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From Airbnb to Zara: The A-Z of Market Disruptors

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From Airbnb to Zara: The A-Z of Market Disruptors

  1. 1. From Airbnb to Zara: The A-Z of Market Disruptors Disruptive Innovation is Attractive, But Can Seem a Little Scary to Small Companies. This A-Z of Market Disruptors Demonstrates Why You May Be the One to Shake Things Up. vistage.co.uk
  2. 2. Here are ten successful market disruptors, and how they achieved success by adopting new business models: vistage.co.uk
  3. 3. Airbnb disrupted the travel industry. It created a new cloud-based market in private home rentals. Aimed initially at travellers on low incomes. Now operating in 200 countries. Worth $10 billion. Source: thestrategygroup.com.au vistage.co.uk
  4. 4. The Apple iPhone disrupted the laptop market. It created a new business model. App developers hooked up with customers. The iPhone solved customers’mobile computing needs. Source: hbr.org vistage.co.uk
  5. 5. 50cycles.com started in 2003. Two brothers imported electric bikes from Japan. They’re now developing a new model involving: Retail, eCommerce and a franchise model for accelerated growth. 50cycles is producing the first UK-manufactured electric bike. vistage.co.uk
  6. 6. Cahootsy is‘reverse Groupon’. It’s disrupting social and commerce platforms. Consumers request deals. Retailers provide those deals in return for word-of-mouth marketing. M&S and The Body Shop recently signed up. vistage.co.uk
  7. 7. Chipotle disrupted fast food. Healthy fast food became a new market. There are now 1,400 outlets in America. It launched‘fast casual’- upmarket but convenient eating. Source: fastcompany.com vistage.co.uk
  8. 8. Golfscape has transformed teeing off around the world. It cuts out travel agents and tour operators. A new marketplace allows direct booking. You can book real-time in 47 countries. vistage.co.uk
  9. 9. JobsTheWord disrupts recruitment. Its new business model uses big data. Candidates are matched with businesses. Partners include Samsung and American Express. vistage.co.uk
  10. 10. Netflix launched in 1997. Blockbuster didn’t see it as much of a rival. Netflix switched from mailing films to low-cost streaming. It attracted a far larger market share. Blockbuster collapsed. Source: hbr.org vistage.co.uk
  11. 11. Snapchat disrupted social media and advertising. Photo and video content disappears after ten seconds. Wall Street Journal, CNN and Cosmopolitan are all on board. Snapchat is currently worth $20 billion. It has 100 million users. vistage.co.uk
  12. 12. Zara disrupted the fashion industry. A new supply chain model means: Customer demand is met quickly. Cut-price designer copies are produced at high turnover. Being market responsive keeps Zara ahead. Source: Supply Chain Management vistage.co.uk
  13. 13. Takeaways: Small is definitely advantageous when considering disruptive innovation. Larger firms are too busy keeping customers to become disruptors. Disruptive innovation often involves small- scale experiments that grow. Go in cheap with a low-end foothold. Be inventive with a new-market disruption. vistage.co.uk
  14. 14. vistage.co.uk Want to Be Bolder in Business? Download: The Business Leader’s Library. Vol. 3: Sales and Marketing DOWNLOAD NOW!

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