What is an infomediary in business?
An infomediary is a Web site that provides specialized information on behalf of producers of goods and services and their potential customers. The term is a composite of information and intermediary. Many infomediary sites intended for businesses require users to register and log in in order to access information.
What is the infomediary model?
A major Internet business model, the infomediary model is characterized by the capture and/or sharing of information. Companies using an infomediary model also may be third parties that provide products like free computers or services like free Internet access to consumers in exchange for information about themselves.
What is a merchant business model?
The merchant model is a business model that consists in selling goods or services over the internet. This type of e-business is the most popular amongst wholesalers and retailers, and its sales are usually made through auctions or based on list prices.
What is the meaning of Reintermediation?
Reintermediation is the movement of investment capital into secure bank deposits or the reintroduction of a middleman between a supplier and a customer. This term, the opposite of disintermediation, can be used in several contexts within finance.
Is Facebook an Infomediary?
The current popular infomediaries are more likely to be called hybrids, as the specific transactions still occur, but not as the sole purpose of the entity. Examples are Facebook and Amazon: while the latter focused on growing a community surrounding its services, Facebook is well known for creating personalized ads.
What is the difference between a merchant and a retailer?
A merchant is a person who traffics in commodities for profit while a retailer is a retail sales-company or salesman. Merchant is a person who traffics in commodities for profit. As a verb. Retail and merchant is that retail is to sell at retail, or in small quantities directly to customers.
What are the merchants selling?
A merchant is a company or individual who sells a service or goods. An ecommerce merchant is someone who sells exclusively over the Internet. A merchant will sell the goods to the customer for a profit, and by law, will have a duty of care to the customer due to the knowledge of the products he has for sale.
What are some examples of Reintermediation?
Examples include General Motors Corp. bypassing dealerships to sell cars directly to consumers, and insurance companies skirting their own agents to sell products and services. Reintermediation refers to using the Internet to reassemble buyers, sellers and other partners in a traditional supply chain in new ways.
Why is Reintermediation important?
Understanding Reintermediation Reintroducing a middleman between a supplier and a customer: Companies sometimes find it more efficient to outsource some of their business activities to intermediaries, typically for a commission or fee. This enables them to better focus on what they do best.