Concept and characteristics of traditional business model

The traditional business model refers to the products produced, the services provided by the products and the sales of the products, as well as each participant and their role in them, so as to create the ultimate profit for the enterprise. In the process of business model, we mainly pay attention to the relationship between enterprises and users, suppliers and other cooperative offices in the market, especially the logistics, information flow and capital flow between them. Simply put, the business model is how the enterprise or company makes profits and how to make money. The whole system of these profitable services and products is called business model. Under the traditional circulation mode, goods go through wholesale and retail in turn in the process of transferring from producers to consumers. In the process of commodity circulation, wholesale business has a high degree of contact with manufacturers and retailers. Under the traditional business model, all kinds of transactions are transparent and specific, so it is also called tangible market. Nowadays, shops and pedestrian streets along the street are all traditional business models.