What Is a Revenue Model?
A revenue model is the system design by
which a business monetizes its solutions, products, and services.
Being a key
component of a
business model, a revenue model is the
plan for an enterprise to make money.
It describes how a business generates
revenue streams from the
value it creates for customers.
Value Innovation: Yin-Yang Strategies
There are many different types of
revenue models. Every
innovative company invents its own unique
A strong and
innovative revenue model is very important for early stage
startups as their
are usually very conscious of monetization and return on their investment (ROI).
reinvent their revenue models to expand to new areas or
adjust to a new generation of customers and competitors...
Focus on Emotional Drivers
Your company should deliver a particular
customer value proposition to a definable market in order to exist.
Selling Is Problem Solving
proposition is a description of the customer
addresses the problem, and the value of this solution from
The business in the digital economy is evolving
and companies are responding to the
The accelerated development of the Internet,
social networks and mobile devices is expanding the possibilities for
Social Media Marketing: 10 Tips
companies are using new e-commerce technology and the Web. Others are
creating niches within market segments. Some are selling complementary
products and services, while others are experimenting with new ways to
generate or supplement revenue streams. These new approaches offer new
possibilities for innovative firms and serve as leading-edge examples of
Internet-powered Business and Revenue Models
The objective of an effective public relations strategy is to generate
revenue through greater awareness and information for the
products and services an organization offers...
The best price is always the one that provides
you with the most long-term profits. Price in terms of value rather than
cost. Cost-plus pricing is worst choice. When you start pricing more
intelligently, you will have a real advantage over most of your competitors...
Create Sustainable Profit
To create a sustainable revenue stream and
profit growth, keep asking the following nine questions...