But Speed, Quality, Consistency and Real Estate?
Carpenter, Steven. “TechCrunch Teardown: Etsy’s Business Model”. Levy, Steven. “The Secret of Googlenomics”. Duesterberg, Thomas J. “The Apple Business Model Is Good for US Manufacturing”. Hansell, Saul. “A Big Bet on Kayak for Travel Search”. Miller, Kerry. “An eBay For The Arts And Crafts Set”. Magretta, Joan, et al. Mourdoukoutas, Panos. “Is Groupon’s Business Model Sustainable?”. McGrath, Rita. “Groupon’s Business Model Is Leaking”. Elgan, Mike. “Google’s Business Model: YOU Are the Product”.
The deals only become active and purchasable after a certain number of people have expressed interest. Any deeply discounted deal like these is going to work as a loss leader for the local merchant, and if it doesn’t result in repeat customers — or if the people buying the deals are already customers — then the loss is never remunerated by future business. Recently, this particular industry sector has come under heavy fire, both from those who compare the setup to pyramid or Ponzi schemes, and often from researchers and analysts who question whether the business model may even be detrimental to the vendors it’s attracting.
Sites such as the one-of-a-kind craftseller aggregator Etsy, the T-shirt design site Threadless and micropayment sites like Kickstarter and Donors Choose all operate on this concept: Even a single, customized, one-of-a-kind piece of art is worth enough, in the long tail, to make the sites worthwhile. Never before in human history have we had this capability to shop, pay for, ship and deliver such a grand assortment of merchandise. If you have any concerns concerning wherever and how to use Looking for a condo in Dec-Jan in Bangkok (look at these guys), you can make contact with us at our web-page. Even 10 years ago, the idea of a person-to-person (p2p) economy of art goods or books that is commonplace today would have been unheard of. Thanks to the Internet, p2p commerce is now a real idea, and one that is quickly becoming the most influential of all, as other business models begin to change and shift to incorporate its qualities into their own. That means doing business with likeminded, single individuals and knowing where your money is going.
However, going in with these assumptions can mean unbeatable prices and a fairly straightforward agreement. While Priceline pioneered the “reverse-auction,” brokerage model of travel deals, many different industries and sites now work on the opposite standard: By listing deals and prices from around the Web, customers can be assured of getting the lowest price on any specific product or package they desire. Kayak searches the Web for all travel offers — airfare, hotel, transportation — based on trip specifications you select, then produces a list of options for the customer to compare. While a business traveler may not have the time or leisure to book partially unknown flights with unknown carriers, regular travelers can take advantage of great deals.
Apple, in practice, is more like three different kinds of companies working in concert: software engineering, hardware manufacturing and retail. Each of these gets to consumers in a different way, but they all work around the same core concepts of suiting the consumer’s needs before he or she can even anticipate them: products for the home, business and entertainment, in-home and portable, for young and old, at price points high enough to make their products aspirational, but just low enough they’re still attainable. Each Apple product is created, in part, to sell the Apple brand and create Apple loyalty throughout the home. Apple brands itself, software and hardware alike, as the standard for quality, innovation, design aesthetic and usability.
