BUSINESS MODEL
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BUSINESS MODEL:
1. Customer
2.Profit
3. Key Resources
4. Key Processes
Business
Model encompasses components including activities, resources, Value proposition,
network, supply & demand and monetary terms.
Digital Matrix:
The
digital matrix encompasses various types of networks, including direct,
indirect, two-sided, local, and global networks, each facilitating connections
between users and providers.
- Direct network
- InDirect is like Gmail, Apple home pot.
- Two-sided network is uber, Grab, Amazon, ebay
and Alibaba.
- Local network is specific geographic location
like uber, Driver, Car2go and Zipcar
- Global network – E-Commerce Amazon, Social FB
and Search engines like google.
Multisided platforms like Greed of course, refers to the potential for new revenue sources that could speed growth and increase a company’s value and profit decrease. However, they also refer to the risk that exist and the incoming competitors will encroach market share from your product or service.
Four
ways:
- Opening
the door to 3rd parties like quick book, enhancing customer and
product management.
- Connecting
customers to project management and cashflow tools.
- Connecting
Products to customers through CIBIL / Credit services.
- Spotting
market opportunities, whether domestically or abroad.
Thanks for spending your time!
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