Business Models Flashcards

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Advertisement model

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A business model used by companies who provide their services for free, and sell advertising space to fund their businesses.

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Affiliate Marketing model

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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.

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Agency model

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A business model where the company earns a fee for handling certain business activities for other companies, like advertising and digital marketing.

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Aggregator model

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A business model that collects information on goods and/or services from competing sources, and collects a fee or commission per transaction for selling the aggregated products.

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Auction model

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A business model where the auction house takes a commission for facilitating the buying and selling of goods or services by taking bids.

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Blockchain

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An unchangeable, decentralized, digital ledger that records everything on a digital decentralized ledger.

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Bricks-and-Clicks model

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A business model that provides a way for customers to buy products at physical stores and online.

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Bricks-and-Mortar model

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A business model with traditional physical street-side locations.

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Business Model

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How a company sells its products to customers and its plan for making a profit.

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Crowdfunding model

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Collects small amounts of capital from a large number of individuals to finance a new business venture.