Naira Ness (@nessnaira)
On Demand Business Models
Want to earn money without indulging in the processes of production or providing services? Are you better at marketing than at production or providing services?
Do you ever wonder how these companies manage to accumulate different sellers and yet provide a uniform product/service? Companies like JustEat, Saucey, Drizly, Uber, FoodPanda, etc., all come under the aggregator business model. Let us have a look at “what is an aggregator business model?”
What is an Aggregator Business Model?
An Aggcontinue reading →
Trivago business model has a multi-sided plan of action, with two related client sections that are both required keeping in mind the end goal to work: hotel/lodging brands that advance their offerings on the web and customers who contrast the offerings and their costs with settle on a buy choice.Value Proposition
Trivago offers four essential incentives: availability, customization, accommodation, and brand/status.
The organization makes opennesscontinue reading →
Letgo is a website and application with online classifieds. It allows the users to buy and sell things online. The items can be used or unused. The user can list items on the application and communicate with buyers online. After finalizing a deal the seller can sell the item to them.
Let’s see how does Letgo work in detail.
How does the sign-up process work on Letgo?
While using Letgo, the first step after downloading the app is the signup process. The signup process iscontinue reading →
Online marketplaces are very successful because of a lot of features provided by marketplace business model. The marketplaces operate on a simple rule; they work as a meeting junction for buyers and sellers to buy and sell products respectively and the mediator i.e. the Marketplace Company earns the commission without any investment. This creates a win-win-win situation as all the three parties involved benefit from this platform.
The Marketplace Business Model has the following categories;
Uber is a taxi aggregator and acts as a branded marketplace for matchmaking between cab drivers and riders. To understand Uber Business Model, we must need to understand that the taxi market is not regulated everywhere and is not a single market. The taxi market has always been fragmented which paved way to startup like Uber to come in and penetrate with such pace. The traditional taxi market, in every city worldwide, has always been working in two segments – (1) street hailing/cruising, (2) precontinue reading →