• DocumentCode
    669038
  • Title

    An innovative framework of strategy making: A case-study of JuMei incorporation

  • Author

    Yi-di Wang ; Han-ye Wei ; Bing-jie Liao ; Wen-fu Zheng

  • Author_Institution
    Sch. of Econ. & Manage., Beijing Univ. of Posts & Telecommun., Beijing, China
  • Volume
    3
  • fYear
    2013
  • fDate
    23-24 Nov. 2013
  • Firstpage
    384
  • Lastpage
    389
  • Abstract
    A business model represents how the various strategies that a firm pursues fit together into a congruent whole. This paper introduces an innovative 6R framework, based on Michael E. Porter´s six principles of strategic positioning, to assess current strategies adopted by four typical e-commerce companies in their own business models. To further explain how the 6R framework worked in the strategy-making process, we give a longitudinal study on the JuMei´s choices and consequences of the vertical B2C business model, through which its goal of becoming the largest cosmetics sales site is fully reflected, it´s profit model is clearly clarified, and it´s unique business strategy is simultaneously congruent and powerful. We therefore assume that this framework can be widely applicable as a way to strategize for different companies in e-commerce fields.
  • Keywords
    corporate modelling; cosmetics; electronic commerce; profitability; strategic planning; JuMei incorporation; Porter 6R framework; business strategy making; cosmetics sales; e-commerce companies; innovative framework; profit model; strategic positioning; vertical B2C business model; Analytical models; Companies; Industries; Internet; Logistics; Warehousing; B2C; Business Model; JuMei; Strategy-Making;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Information Management, Innovation Management and Industrial Engineering (ICIII), 2013 6th International Conference on
  • Conference_Location
    Xi´an
  • Print_ISBN
    978-1-4799-3985-5
  • Type

    conf

  • DOI
    10.1109/ICIII.2013.6703599
  • Filename
    6703599