As you can notice, there were the primary activities of inbound logistics, operations, outbound logistics, sales and marketing. Then above that, you have the support activities.
I'm sure that the value chain still applies to the giant manufacturers of today. But how would you say the "value chain" of an internet affiliate marketer would look like?
What would be the primary activities? The support activities?
How would you put keyword research, domain name decisions, in-site seo, link building, article marketing, social media, website content, in their proper place and order in the affiliate marketer's value chain?
I know this is kind of getting theoretical but as General Patton used to say, "The principles for managing an entire army are the same principles for managing a small platoon".
An affiliate marketer would have a value chain of some sort too, right?