions
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1.
FLASHCARD QUESTION
Front
A business model used by companies who provide their services for free, and sell advertising space to fund their businesses.
Back
Advertisement model
2.
FLASHCARD QUESTION
Front
A popular e-commerce relationship where an online merchant agrees to pay an affiliate (promoter) in exchange for providing an advertisement and link to the merchant's site. Examples include Pay-Per-Click (PPC), Pay-Per-Lead (PPL), and Pay-Per-Sale (PPS).
Back
Affiliate Marketing model
3.
FLASHCARD QUESTION
Front
A business model where the company earns a fee for handling certain business activities for other companies, like advertising and digital marketing, and various other services.
Back
Agency model
4.
FLASHCARD QUESTION
Front
A business model that collects (aggregates) information on goods and/or services from competing sources, and collects a fee or commission per transaction for selling the aggregated products through its own platform.
Back
Aggregator model
5.
FLASHCARD QUESTION
Front
A business model where the auction house takes a commission for facilitating the buying and selling of goods or services by taking bids and then selling the item to the highest bidder.
Back
Auction model
6.
FLASHCARD QUESTION
Front
Blockchain is an unchangeable, decentralized, digital ledger. It is a digital database that no one owns but anyone can contribute to. Blockchain based models aren't owned or monitored by a single entity. Instead, they work on peer-to-peer interactions and record everything on a digital decentralized ledger.
Back
Blockchain
7.
FLASHCARD QUESTION
Front
A business model that companies use to provide a way for their customers to buy products at their bricks-and-mortar stores and also online.
Back
Bricks-and-Clicks model
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