The document discusses various revenue models for businesses. It describes traditional models like product/service sales, subscriptions, freemium, and advertising. It also covers innovative models like razor and blades, shared economy, pay-what-you-want, dynamic pricing, tokenization, API-as-a-product, and data monetization. The document provides examples of companies using different revenue streams and advises businesses to understand their customers, market, offerings, costs, experiment, and consider scalability when choosing a revenue model.
Coinbase pitch deck designed by Zlides
Want to create a pitch deck that inspires your audience? Get your FREE presentation kit designed by Zlides: http://bit.ly/slideshare_zlides
Monetization model entails different types of models used by internet based business and social platforms. The article also creates understanding about different types of monetization methods which can be used by internet platforms to create a sustainable business. Different icons have been designed for the first time to potray monetization methods.
Coinbase pitch deck designed by Zlides
Want to create a pitch deck that inspires your audience? Get your FREE presentation kit designed by Zlides: http://bit.ly/slideshare_zlides
Monetization model entails different types of models used by internet based business and social platforms. The article also creates understanding about different types of monetization methods which can be used by internet platforms to create a sustainable business. Different icons have been designed for the first time to potray monetization methods.
In the fast-paced and ever-evolving landscape of the digital era, opportunities for generating endless internet profits abound. The internet has transformed the way we live, work, and do business, opening up new avenues for entrepreneurs and businesses to thrive. This article explores the strategies, tools, and mindset required to tap into the vast potential of the online world and achieve sustained financial success.
How to Make Money Online in 2024. The best Tips..pdfmachugumichael
Discover the top strategies and insights on how to effectively earn money online in 2024 with our comprehensive guide, 'How to Make Money Online in 2024: The Best Tips.' Learn the latest trends, proven techniques, and expert advice to maximize your earning potential in the ever-evolving digital landscape of 2024.
ptg16513123There’s not a single business model, and the.docxpotmanandrea
ptg16513123
“There’s not a single business model, and
there’s not a single type of electronic
content. There are really a lot of
opportunities and a lot of options and we
just have to discover all of them.”
—TIM O’REILLY
A business model describes how an organization creates, captures, and
delivers value to its customers. Every business performs some activity
with the intention of generating value for its customers. At a conceptual
level, what does that look like and what existing businesses can you point
to as examples to determine that your model is sound?
Identifying your business model is helpful for two important reasons.
First, by studying businesses with a similar business model, you can
increase your own odds of success—an activity referred to as modeling.
Second, it provides a blueprint by which you can begin taking action to
define your business model. If you already have a model, you still can
make improvements or reinvent it by comparing it to well-established
models—an activity referred to as benchmarking.
CHAPTER 6
BUSINESS
MODELS
From the Library of Moaath Alangari
ptg16513123
Seven business model
archetypes
After spending considerable time mapping the various business models
online, we began to realize that many of the models were similar. We
observed there are fundamentally three archetypes that drive all business
models: Trade, Product, and Service. This was a breakthrough observa-
tion for us, because it paved the way for the model we then created.
Just as a color wheel starts with three primary colors and derives a set
of basic colors from the original three (red, green, blue), we’ve done
the same with our model. Many of the interesting online businesses are
hybrids of two of the three primaries; we call these the hybrid archetypes.
They include the Marketplace, Brokerage, and Subscription models.
And lastly there is the Ecosystem, which possesses traits of all three
primary archetypes.
Figure 6.1 illustrates this framework, which can be a useful place to start
thinking about how to structure your business. To make this framework
more useful, we also overlaid two prototypes to demonstrate each arche-
type. These prototypes are more defined and actionable models of the
more abstract archetype concept. This is not an exhaustive list of possible
prototypes, just a set of examples that illustrate the concept and provide
actionable material that you can use. Following the detailed description
of each archetype, we provide a list of the prototypes and a set of exam-
ples for each that appear to be succeeding online.
Trade
Trade is the primary archetype that describes the business of connect-
ing buyers and sellers, rather than offering something to be bought or
sold. The trader is the consummate “connector” who knows everyone
and helps to make introductions. Profits are generated by commission or
arbitrage, not by selling units or hours.
PART II KNOW80
From the Library of Mo ...
Biz bol presentation_ Comprehensive StudyJ Prakash
‘Market timing, ‘demand certain innovation and strategy to out master competition and a continuum to
be winner and market leaders. In a racing digital age it always about content: at the right time / at the
right place / to the right people to take action on it .If you could control this flow of information , tap on
interactions between Brand and consumers at local global level through a product will unlock new
avenues for growth in markets and sectors worldwide.
