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IKEA is a furniture design company that specializes in the sale of flat-packed furniture, kitchen appliances, and other home accessories. The IKEA business model provides the framework for how the company runs profitably. IKEA operates as a franchise and earns the majority of its profit from annual franchise fees. Aside from that, they accrue income […]
Opendoor is a user-friendly digital real estate marketplace that buys, sells, and exchanges houses. The Opendoor business model is focused on profitably selling the residences it acquires. The firm earns money through a sales commission — paid by the home seller — and interest on mortgage loans. With the support of substantial sums of startup […]
With over 2,300 physical stores in North America — accompanied by a strong online presence —, the Home Depot business model is focused on the sale of tools, construction products, appliances, and services for home improvement projects. Home Depot is the world’s largest home improvement retailer, with about 490,600 employees and more than $151 billion […]
The Steam business model is designed as a platform for video game distribution where users can view, purchase, play, and even discuss video games. The gaming industry is categorized into: PC, Console, and Mobile gaming. While Console and Mobile gaming are dominated by other big game corporations — such as PlayStation (Sony) and Xbox (Microsoft) —, […]
The growth of digital payment methods is undoubtedly one of the driving forces behind the dizzying boom in trade over the past few decades, both locally and internationally. Few companies have been closer to the forefront of this advancement than Square. Let’s take a look at the Square business model to get a deeper understanding […]
The Redfin business model is centered around real estate brokerage services. Redfin is currently one of the most popular real estate platforms in America. According to the company, it has over 40 million monthly users. So, what makes this company stand out in the business world? Let’s find out with a business model analysis on […]
