yOuThGenEraTion @ BAC 5

hi hi everyone, this is my second post since I have introduce to all of you a little about myself, hope after reading that all of you will understand me more. Time past very fast, I already attended my second e-commerce lecture class and I found it is quite a interest subject that can let me gain more knowledge about what e-commerce is. So, today I would like to share with all of you about the revenue models of e-commerce, which I feel for business student it is quite a interested topic to know how those website generate revenue by the services they provide. Revenue models specifically describe different techniques used in generating income from the publisher's websites. The major revenue models is following:

1. Sales Revenue Model
2. Transactions Fees Revenue Model
3. Subscription Fees Revenue Model
4. Advertising Fees Revenue Model
5. Affiliate Fees Revenue Model

The explanation of those models can be found in below this website
http://ecommerze.blogspot.com/2007/04/making-money-online-e-commerce-revenue.html

Now, I will like explain some website and what are their revenue models such as Google, Amazon, and also eBay.

1. Google
Google is an website that major in offer targeted advertising and Internet search solution and the income that earn by Google is normally is from advertising so it is adopt the Advertising Fees revenue models. Part of the revenue is earn by Google AdWords. Google AdWords is a pay per click advertising program of Google designed to allow the advertisers to present advertisements to people, and normally it is shown under "Sponsored link" on the right side of the screen or something is just above the main search result. It is an online advertising payment model in which payment is based on qualifying click-throughs. An advertiser has to pay every time his advertisement receives a click.

Besides, Google also generated revenue by Google Answer last time. I means last time It is because google no longer earn from goolge answer anymore due to the web already collapse. Froogle is a service from Google that makes it easy to find information about products for sale online, while Google answer allow customers to ask questions, offer a price for an answer for the question they ask, and researchers answer them. Google keeps 25% of the payment, and the rest send to the Researchers.

http://organicspam.com/google_revenue_model.asp

2. Amazon

It is American based multinational electronic commerce company and it started since 90s and started as a online bookstore but soon diversified to product lines of VHS, DVD, music Cd's and MP3s, computer software, video games, electronics, apparel, furniture, food, toys, etc. The revenue model of Amazon is different from the google, it is because Amazon main business activities is selling product online, so the revenue generate normally is under Sales Revenue Model and Transactions Fees Revenue Model. Amazon based on the selling price, transaction fee, and variable closing fee. will determined how much commission fees to be charge and in order to earn revenue from it.

In addition, Amazon also using Affiliates Revenue Model to generate revenue by their website. It is the first online business that set up an affiliate marketing program. allows website owners to create an online store on their site but it does not allow website owners to sell their own products directly. Website owners can pick products from Amazon’s store and earn referral fees on the products purchased by their readers. The fee structure product price ranges from 4% to 10% of the product price.

http://en.wikipedia.org/wiki/Amazon.com

3. eBay
eBay is an online auction and shopping website in which people and businesses buy and sell a broad variety goods and services worldwide. The primary sales took places by online auctions but it also includes a substantial segment of listings in the "Buy It Now" category. eBay generate revenue by Insertion Fees, Final Value Fees, Promotional Fees, plus several optional adornment fees, all based on various factors and scales.

Below is the explanation of those fees:

1. Insertion Fees – Fees charged when items listed on eBay and it is nonrefundable.

2. Promotional Fees – Fees charged when additional listing options that help attract attention for an item.

3. Final Value Fees – This is the commission charged to the seller once the auctions is end.

eBay also generate revenue by direct advertisement means it also include Advertising Fees Revenue Model. The acquisition of PayPal, whose products allow the exchange of money over the Internet, brings additional transaction based fee revenue.

http://en.wikipedia.org/wiki/Ebay

Hi, everyone! I am Mei Chin who stays in Semenyih. I am an accounting student who is pursuing third year of my degree course. Reason for choosing this course was still a very blurred question for me to answer. Erm…actually I am not interesting in any scientific and literary subject. By the way, calculation is the only things that I interested with. Thus, the only choice that I have to choose is accounting. However, when I get into deeper about accounting course, I realized that it is not easy as I think which cause me a little regret in choosing it. Obviously, there is no way out and I am persuading myself now that I have to be persistent to finish my accounting courses in Utar, Sg. Long.