Orgapp Technologies was always an Advertisement / PR / Market research company. However to get
all odds into even, you have to Innovate. Hence, Phase 1:
Phase 1 is BizBol.com to get Brand and Consumer interactions, under a roof, directly through middle
men, Local Retailers and bring this whole experience through a cloud base online platform, in a web
savvy tomorrow market structure. If you could control this flow of information you out master
competition and have a say in how, what, when inform was exchange, acted upon and where. Than
unlocking new avenues for growth into markets and sectors worldwide:
http://www.orgapp.com/whatwedo.html
Other Products
HealthBol.com :sector healthcare (under development)
It provide a platform for Patients / Doctors / Hospitals / Pharmacy to interact exchange information.
Similar to Show Me the Money_ Unveiling the Secrets of Revenue Models - ZT (1).pptx (20)
Honest Reviews of Tim Han LMA Course Program.pptxtimhan337
Personal development courses are widely available today, with each one promising life-changing outcomes. Tim Han’s Life Mastery Achievers (LMA) Course has drawn a lot of interest. In addition to offering my frank assessment of Success Insider’s LMA Course, this piece examines the course’s effects via a variety of Tim Han LMA course reviews and Success Insider comments.
A Strategic Approach: GenAI in EducationPeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
Instructions for Submissions thorugh G- Classroom.pptxJheel Barad
This presentation provides a briefing on how to upload submissions and documents in Google Classroom. It was prepared as part of an orientation for new Sainik School in-service teacher trainees. As a training officer, my goal is to ensure that you are comfortable and proficient with this essential tool for managing assignments and fostering student engagement.
Introduction to AI for Nonprofits with Tapp NetworkTechSoup
Dive into the world of AI! Experts Jon Hill and Tareq Monaur will guide you through AI's role in enhancing nonprofit websites and basic marketing strategies, making it easy to understand and apply.
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...Levi Shapiro
Letter from the Congress of the United States regarding Anti-Semitism sent June 3rd to MIT President Sally Kornbluth, MIT Corp Chair, Mark Gorenberg
Dear Dr. Kornbluth and Mr. Gorenberg,
The US House of Representatives is deeply concerned by ongoing and pervasive acts of antisemitic
harassment and intimidation at the Massachusetts Institute of Technology (MIT). Failing to act decisively to ensure a safe learning environment for all students would be a grave dereliction of your responsibilities as President of MIT and Chair of the MIT Corporation.
This Congress will not stand idly by and allow an environment hostile to Jewish students to persist. The House believes that your institution is in violation of Title VI of the Civil Rights Act, and the inability or
unwillingness to rectify this violation through action requires accountability.
Postsecondary education is a unique opportunity for students to learn and have their ideas and beliefs challenged. However, universities receiving hundreds of millions of federal funds annually have denied
students that opportunity and have been hijacked to become venues for the promotion of terrorism, antisemitic harassment and intimidation, unlawful encampments, and in some cases, assaults and riots.
The House of Representatives will not countenance the use of federal funds to indoctrinate students into hateful, antisemitic, anti-American supporters of terrorism. Investigations into campus antisemitism by the Committee on Education and the Workforce and the Committee on Ways and Means have been expanded into a Congress-wide probe across all relevant jurisdictions to address this national crisis. The undersigned Committees will conduct oversight into the use of federal funds at MIT and its learning environment under authorities granted to each Committee.
• The Committee on Education and the Workforce has been investigating your institution since December 7, 2023. The Committee has broad jurisdiction over postsecondary education, including its compliance with Title VI of the Civil Rights Act, campus safety concerns over disruptions to the learning environment, and the awarding of federal student aid under the Higher Education Act.
• The Committee on Oversight and Accountability is investigating the sources of funding and other support flowing to groups espousing pro-Hamas propaganda and engaged in antisemitic harassment and intimidation of students. The Committee on Oversight and Accountability is the principal oversight committee of the US House of Representatives and has broad authority to investigate “any matter” at “any time” under House Rule X.
