Internet Business Models Redefine Competitive Advantage in Digital Economy
The article explores how Internet business models create competitive advantages by configuring value. Different types of models, like brokerage, merchant, and manufacturer, use various value configurations to stand out in the market. For example, a brokerage model relies on a strong brand name and industry expertise, while a merchant model focuses on a wide selection of products and customized services. By understanding and implementing the right value configuration, companies can develop and maintain a competitive edge in the online business world.