The internet and new technologies have revolutionized the business sector. Discover 5 of the most interesting new business models for 2020.
consolidated thanks to the Internet
5 new business models that have been
- Dropshipping. This is malaysia email list the business model par excellence for many e-commerce businesses. The retailer simply takes orders and passes them on to the wholesaler, who then manages the inventory and ships the products to the end customer. By acting as an intermediary, the retailer doesn’t have to make a large initial investment and has few fixed costs. To expand its catalog, it simply has to forge agreements with other manufacturers.
- Freemium model.
- This business what are niche markets? model was primarily promoted by Amazon to increase sales through
referrals. In practice, the seller shares a percentage of each sale made by their affiliates. These sales are typically generated through content, whether articles, videos, or images, that include a link to the promoted products. - Software-as-a-Services (SAAS)
- . This new business model consists of offering on-demand software to companies that south africa business directory want to digitalize but don’t want to invest in hardware or technical equipment. These companies hire a software technology provider that handles all management tasks. An example is Shopify, which allows you to create and customize an online store.
- This business model involves attracting customers by offering part of the service for free or for a limited time, in order to gain their trust.
- Long-tail model. Traditional businesses seek profit by selling many units of a few products; this model reverses that trend: it sells few units of many products. Such is the case with companies like Lulu or Bubok, self-publishing platforms that sell a lot of books, but few units of each title.
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