$$ Each group will develop a proposal for a new e$-$commerce $($including mobile commerce and social commerce$)$ business venture. You are highly encouraged to think out of the box and propose a business model that does not exist.

$$ When picking a business model, think about the following questions:

o What do successful e$-$commerce firms such as Google, Facebook, Instagram, Snapchat, Airbnb, Uber have in common? What aspects of their business model are innovative and position them well for success?

o What are some e$-$commerce ventures that failed? What factors contributed to their failure?

$$ Conduct research in professional magazines