The TikTok Business model’s primary idea was fast content, with 15 seconds of homemade videos, with dancing, lip-sync, and make-up challenges. This new concept of video made Tik Tok a popular influence that in a few years, became a 50-billion-worth-startup. A brief history of TikTok TikTok was launched by ByteDance, a company founded by Zhang […]
The idea behind the creation of the Alibaba business model was to rewrite the way e-commerce was made. They created a platform where small and medium-size Chinese companies could sell their products and services globally in a simplified model. Throughout the years, the company grew to become the world’s sixth-largest brand in value, with businesses […]
Some of today’s most successful companies have relied (and continue to rely) on the scalability of their business model to achieve profitable and sustainable growth and development, and this attribute of business modeling can be a key factor in avoiding the risk of the enterprise being left behind. What is a Scalable Business Scalability refers […]
The concept of the Instacart business model has been developed around the purpose of simplifying grocery shopping for people who have a busy life because they can choose all their groceries from wherever they may be. Instacart is now the top grocery delivery service in the US, valued at over $17 billion.
It is essential that we evaluate our business model regularly. This business model assessment allows us to find out when something needs to be adjusted, reducing the risks and improving the chances of a bright future. Why Assess your Business Model? Simply because just creating a reasonable business model at the beginning of your venture […]
Some of the greatest current brands, such as Facebook and Amazon have their businesses built upon network effects: the value of their products increases as the importance of the network does. However, not all businesses are able to develop network effects – and not all of them should, anyway. There are many different approaches and […]