Since Satoshi Nakamoto published the article “Bitcoin: A Peer-to-Peer Electronic Cash System”, in 2008 (and released the open code one year later), blockchain technology seems to have gained life into businesses. More and more companies have started operating with blockchain in their business. There are successful examples of blockchain business models already in course, and […]
As the name suggests, the crowdsourcing business model refers to when the crowd act as a source for the business – usually some multisided platform. There are many options of crowdsourcing, but all of them involve opening tasks of issues to a large group in order to receive their input for operation.
The dropshipping business model is, in short words, a store that doesn’t have a stock. It purchases the products from a third-party supplier – commonly a wholesaler or a manufacturer – who ships them directly to the end consumer. So, there is no need for inventory and the seller doesn’t have to handle the product.
The wholesale business model is one of the most traditional business models in the business-to-business segment. In a typical product supply chain, the goods flow from raw material suppliers to manufacturers, then to distributors and/or wholesalers, after that to retailers and, finally, they get to the end customers. Each of these parties stands for a […]