In all enterprises, it’s the business model that deserves
detailed attention and
understanding.
Mitch
Thrower
Source: "The
Attention Deficit Workplace" by Mitch Thrower
♦
Is the business model important? Does it
influence success, profits and
competitiveness?
A
business model defines how a business creates, delivers, and retains value or how it
valorizes itself in the marketplace. The
process of selecting a performing business model is a macro
or global business strategy. Business
models can be used to:
- describe, differentiate and classify
businesses
- explore possibilities for future
development
- serve as a template for new business
ventures
Does
structure help for an orderly, exceptionnal
growth?
Structure is necessary
for business to fulfill the promises of its chosen business model.
Its mission,
organization, strategies, tactics, business standards practices, systems, processes
and policies make sure that the business delivers value to customers,
captures value from them and converts those payments to profit and
equity.
Examples of Business Models
Business models are diverse and
represent the creativity, willingness and adaptability of entrepreneurs,
managers and business owners to capture value in the ever changing
marketplace.
- Auction
business model
- All-in-one
business model
- Bricks and clicks business
model
- Cutting out the middleman
model
- Direct sales
model
- Distribution business
model
- Franchise business
model
- Freemium business
model
- Low-cost business
model
- Loyalty business
models
- Multi-level marketing
business model
- Online business
model
- Online auction business
model
- Online content business
model
- Premium business
model
- Referral/affiliate
model
- Subscription business
model
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