1. Online Research
... provider & product retailer. The service end of business includes book reviews, book recommendations, one-click purchasing, a smooth purchasing interface, great selection, etc. while the product end of the business is purely the pricing of the product since books are commodity with no product differentiation. The fundamental advantage of online book selling comes on the supply side, through cost savings in ... inventory and in all the other costs of operating physical stores. Due to the information-rich nature of books, the information provided about these products has a great value to ...
- Word Count: 717
- Approx Pages: 3
- Grade Level: Graduate