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Advanced Issues of E-Commerce and Web-Based Information Systems, International Workshop on (1999)
Santa Clara, California
Apr. 8, 1999 to Apr. 9, 1999
ISSN: 1530-1354
ISBN: 0-7695-0334-9
pp: 68
Jeff Leane , Chemdex Corporation
ABSTRACT
We present a brief work-in-progress report on Chemdex, a pioneering example of the business-to-business (B2B) marketmaker, infomediary, or vortex business model. We establish context of the marketmaker business model and contrast it with other approaches. We probe a marketmaker's unique challenges - which include ontology, information architecture, search, and integration - and benefits - which include cost savings, quality improvement, time-to-market, and market penetration. Understanding these challenges and benefits is important because there exists a growing sense that the marketmaker could become the dominant model in online commerce, especially in the business-to-business sector.
INDEX TERMS
e-commerce, internet, business-to-business, b2b, marketmaker, marketplace, biotechnology, procurement, purchasing
CITATION
Jeff Leane, "Work in Progress Report: Chemdex and the Business-to-Business Marketmaker Business Model", Advanced Issues of E-Commerce and Web-Based Information Systems, International Workshop on, vol. 00, no. , pp. 68, 1999, doi:10.1109/WECWIS.1999.788188
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