Revenue Models Essay

Revenue Models Essay

Length: 2378 words (6.8 double-spaced pages)

Rating: Research Papers

Open Document

Essay Preview


REVENUE MODELS ON WEB

INTRODUCTION
A revenue model defines as in a business how a trade or commerce produces returns from the product or services that the business provides (1).This is one of the most important model of the business model. As a current business wants to involve in the new upcoming areas of trade it should be able to defend the new competitors in the market. Therefore, a business needs to create their revenue models wisely. At the beginning of the business one need to keep in mind to build a good revenue model as it is important to keep up the business growth initially as the stockholders are very much concerned and intelligent in investing their shares in the business.(1)
Defining the revenue model of the business and also judging how to price the products and technologies that are manufactured by the business are the most crucial part in development of products and tools. Finally the business model is includes by pricing the products and technologies and the revenue model which effects the marketing decisions by means of the customer service decisions.(2) The revenue model is used for middle and lengthy period estimates of a company’s revenue process and procedures and also by what means a business is going to get income, profits and produce more returns on what a business has invested.(3) The effect of revenue model and set a price judgments are difficult and have a basic effect in what way the business is going to operate. Every business is going to have their own innovative revenue model.
Finally there are many different revenue models that a business is going to consider and also reinvent their revenue models. The revenue model finally needs to satisfy the customer and client decisions. Many busine...


... middle of paper ...


...rehend it, and specifically address it. (5)

REFERENCES
1. Earn Laniado, “Revenue model types”, 2nd April 2013, http://www.bmnow.com/revenue-models-quick-guide/
2. Brian Swift, “The Revenue Model”, April 2014.
3. Edward Giesen, Saul J. Berman, Ragna Bell, Amy Blitz, "Three ways to successfully innovate your business model", Strategy & Leadership (2007), Vol. 35 Iss: 6, pp.27 – 33. http://www.emeraldinsight.com/journals.htm?articleid=1631488 .
4. Jung Wha Han and William R. Boulton, Strategic Responses of U.S. Firms to the Japanese Competitive Challenge, “Strategic Analysis Models” , Volume 3, 1992, pp. 69-90.
http://www.auburn.edu/~boultwr/html/strategic_analysis_model.htm
5. David Ehrenberg, “7 Steps to Developing Your Revenue Model”, 22 April 2013 http://www.affinitylive.com/resources/blog/7-steps-to-developing-your-revenue-model/













Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Proposed Revenue Recognition Revenue From Contracts With Customer By The Financial Accounting Standards Board

- The purpose of this paper is to comprehend how the proposed Revenue Recognition-Revenue from contracts with customer by the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) will impact different industries and their financial reporting. Finally, the implementation of new standards will have meaningful implications for both historical and future reporting. At the end of this paper, the reader will have a better understanding of the new revenue recognition principles and the effect it will have upon financial reporting in the United States....   [tags: International Financial Reporting Standards]

Research Papers
885 words (2.5 pages)

Essay on Sustainability And Consistent Revenue Generation

- Introduction on Sustainability: Sustainability is defined as the development that encounters the needs of the present without compromising the ability of future generations to fulfill their own demands. The role of sustainability in any organization according to Derk L. (2013) and Katinka W. (2013) is to create a fundamental shift in the organization with economic and cultural advantages through environmental responsibilities. Sustainability also includes the liabilities that an organization holds against the stakeholders and the investors of the company that it shall reap benefits for them in the long term....   [tags: Sustainability, Sustainable development]

Research Papers
1507 words (4.3 pages)

Essay on Streaming And Digital For New Business Models

- Streaming and Digital downloads Introduction. Since the digitalization of the music, members of the artistic community have been stressing about the future of the music industry. The internet has enabled a revolution in how to share content and culture, on the one hand has left in shock to many traditional music industries and on the other hand has allowed the birth of new creative ways of monetizing music in the environment digital with new business models. We believe that the key to adapting to the new digital environment is to enhance the ease by sharing content, using it to deposit money from other sources than the direct purchase of musical content itself....   [tags: Music industry, EMI, Streaming media]

Research Papers
1430 words (4.1 pages)

