Aggregates buyers and sellers of almost any type of product

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Read the following business models and answer the questions that follow.

Business Model 1

XYZ aggregates buyers and sellers of almost any type of product in one online location so that sellers have access to the greatest number of buyers—and vice versa. Sellers and buyers rate each other to keep standards high and a level of security is achieved using PayPal, which serves as a type of escrow company to make sure each side of a deal gets what they expected. XYZ holds no inventory but simply acts as an intermediary.

Business Model 2

Budding Entrepreneur is fascinated by the franchising model because it seems to be a way to turn her knowledge and experience with Pilates into a big business. She has been running the successful ABC Pilates studio for several years and finally decides to buy it with plans to grow to multiple locations. She figures that she can turn her knowledge and experience into a business system that she can sell to other budding entrepreneurs. The business system will include a manual for running the business, training, and guidance about location and leasing decisions.

Why should customers buy this solution from XYZ?

Reference no: EM132289604

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