Tag Archives: Low-cost

Low Cost Business Model

Low Cost Business Model Canvas

In short words, the low cost business model is based on a strategy by which the business offers low prices in order to instigate demand thus, gaining market share. This business model can be adopted by virtually any company, but it is usually indicated in cases when there is no (or little) competitive advantage or […]

Southwest Airlines Business Model

Southwest Airline Business Model Canvas

The Southwest Airlines business model is based on the low-cost business model. It can offer cheap flight tickets by creating an extremely efficient operation. The economic crisis resulting from the Covid-19 pandemic is putting multiple companies out of business — and that is certainly reflecting on the commercial flight industry as well. However, against all […]

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