Business model where products and services are sold through a website.
This model has the following advantages :
Offer your products or services in the places of your choice . You can therefore decide whether to display your product worldwide or only in specific locations.
It generates profits constantly, since this business model works 24 hours a day.
It offers relevant and detailed information about products and services . This information is constantly updated.
You have the possibility of having a wide range of products.
And has control over:
The orders.
Existing products.
The expenses.
Income, etc.
5. Freemium
It consists of offering a product that has two versions, one bangladesh whatsapp resource free and one paid. The Premium version has advanced features and options, additional services, etc.
Freemium therefore develops a strategy that aims to move customers from the free version to the paid version.
To this end, it proposes :
Limited trial period : indicates the maximum time that the user may try the product or service. Normally, the duration of this period is one month.
Limited functionality: This refers to the free service. Therefore, if the user wants to try out the rest of the features, he or she will have to pay.
Reduced number of licenses: As well as limited functionality, in order for the user to obtain more licenses they must upgrade to the Premium version.
6. Crowdfunding
It is a collaborative business model between professionals and individuals. They create a network with the aim of earning money that they will use to finance a project.
This indicates that revenue depends on the use of the platform. This business model is often used for:
Develop political campaigns .
Housing projects .
Creating small businesses.
Search for funding to develop artistic projects.
7. Crowdsourcing
It consists of outsourcing tasks or activities that were carried out by employees or contractors, which are now carried out by a group of people or community. In addition, this is done through an open call.
This business model has the following advantages :
Cost reduction .
The development of various proposals by the community.
The constant development of innovative and quality ideas.
8. Peer to Peer (P2P)
It is the development of platforms that aim to bring people together so that they can exchange, rent or develop processes for buying and selling products or services.
This business model offers a number of advantages , such as:
For the seller : he can save on advertising and marketing costs . The seller does not pay commissions to intermediaries. On the other hand, he has access to a large community of potential buyers.
For the buyer : it enjoys low prices, as it does not have intermediaries. What it does have is a variety of stocks that are found in one place. Finally, the buyer can make purchases from any platform.