Fábrica de Startups: Discoveries Travel and Tourism Startup Accelerator
Smart Business Modeler collaborated with Fábrica de Startups to pilot our venture creation and coaching platform as FabStart Academy, premiered by the Discoveries Travel and Tourism Startup Accelerator 2019 program. Discoveries: Travel and Tourism Startup Accelerator Discoveries is an intensive…
Sustainable Business Models: A New Logic for Value Creation
Unlocking the full potential of companies to solve ecological, social, and economic problems requires more than new products. It requires a new logic to how companies create, deliver, and capture value through the development and integration of sustainable business models. Today we introduce the…
The (Magic of the) Scalable Business Model: Growth vs. Scaling
Scalability has become a buzzword, yet not everyone understands what a scalable business model actually means and few understand the actual drivers. In this brain snack, we close that gap. Photo by Bill Jelen on Unsplash Growing vs. Scaling Scalability as such refers to the degree to which…
Business Model Brain Snack: Advertising
Every time you open Facebook or other social media websites, you probably notice a large amount of ads that are displayed. With these small “announcements” Facebook and Google generated more than half of all U.S digital ad revenue in 2017! Reason enough for us to explore the advertising revenue…
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…
How to develop a business model
Before we covered what a business model is and now we want to go into how to develop a business model. In order to build a business model you need to cover at least four elements. What do we sell? This is called the value proposition. To whom do we sell it? This is your customer. How do we…