What is the Retail Business Model?
The business model of selling of real items via the Internet.
Niko Waesche works out why the retail business model is so expensive, and why it takes so much time, effort, and money to implement it. Choosing a market could be the first success factor — others are discussed in this video from Startup Clinics - Knowledge Base. Amongst others, Niko talks about Amazon's success story. It's a great video to understand the basic business fundamentals of setting up an online store.