Based on the future development trend of the Internet of Things, this article proposes a business model for the electrical household appliance enterprises to deploy IoT+AI and IoT+5G. The business ...model proposes that electrical household appliance enterprises should cooperate with high-tech companies that research AI and 5G, add online live on their official online website and use AI+ IoT and 5G + IoT technologies to improve online platforms, improve total quality management and warranty of smart home appliances in AI+IoT system and create new brands and products to expand the market of smart home appliances based on customers' feedback. This paper aims at providing new ideas of reform and innovation for electrical household appliances enterprises to seize the opportunity of Internet of Things in E-commerce era.
In recent years, business model has become an extremely popular topic in academic realm and business practice. Based on existing studies, this research complements and redefines the concept of ...business model, meanwhile, creates an analytical framework of business model from the perspective of value network. The new analytical framework contains four dimensions: value proposition, value sustain, value maintenance, value achievement. Separately, these four dimensions can be divided into seven factors: value demand, customer interface, infrastructure configuration, control model, isolation mechanisms, revenue model and cost structure.
