Tesla is an American Company that was founded by Elon Musk in 2003 but named after Nikola Tesla, a renowned inventor and scientist. At the heart of the company is the design and manufacture of high-performance vehicles that are fully electric. Other services that define the company include retail merchandise, lifestyle products, solar panels, energy […]
In this era, competition is the nature of any business. Every venture is trying to win customers and drive sales. However, this is not a simple affair. For your business to succeed, you must come a robust marketing strategy and business model that will attract customers. Your strategy should inspire and build trust among your
User-Generated Content Business Model READ MORE
Certainly, you are aware of the saying “knowledge is power.” No time that this sentiment is relevant that in this decade. As the world moves to a knowledge-based economy, people and organizations are seeking learning opportunities. Everyone is finding a chance to access real-time information on emerging technologies and trends in their area. However, attending
Online Educational Business Model READ MORE
Growth is the ultimate goal of every business. As you launch your venture, you have a dream of expanding it to cover different markets. Maybe your plan is to open new stores or add other products to your website. For many businesses, crafting a niche market is their growth strategy. They want to serve a
Multi-Brand Business Model READ MORE
Every business has two major roles: production and distribution. Production involves coming up with a product and getting it ready for the market. You come up with a business idea, transform it into a product, and package it ready for customers. The next role is distribution. This involves getting the product from your business and
Distribution Based Business Model READ MORE
Information is power. Everyone wants to remain informed on the current occurrences. As a business owner, you want to know how the markets are performing. Your desire is to understand the prices your competitors are offering and access other essential data that can help you make decisions. In particular, entrepreneurs need to have current information
Instant News Business Model READ MORE
As the world begins the long transition into the “new normal” following the pandemic, many things will hopefully regain a sense of normalcy. However, this past year has shown individuals of all ages, not just the younger generation, that e-commerce (buying and selling products over the internet) is easy, convenient, exciting, and fun. One such
Wayfair’s SWOT Analysis 2021 READ MORE
Customer retention is the heart of every business sustainability. Your business must have customers coming back for more products to keep it going. For this reason, many businesses come up with approaches to realize this objective. Also known as business models, the approaches help a venture build a system that keeps the customers hooked to
Reverse Razor and Blade Business Model READ MORE
The desire of every person is to thrive in life. Thus, to achieve this, it requires investment. You can invest in a business or other saving schemes. With this understanding, legit and illegal investment schemes have come up. These investment opportunities apply lucrative strategies and business models that can easily attract a wide range of
Pyramid Scheme Business Model READ MORE
Centralization has been the norm of business. By this, it means that businesses with means of production produce goods and services. The companies own the process and the finished products. Workers and consumers have no role in contributing or sharing the value from the final products. However, liberalization is coming to the business arena. With
Peer-to-Peer Business Model (P2P) READ MORE
