Innovative Ideas of Traditional Business Management under the Influence of Internet Thinking

Journal: Modern Economics & Management Forum DOI: 10.32629/memf.v4i4.1383

Qiaochu Wu

University College London, London, UK

Abstract

Enterprises have their own business model since the birth of the day, small street hotels, big banks, have their own business models, most of the traditional business models are spontaneous, traditional, and did not carry out conscious design and innovation, lack of competition and growth of sustainability, which is the reason why most private enterprises are difficult. Traditional business model has its distinctive characteristics, he is mainly centered on the seller market, with the inevitable two major costs, including labor costs and rent costs, traditional enterprise sales channels have limitations, its data driving force is low. New business models have emerged in the Internet era, such as the application of the C2B model of e-commerce, which can maximize profits for both consumers and enterprises. In the process of the change of information technology, the carrier of traditional business carrying information has changed, the form has changed the content, and a new consumption field has been created. Therefore, the bosses who do traditional business models must not resist, must accept and learn, and give new life to the enterprise.

Keywords

traditional business management, Internet thinking, e-commerce, management innovation

References

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