Lowering The Prices Of The Product Will Increase The Sales And Revenue Of A Company

- It is reasonable to assume that lowering the prices of the product will increase the sales and revenue of a company. But is it really so. Here in this article we are trying decipher and find whether lowering the prices strategy work in the real world or not. To decipher the real outcome of this strategy we have to understand the basic human nature and behaviour. Consider the situation in which a customer is presented with three watches. One is priced at $100, the second one is priced at $500 and the third one is priced at $1500....   [tags: Price, Marketing, Sales, Competition]

Research Papers
876 words (2.5 pages)

The Four Types Of Business Models Essay

- Four Types of Business Models The most cited authors in Business Model strategy literature are Amit & Zott (2001), Chanal & Caron-Fasan (2008), Magretta (2002), Osterwalder and Pigneur (2009), Voelpel et al. (2004), and Walter & Back (2010) 1) An Open Business Model: Also known as the community model (Rappa, 2005, 2010) with value creation within the community (crowd) and value capture by the firm 2) A Closed Business Model: The closed model is called closed in so far the firm is seen as being a closed pipe where projects enter one way, at the beginning, and can only exit one way, by going into the market (Chesbrough, 2006a, 2006b) 3) An Intermediate Business Model: Innovation intermedi...   [tags: Strategic management, Customer service, Marketing]

Research Papers
1713 words (4.9 pages)

Reform Models in Collegiate Sports Essay

- Over the past 100 years, college sports have attracted controversy pertaining to how they should be treated, that is, as business opportunities or academic vocation. Different reforms have been initiated, with academicians and researchers coming up with different models explaining how college sports and sports people should be treated. These models seek to understand and give directions on the need for balancing education with commercialized sports. Three key conceptual models have been initiated to reform college sports by scholars such as Craughron, Benford, Smith and Gerdy (Sack, 2009)....   [tags: Athletes, College, Students, Sports]

Research Papers
1187 words (3.4 pages)

Models to Help the Improvement of your Business Essay

- Six Sigma and Triple Bottom Line models are there to help with the improvement on a business. It really shows what business should go through to have a successful business. The models opens up the conversation about where you business should be. The process that you are going to take to help your business thrive. The models are here for instructions to teach businesses about the steps that should be included when you are questioning your company. Six Sigma and Three Bottom Line models are a great representation of what a business can be and shall be....   [tags: six sigma, triple bottom line, business owner]

Research Papers
870 words (2.5 pages)

eBusiness Models Essay example

- eBusiness Models The modern business world has evolved from the traditional brick and mortar to require companies to develop some form of eBusiness strategy into their business models. Ebusiness can be simply defined as the use of the internet to connect with customers, partners, and suppliers.(Darwinmag, 1) The advent of eBusiness has not only grown tradition businesses but has also paved the way a whole group of internet based companies that find the online environment as the primary market. There are various eBusiness models but this paper will focus on Business-2-Consumer, Consumer-2-Consumer, and eGovernment....   [tags: Business and Management Studies]

Research Papers
1318 words (3.8 pages)

Essay on E-Business Models Evaluation

- E-Business Models Evaluation Abstract According to Richard Trambly, writer for Computer World Magazine, “An e-business model is an approach to conducting electronic business through which a company can sustain itself and generate profitable revenue growth. The business model spells out how a company plans to make money online and how it's competitively positioned in an industry.” This paper will examine three websites that are geared to different populations. First, we will examine a business to business site (B2B), secondly a business to consumer (B2C) site and lastly a site for a non-profit agency....   [tags: Papers]

Research Papers
1204 words (3.4 pages)

Essay about Internet Business Models

- Internet Business Models The Internet can help companies create and capture profit in new ways by adding extra value to existing products and services or by providing the foundation for new products and services. The Internet Business models are abstraction of what and how the enterprise delivers product or service, showing how the enterprise creates wealth by taking advantages of the Internet's rich communication capabilities. They provide the customer with a new product or service; they provide additional information or service along with a traditional product or service, or they provide a product or service at a much lower cost than traditional means....   [tags: Papers]

Research Papers
3078 words (8.8 pages)