Business Model Brain Snack: Open Innovation
In light of increasing complexity, decreasing product life cycles, and fast market change, what is one of the most cost-effective ways to innovate? Open innovation! Open innovation is a process business model pattern that enables cost reduction and accelerates time to market while creating novel…
Business Model Brain Snack: Dial down features
What is the best-kept secret to market disruption? Is innovation enough? Dial down features is one of the most common customer business model patterns, responsible for the success of industry leaders such as eBay, Uber, and Airbnb. How? Forget the classic engineering perspective. It is not about…
Business Model Brain Snack: Pay with data
What do you know about the $21B location data economy? Did you know that location data companies pay 0,5–2 cents per user per month? Pay with data is one of the most revolutionary digital revenue models. How? Apps are at the center of this new economy. The mobile location industry started as a way…
Business Model Brain Snacks: Pay-per-use
Welcome to the first edition of the Business Model Brain Snacks! In this series, we introduce new concepts around business modeling, such as novel business models, ways to transform your business model, and methods to scale your business. If you like this content, please follow us and share this…