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Why Business Model?

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Matthew Bulat
Matthew Bulat

What is a Business Model? Why is having a modern Business Model important? How does Business and Technology work into a Business Model? Why is understanding your customer important? How does your products and services suit your customer?

Business
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Why Business Model? How to make your business sustainable
What is a Business Model? ● A one page business plan ● The logic of a sustainable business ● Defines who are your customers, what value do you provide & why you are profitable
Why are Business Models important? ● Competition Business Model improvements ● Digital disruption affecting your current model ● Technology allowing new Business Models
Music - One Product, 3 Business Models Store Model Online Model Subscription Model Buy a CD in store Buy a digital song Buy a year all music subscription
Business Model Customers What jobs are they trying to complete? What pain or risks are they trying to avoid? What goals or gains are they seeking?
Business Model your value How do your product and services help customers? Save customer time, money, effort, risks, create solutions or eliminate obstacles. Produce desired outcomes for the customer.
http://www.matthewb.id.au/index.php/business ● Business Model frequently asked questions ● 4 Industry Business Model examples ● Online Business Model Creator with 200+ attributes to choose from. ● Business and Technology Model definitions

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