After go through this few year of university life, I realized that stress often happen in our daily life especially when we are preparing for exam and doing assignment. Thus, I usually will overcome this problem by spending some times on my hobbies. Dancing is important for me. It like a magic. Every time when I was frustrated, I will dance for around an hour. Mystically, I feel relax and happy with a carefree minds after doing so.

I often online at night. The first thing I do when I log in to my computer is click on the messenger icon. Hehe.... It time for me to chat now. Actually, I think MSN a a good media for us to keep in touch with our old friend. By using it, I can know whether my friend is doing well or we can keep updated to our recently activities OR in other words, we are gossiping about our friend. Besides, I also will log into my hotmail. Hotmail.... A very interesting place where we can update ourselves to event that happen surrounding us. Sometimes, it contains mail that alerts us to be careful about some "modern" tricks that done by those offenders. Apart from that, it also told us some miraculous things that happen around the world. This make me feel interesting in reading my e-mail. The best thing is we not only can know so much novelty things but also can share with our friend by forwarding the e-mail.

Another web that i will surf is friendster.com. Although everyone now is switching from friendster to facebook but I prefer to stay with friendster because facebook for me is a little of complicated. This is also a very good place for me to search for my primary friend who has lost contact with me. Luckily, I am able to find 10 people of my primary school friends. I was so happy where we are able to organize a reunion dinner for our primary classmate.

Besides of the web that i stated above, I will also surf youtube.com. Youtube, a GOOD GOOD place for me to watch for latest music video of my idol and the most important things is it is free of charge. I can download their latest album and keep updated with their latest news. As a student, I survive hard to make sure that I am not over budget every month. Moreover, an album although not considered very expensive but for me, the cost of an album is equal to my 4 days boarding fees. So youtube help me to save a lot.

As a teen girl, I love shopping. So, I also will surf any website (eg. cct fashion.com) that sells clothes or accessories. I start to get in touch with online shopping when I work in a manufacturing company during my semester break. The colleague there recommend me to shop online because it is cheaper compare to the store outside and the best thing is the design is from Korea and Taiwan that seldom can find in Malaysia. Initially, I not very interested in it because I may think that doing transaction through network may be lack of security and risky. However, after the continually persuading from my colleague I take an action to get through it. The result is I quite satisfy the service perform by the online store where it provided an efficient delivery where we can get our good after 3 days we have made the payment. Besides, the clothes that we received is 100% according to our specification and the picture shown in the website. However, before shop through online, we must make sure the reliability of the website and the best payment method is pay through pay-pal where it is an independent company that provide a strong security when making the payment. It will be better to shop in an online store if it is recommended by your friend or other reliable sources.

This is all I want to share with you all about myself. Thanks for reading it.

My name is Ho Siaw Ting,which is a simple girl born in Kajang but lives in Semenyih. I am 21 years old in year 2009. I am born from a big family, which consists of 9 members including me. My family consists of my parent, 1 brother, 5 sisters and me. I am now studying at Universiti Tunku Abdul Rahman and taking Bachelor of Commerce (Hons) Accounting. I was already completed 2 years of study and just have 1 year remaining.

Besides, I was taking accounting subject since secondary. One of the reasons that I choose this subject is due to the influence of my family. Most of my sisters are graduated from accounting diploma and it has a big influence on me because this let me feel that i should take accounting subject too. In other hand, based on history experiences, I realised that I am more expert in calculation subject compared to others. I always get better result in the subjects that required significant calculation. The reasons above make me decided to choose accounting in my degree study. I hope I can graduate my degree with first class honour but I understand that good result is always followed by hard study.

My hobbies are singing, gathering with friends and reading meaningful articles. Singing is a very useful way to release those stress that I faced in study. Take sometime to chit chat with friends also is another way to reduce stress. I like to read meaningful articles because I can learned a lot meaningful theory that can apply in daily life.

The top 5 websites that I visited the most are YAHOO, GOOGLE, HOTMAIL, FRIENDSTER and MSN. YAHOO and GOOGLE are very useful websites that help me to search for important information. These two websites are the most important sources used to complete my assignment. Furthermore, I always log in to HOTMAIL to read the messages and articles that send by Friends. I will forward the articles to my friends too if I find out the articles is meaningful and useful to others. However, due to the contribution of assignments, tutorial questions, mid-term test and final examination, my HOTMAIL unread inbox has break the record of all my friends and reached to the number of 2500 now. Hope it won't break the space provided by HOTMAIL. Besides, I will access FRIENTSTER too when my daily usage time is allowed. It let me view my friends' photo albums whose are seldom contacted to know their recent condition and write some comments to them. Lastly, MSN allowed me to chat with friends who are stay in different country. Some of my friends are study abroad and it is extremely expensive to chat through phone call. MSN helps us to solve this problem.

