There are key differences between new business models and traditional ones. New models are faster in product creation and time to market. They rely heavily on information and alliances. Traditional models were based on product profit margins. New models create novel revenue streams for end users. They also have greater reach due to widespread internet connectivity and the ability to access information from many devices. New models are richer in features like video, interactivity and updating. Their interfaces are also more user friendly and typically free to use.