Improving the E-Commerce Business Model in a Sustainable Environment

The purpose of this study is to develop a comprehensive methodological approach to assess the sustainability of the e-commerce business model based on the integration of key performance indicators into a single vector of business model sustainability. The proposed vector approach allows for predicti...

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Autores principales: Mingwei Sun, Katarzyna Grondys, Nazim Hajiyev, Pavel Zhukov
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Lenguaje:EN
Publicado: MDPI AG 2021
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Acceso en línea:https://doaj.org/article/f8a13b806d024daaa64abf32c9572565
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spelling oai:doaj.org-article:f8a13b806d024daaa64abf32c95725652021-11-25T19:03:09ZImproving the E-Commerce Business Model in a Sustainable Environment10.3390/su1322126672071-1050https://doaj.org/article/f8a13b806d024daaa64abf32c95725652021-11-01T00:00:00Zhttps://www.mdpi.com/2071-1050/13/22/12667https://doaj.org/toc/2071-1050The purpose of this study is to develop a comprehensive methodological approach to assess the sustainability of the e-commerce business model based on the integration of key performance indicators into a single vector of business model sustainability. The proposed vector approach allows for predicting and evaluating the effects of different kinds of measures, identifying and implementing the most effective tools for sustainable e-commerce business development. The methodology of this study is based on correlation, cluster and regression analysis. The scientific contribution of this study is the proposed methodological approach, which not only allows one to analyze business model sustainability, but also to compare companies in a competitive environment to determine the priorities of their functioning to achieve leadership positions on the background of sustainable development. The correlation analysis proved that in modern conditions, both economic and environmental components are significant for business model effectiveness in e-commerce. The clustering of the studied e-commerce companies provided an opportunity to take into account the peculiarities of the studied companies, to group them by similar performance indicators. This made it possible to develop more accurate regression models for each cluster. In this case, there is a correlation between the sustainability vector of the business model of a company and its assignment to a particular cluster. The conducted modeling and determination of the level of business model sustainability allowed for determining a relationship between it and the performance of e-commerce companies in the context of economic, environmental and social dimensions. At the same time, the results show that increasing the sustainability vector brings a company closer to the business sustainability benchmark.Mingwei SunKatarzyna GrondysNazim HajiyevPavel ZhukovMDPI AGarticlebusiness modelclusteringcorrelatione-commerceregressionsustainabilityEnvironmental effects of industries and plantsTD194-195Renewable energy sourcesTJ807-830Environmental sciencesGE1-350ENSustainability, Vol 13, Iss 12667, p 12667 (2021)
institution DOAJ
collection DOAJ
language EN
topic business model
clustering
correlation
e-commerce
regression
sustainability
Environmental effects of industries and plants
TD194-195
Renewable energy sources
TJ807-830
Environmental sciences
GE1-350
spellingShingle business model
clustering
correlation
e-commerce
regression
sustainability
Environmental effects of industries and plants
TD194-195
Renewable energy sources
TJ807-830
Environmental sciences
GE1-350
Mingwei Sun
Katarzyna Grondys
Nazim Hajiyev
Pavel Zhukov
Improving the E-Commerce Business Model in a Sustainable Environment
description The purpose of this study is to develop a comprehensive methodological approach to assess the sustainability of the e-commerce business model based on the integration of key performance indicators into a single vector of business model sustainability. The proposed vector approach allows for predicting and evaluating the effects of different kinds of measures, identifying and implementing the most effective tools for sustainable e-commerce business development. The methodology of this study is based on correlation, cluster and regression analysis. The scientific contribution of this study is the proposed methodological approach, which not only allows one to analyze business model sustainability, but also to compare companies in a competitive environment to determine the priorities of their functioning to achieve leadership positions on the background of sustainable development. The correlation analysis proved that in modern conditions, both economic and environmental components are significant for business model effectiveness in e-commerce. The clustering of the studied e-commerce companies provided an opportunity to take into account the peculiarities of the studied companies, to group them by similar performance indicators. This made it possible to develop more accurate regression models for each cluster. In this case, there is a correlation between the sustainability vector of the business model of a company and its assignment to a particular cluster. The conducted modeling and determination of the level of business model sustainability allowed for determining a relationship between it and the performance of e-commerce companies in the context of economic, environmental and social dimensions. At the same time, the results show that increasing the sustainability vector brings a company closer to the business sustainability benchmark.
format article
author Mingwei Sun
Katarzyna Grondys
Nazim Hajiyev
Pavel Zhukov
author_facet Mingwei Sun
Katarzyna Grondys
Nazim Hajiyev
Pavel Zhukov
author_sort Mingwei Sun
title Improving the E-Commerce Business Model in a Sustainable Environment
title_short Improving the E-Commerce Business Model in a Sustainable Environment
title_full Improving the E-Commerce Business Model in a Sustainable Environment
title_fullStr Improving the E-Commerce Business Model in a Sustainable Environment
title_full_unstemmed Improving the E-Commerce Business Model in a Sustainable Environment
title_sort improving the e-commerce business model in a sustainable environment
publisher MDPI AG
publishDate 2021
url https://doaj.org/article/f8a13b806d024daaa64abf32c9572565
work_keys_str_mv AT mingweisun improvingtheecommercebusinessmodelinasustainableenvironment
AT katarzynagrondys improvingtheecommercebusinessmodelinasustainableenvironment
AT nazimhajiyev improvingtheecommercebusinessmodelinasustainableenvironment
AT pavelzhukov improvingtheecommercebusinessmodelinasustainableenvironment
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