LABEL January 2014 | Page 13

Community  The viability of the community model is based on user loyalty. Users have a high investment in both time and emotion. Revenue can be based on the sale of ancillary products and services or voluntary contributions; or revenue may be tied to contextual advertising and subscriptions for premium services.  Open Content is tent developed colcommunity of conuntarily. Eg Wikipedia  Social Networking Services are sites that provide individuals with the ability to connect to other individuals along a defined common interest (professional, hobby, romance). Social networking services can provide opportunities for contextual advertising and subscriptions for premium services like Facebook, t w i t t e r e t c S u b s c r i p t i o n Users are charged a periodic – daily, monthly or annual – fee to subscribe to a service. A few types include content services like ebsco, person to person network services like linkedin, internet service providers like mtnl, reliance telecommunication etc. openly accessible conlaboratively by a global tributors who work vol- Utility The utility or “on-demand” model is based on metering usage, or a “pay as you go” approach. It is based on metered usage or metered subscription. In this model there are different facilities given to the customer according to the subscription paid or data used. Business Models Brokerage Advertising Infomediary Merchant Manufacturer Affiliate Example Paypal, ebay, quicker Yahoo, Google ads Justdial, Indiamart Myntra, Amazon, Apple itunes Music store The Bombay Store, Tanishq Free sites or blogs Community Subscription Utility Wikipedia, Facebook, Twitter Ebsco, Linkedin, Proquest, Forbes Internet services by Reiliance or MTNL