Have you ever wondered how blockchain technology actually makes money? As a curious kid, I was fascinated by how new technologies work under the hood. The blockchain is one of the most exciting innovations in business right now. In this post, we’ll explore the nuts
The past decade has seen the rapid growth of a new business model – direct-to-consumer (DTC), also known as direct-to-customer (D2C). This model involves brands selling directly to consumers, without any middlemen like retailers or distributors. The DTC/D2C model has disrupted several industries, from apparel
So you have a great idea for an online business. Maybe it’s a platform to connect buyers and sellers, a hub to centralize information or a way to aggregate content from across the web. How do you decide whether to build an aggregator site or
Have you ever used an app or service that lets you access basic features for free but requires payment to unlock premium capabilities? If so, you’ve experienced a freemium business model in action. Freemium is a portmanteau of “free” and “premium.” It refers to a
The octopus is one of the most fascinating creatures in the animal kingdom. With eight flexible arms, camouflage abilities, and intelligent problem-solving skills, these mollusks have evolved complex behaviors that seem oddly advanced for invertebrates. In fact, their very strangeness holds an important business lesson:
Running payroll. Managing benefits. Staying compliant. As a business leader, you have enough on your plate without having to juggle the myriad HR administration headaches. Outsourcing these tasks is often the smartest move. But with choices like Employer of Record (EOR), Professional Employer Organizations (PEO),
A sustainable business model is the holy grail for companies today. With climate change accelerating and social inequality rampant, customers increasingly support brands that aim to do good as well as make profits. The businesses that will thrive are those finding innovative ways to make
A company’s revenue model refers to the methods it uses to generate income from its products or services. The revenue model outlines how a business plans to earn money and get paid by its customers. It is a key component of the overall business model.
The retail landscape has undergone a seismic shift in recent decades. While traditional brick-and-mortar stores were once the mainstay of commerce, the rapid rise of e-commerce has led many businesses to adopt a “bricks and clicks” model. This omnichannel approach blends physical and digital channels
The past few years have seen the rise of a new industry focused on technology solutions for death, grief, and remembrance. Dubbed “death tech,” this field encompasses startups and products aiming to reimagine end-of-life planning, funerals, burials, grief support, and memorialization. As technology transforms nearly
The software-as-a-service (SaaS) business model has taken over the tech industry in recent years. There’s a good reason for that. SaaS combines the best elements of product, service, and subscription-based businesses into one powerful package. In this post, I’ll break down why the SaaS model
Buy Now, Pay Later. BNPL. We’ve all heard these buzzwords recently. BNPL services have exploded onto the scene, adopted rapidly by merchants and consumers.KLMKOP Startups like Affirm, Afterpay, and Klarna have ridden the BNPL wave to explosive growth and multi-billion dollar valuations. But what exactly
The world of e-commerce is changing rapidly. New business models and acronyms pop up constantly as companies look for innovative ways to reach customers and gain an edge over the competition. Two business models that sound similar but have key differences are B2B2C (business-to-business-to-consumer) and
When Sundar Pichai and the brains at Google look at early-stage startups to invest in or acquire, they boil it down to one simple question – is this product or service as useful as a toothbrush? Essentially, they want to know if it’s something people
Have you ever wondered why you can get a razor handle for a fraction of its cost, but the replacement blades cost a small fortune? This intriguing pricing strategy is known as the “razor and blade model,” and it has been a staple in the
Are you ready to take your business to new heights? Want to ensure long-term success and profitability? It all starts with a solid business model! In this blog post, we’ll explore the major elements of a good business model and how they can set you
Welcome to the ultimate guide to understanding the cloud kitchen startup model! ? If you’ve ever wondered how those food delivery apps magically conjure up delicious meals without a physical restaurant, you’re in the right place. In this post, we’ll explore the ins and outs
Business models are fundamental to any successful business. They define how an organization creates, delivers, and captures value. In this article, we’ll explore what business models are, their different types, and provide examples of successful businesses that have employed them. What is a Business Model?
Have you ever stayed at a luxury hotel and been impressed by the exceptional level of service you received? The kind of service where someone anticipates your needs and makes everything happen seamlessly? Well, that’s the basic idea behind the concierge business model. The concierge
Data monetization is a revenue strategy for mobile apps and other businesses that involves collecting, analyzing, and selling data generated by users of the app. This data can include information such as user behavior, preferences, and demographics, which can be valuable to other businesses that