• The Committee on Ways and Means has been investigating several universities since November 15, 2023, when the Committee held a hearing entitled From Ivory Towers to Dark Corners: Investigating the Nexus Between Antisemitism, Tax-Exempt Universities, and Terror Financing. The Committee followed the hearing with letters to those institutions on January 10, 202
Synthetic Fiber Construction in lab .pptxPavel ( NSTU)
Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
Biological screening of herbal drugs: Introduction and Need for
Phyto-Pharmacological Screening, New Strategies for evaluating
Natural Products, In vitro evaluation techniques for Antioxidants, Antimicrobial and Anticancer drugs. In vivo evaluation techniques
for Anti-inflammatory, Antiulcer, Anticancer, Wound healing, Antidiabetic, Hepatoprotective, Cardio protective, Diuretics and
Antifertility, Toxicity studies as per OECD guidelines
21. Youtube's Revenue Model
YouTube generates revenue through
a variety of revenue streams:
including
advertising, channel memberships,
live streaming, and merchandise
sales. Data monetization.
22. While it does use the traditional
advertising model, it has expanded
revenue by allowing users to purchase
virtual gifts to give to their favorite
content creators, who then convert
these gifts back to cash, sharing a cut
with the platform.
TikTok
24. Betterment
Betterment uses a robo-advisory
model, where clients receive financial
advice and asset management online
and via software, rather than human
advisors. It's an innovative take on the
service model in the finance industry.
27. Applyboard
The startup makes money from
revenue-sharing agreements with
colleges and universities. If a student
attends a college from using their
services, ApplyBoard gets a cut of the
tuition.
28. 1. Understand Your Customers
2. Understand Your Market
3. Assess Your Product or Service
4. Evaluate Your Business Costs
5. Experiment
6. Scalability
Choosing a
Revenue Model
29. we should not be afraid to think outside the box.
Remember,
flexibility and
innovation are
key.
Good morning everyone! I'm [Presenter Name], and I'd like to thank you all for being here today. As fellow entrepreneurs and business enthusiasts, I believe we're all eager to delve into the nitty-gritty of a topic that's close to our hearts - Product Pricing and Revenue Models. The theme of our discussion? "Show Me the Money".
It's an honor to share the stage with some of the brightest minds in the industry. Personally, I have spent over a decade working with startups, navigating the challenging yet rewarding world of entrepreneurship. I am here to share my insights into how businesses make money through effective pricing and revenue models.
Welcome everyone! Today we're going to talk about a subject that every business owner needs to know: revenue models. A revenue model is essentially how your business makes money, and it can make or break your success. Without a solid revenue model, even the best products or services will struggle to stay afloat. So, buckle up and get ready to learn!
Revenue models might not sound like the most exciting topic, but trust me, it's crucial for any business looking to succeed. We'll be covering everything from what revenue models are, to different types of models, to strategies for maximizing revenue. By the end of this presentation, you'll have a solid understanding of how revenue models work and how to choose the right one for your business.
So, let's start from scratch. …. The revenue model is the backbone of any startup because it ties the product value to financial performance. It's not just about earning income, but creating a sustainable and scalable business.
So, let's start from scratch. …. The revenue model is the backbone of any startup because it ties the product value to financial performance. It's not just about earning income, but creating a sustainable and scalable business.
what does it look like in practice?Each model suits different types of businesses, products, and customers. Today we will examine these models and then explore how they can be innovated for today's ever-changing marketplace.
The product sales model is the simplest one. Businesses sell goods or services to customers for a profit. For instance, Walmart uses this model; they buy goods at wholesale prices, sell them at retail prices, and earn revenue from the price difference. This model can work well for businesses with physical products or one-time services.
Next, we have the Subscription Model. This model involves charging customers a recurring fee to access a product or service. For instance, Netflix users pay a monthly subscription to access their vast library of content. It's a model suited to businesses that offer ongoing services or digital products.
The freemium model provides basic services for free, but charges for premium features. A notable example is Spotify, where users can listen to music for free but must pay for an ad-free experience with additional features. This model is excellent for attracting users with free services and then converting them into paying customers.
Then, there's the Advertising Model. Businesses provide free services or platforms, and advertisers pay to reach that audience. Google and Facebook generate most of their revenue this way. They provide free services to users while selling ad space to businesses. This model is well suited for platforms with large user bases and diverse demographics.
But what if we step outside the box of these traditional models? Today's startups need to be innovative, not just in their products but also in their revenue models. They need to challenge norms, question the status quo, and reimagine how value can be delivered and monetized.
"Now, let's shift gears and look at some innovative revenue models that startups, in particular, should consider to stand out from the competition."
provides a basic product for free or at a low cost but charges for refills or related products. It’s commonly used in the gaming industry, where the game is free, but users pay for additional features or virtual goods."
" The Shared Economy Model has risen in popularity, and companies like Airbnb and Turo have leveraged it. This model involves sharing resources, reducing costs for users and making efficient use of assets. It's ideal for startups with a platform that connects providers and consumers.."