This is me and my simple daily life. I just hope that i can have more and more free time to do the activities that i like. And pray hard I can safely graduate my degree. That's all......

Hihi everyone, thank for viewing our blog, I am Ang Boon Yong, from Subang and stay there since i was 12 years old, my borned place is at Klang. I am youngest in the family which consists of 5 family members including me. I can speak english, malay, chinese(including cantonese and hokkien). I am born in May 1, which is labour day, special right? haha.. all celebrate for me because is a holiday :P Currently i am 21 years old and study at Universiti Tunku Abdul Rahman. I taking Bachelor of Commerce (HONS) Accounting course in FAM faculty in Sungai Long. I had been arrange to Groups 5 and now is Year 3 Trimester 1.

I got a lot of hobbies, such as listening song, especially jay chou songs because I feel he very talented and those song he compose all very special and also i prefer rap song. When free, I also always go sing karaoke and watch movie with my gang of good friends. Other than those hobbies, I also like to sport, especially play basktaball and badminton and sports make me got more time spend with my friends. While some leisure time, I also prefer chatting with friends and surf net, it have bcome part of my life since i own my own computer.

Since I started have internet connection and surf net, I normally have few website that I surf frequently, such as www.yahoo.com which i always surf this net to look for news and information especially sports news n it provide lives score and allow me always update with latest sports result. Other than tis wesbite, I also always use www.google.com that can help me search information or website that help me in assignment and also search for pictures. Furthermore, I also like to visit www.espnstar.com due to I am a sports lover, so I like to update all sports news, comment and also highlight of those match. Besides that, I also like to surt www.nba.com, because it allow me to watch highlight of those NBA match which is I prefer the most because i like basketball ball as well, n due to it is so exciting and I love this games very much. Lastly, I also like to surf and join those website that can make more friends and interact wit friends, such as www.friendster.com, www.facebook.com and furthermore. It make me can keep contact and interact with my friends no matter how far our distance, because some of them are studying at oversea.

Overall, I use internet for few activties, such as searching information, update myself with latest news, watch sports highlight, chatting with my friends, as well as playing online games to relax myself. I also like to watch video clips in the internet and also listen song. This is those activities that i will do normally I surt the net.

This is my brief introduction about myself and a little big about my normal surfing habits. Hope all of you will come to look at our blog again for further post.

First of all, I would like to great to all that had made their effort to surf to this blog. Hi, I am Tan Cheng Ling, 20 years old. I am now currently studying in UTAR Sg Long, and taking the course of Bachelor of Commerce (Hons) Accounting. I had been arranged to BAC Group 5, together with my classmates, we are now in Year 3 Trimester 1.

It would be my pleasure to share to you all about my everything. First of all, I am from Banting, Selangor. The residents in Banting all speak Hokkien, however, when you speak Chinese, we too can catch what you trying say. For the leisure time that I got, I will usually spend it by chatting through MSN Messager. When I need to relax myself, I will open my folder and either listen to songs, or watching movies.

After having the internet connection, I had became a surfer in internet. I will use internet to check my email in www.hotmail.com. This is important thing that I must do everyday, so that I can get the message from my friends that some might be helpful in life. Whenever I am free, I will surf the Friendster and Facebook, as both of them are the friendship connection of mine. With it, I had too know a lot of new friends there. When I was bored, I will try to relax myself by looking for any funny short clips in Youtube. It is a website that allow everyone to share their clips that taken with their own recorder, or any funny clips that they had found. Sometimes, when I face some problem, I will look up for chinese.cari.com.my. It is a forum that allow users to post their title to discuss with other. At there, you can get a lot of feedbacks from other users. Sometimes, you too can discover some funny topic that you never see before. Internet connection can also ease my burden to do my assignment and research. I can easily get the information through Google, Yahoo, Wikipedia, and those official website to get those essential and necessary information for my work.

These are the things that I will do with the internet connection. If you still think that it's not enough details of mine, you are welcome to leave your comment here. Thanks again for your patient in reading all of these! :-)