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There are different types of business models that online business can utilize to make their business a success. There are advantages and disadvantages to each one. What works for one business may not work that well for another. There are models such as storefront model, auction model, dynamic pricing model, and portal model. Depending on what a company is trying to achieve will determine what type of model they should follow. A storefront model is exactly what the title implies. A storefront model store is a e-business that sells products just like a traditional walk in store except that the customer is able to shop from a virtual catalog from their home, work, or anywhere that offers access to the internet. An example of a storefront model business is amazon.com. Amazon.com is an e-commerce store that based in Seattle Washington. Amazon.com has a goal to try and provide anything that anybody can want o. A consumer can log onto one website and purchase anything without going to numerous different websites. They have a very large customer data base and have partnerships with a large number of businesses. Amazon also offers information about the products to help consumers make decisions about their purchases and tries to ship 95% of their products the same day they are ordered. (1000 ventures) Online auction model is a business that enables its customer to bid for products and services over the internet. Ebay.com is an online auction model that was founded in 1995 as well by a computer programmer named Pierre Omidyar. He tested his website by posting a broken laser networking. Ebay has grown to have 39 markets with more than 90 million ebay.com users. (Ebay). Ebay has advantages over it competitors because it offers the ability to buy products that may not be available anywhere else. It also offers the ability to pick the price that you want to pay for something

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