Business model patterns
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The document discusses various business model patterns that are emerging due to factors like increasing internet connectivity, a focus on micro-entrepreneurship, and a shift to more service-oriented business models. Some of the business model patterns highlighted include crowd-sourcing, transaction-based pricing, social networking, cloud computing, virtual enterprise support, partnership/collaboration, and reverse innovation. The document provides brief descriptions of each pattern along with examples.
Business model patterns
- 1. Business Model Patterns Faster I Better I Cheaper Ritesh Kapoor
- 2. 2 Business Model Patterns Internet {Connectivity } Operation s {Operational efficiency} East to West {Booming economy} Increasing Focus On Minipreneurs • Financing, M&A assistance for development in rural and semi-urban India –Aavishkaar India Micro Venture Capital Fund Service Orientation • Integration of manufacturing, services and maintenance –Renewable Energy Group, Solar Power Partners, Asian Paints Telecommuting • Transport work rather than individuals; save commutation time –Arthur Anderson - St. Charles, Illinois, AT&T - New York City Social Networking • Web2.0 enabling community based approach –Patientslikeme, LinkedIn, Inmobile.com, facebook Transaction Based Pricing • Shift to transaction based pricing from time & material based pricing –iTOPS from iGATE, Mphasis Micro Franchising • Collective access becoming more common than individual ownership (Pay per use Internet kiosks) –DTDC courier service in India Crowd Sourcing • Practice of obtaining services/ ideas/ content contributions from large group of people, esp. from an online community, rather than from employees/ suppliers –P&G, iStockphoto, Threadless Partnership/ Collaboration • Open Innovation: Leverage tech. • Open sourcing for customized solution • Collaborative pdt dev • University partnerships Direct Sourcing • