Diversifying Revenue Streams
Revenue streams in the business model refer to the ways a company generates income from its value proposition. These are the sources through which the business makes money. The software…
Customer relationships
This includes the nature of interaction between the business and its customers. In a business model, this refers to the types of relationships that a company establishes with its customers…
Channels
Channels are how a company reaches the customer segments that it has identified. In a business model, the channels refer to the methods that are adopted by the business to…
Customer segments
Customer segments refer to a specific group of customers that are targeted by the business. In the business model, the customer segment is the specific group of people that the…
Value Proposition
The value proposition is a unique selling point of a product or service. It is a fundamental component of the business model which represents the core reason as to why…
Business Model: An Introduction
A Business model is that framework which outlines how a company creates, delivers and captures value. It includes the products and services which are being offered, the target market and…