The Pay-What-You-Want model is where customers pay any amount they feel is appropriate for your product or service. It works best when customers value the product highly and want to support the business. It’s risky, but when done right, it can foster strong customer loyalty.
Radiohead's "In Rainbows" Album: In 2007, British band Radiohead shocked the music industry by releasing their album "In Rainbows" under a PWYW model. Fans could download the album from their website and were free to pay anything they wanted, or even nothing at all.
Humble Bundle: Humble Bundle is an online platform that sells bundles of video games, books, software, and other digital content. Customers can pay what they want for these bundles, and even choose how their payment is divided between the creators, charity, and the platform.
Humble Bundle, Inc. is a digital storefront for video games, which grew out of its original offering of Humble Bundles, collections of games sold at a price determined by the purchaser and with a portion of the price going towards charity and the rest split between the game developers.
Dynamic Pricing allows businesses to alter prices based on algorithms that take into account competitor pricing, supply and demand, and other external factors in real-time. Uber uses this model, increasing prices during peak hours. For startups, this model offers the opportunity to maximize revenue during high demand periods."
Tokenization is a new model made possible by blockchain technology. Companies issue their tokens to represent value or utility within their ecosystem. These tokens can then be traded or used within the platform. It's a promising model for blockchain-based startups."
Filecoin: Filecoin is a decentralized storage system that lets anyone sell their extra storage space. It has its own cryptocurrency, FIL, which clients use to pay for storage and which storage providers earn for their services.
Binance: As one of the largest global cryptocurrency exchanges, Binance issues its native token, BNB. It is used to pay transaction fees on the platform, participate in token sales, and more. By holding BNB tokens, users may receive benefits such as fee discounts and voting rights.
" In the API-as-a-Product Model, businesses offer APIs as a primary product. Companies like Stripe provide businesses with a suite of APIs to facilitate online payments. If your startup is in the tech sector, this model can provide significant value to your clients."
" Finally, there's the Data Monetization Model. Companies collect, analyze, and sell user data to generate revenue. Facebook, Google, Twitter, Nielsen, and Acxiom follow this model, providing invaluable insights to other businesses. In a data-driven world, this model can prove incredibly lucrative.."
Let's look at Amazon, a company that started as an online bookseller and has now diversified its revenue streams into areas like product sales, subscriptions, digital media sales, and advertising."
Take Amazon, for instance. Amazon started as an online bookstore, employing a simple product sales model. However, as the company expanded, its revenue model evolved. Today, it's a complex multi-stream revenue model, encompassing product sales, subscriptions via Amazon Prime, digital media sales through Amazon Music and Prime Video, and advertising.
Conversely, Facebook, being a social networking service, cannot employ a straightforward product sales or subscription model. Instead, Facebook offers its platform for free to its users and monetizes its user base through targeted ads. Advertisers pay Facebook to display their ads to a specific, targeted audience, making up the bulk of Facebook's revenue.
YouTube has become one of the most popular and influential platforms for content creators and viewers alike. As the largest video-sharing website, YouTube generates revenue through a variety of revenue streams: including advertising, channel memberships, live streaming, and merchandise sales. Through its robust advertising business, YouTube is able to capture vast amounts of user data that it then uses to optimize ad targeting and revenue generation.
ByteDance, TikTok's parent company, has an innovative revenue model where users purchase virtual gifts for content creators. The company then takes a percentage of these transactions. This model encourages user engagement and helps to retain top content creators."
Peloton sells exercise equipment and provides subscription-based workout classes,
" Betterment uses a robo-advisory model, providing online financial advice and asset management services based on algorithms. This has allowed them to provide their services at a fraction of the cost of traditional financial advisors.."
We strive to optimize every dollar you spend, save, and invest with us. Our technology manages your money and aims to helps you earn more.
“In the years when we [Martin Basiri and his brothers] were international students, we were helping other students with their applications and stuff. Years passed by, and we graduated and were doing different things. In 2015, we decided to do something. We thought why don’t we automate the application process to the level that we can so we can help more students? We had learned lessons from the obstacles faced in our own student journeys. And ApplyBoard was founded!
"In conclusion, understanding your customer, market, and product/service is crucial in choosing the right revenue model. Your revenue model is a reflection of the value you provide to your customers, and as startups, we should not be afraid to think outside the box. Remember, flexibility and innovation are key."
Thank you for your time. I hope this presentation has provided you with valuable insights into the world of revenue models. and I'd be delighted to answer any questions or engage in further discussion. Let's open the floor for a Q&A session.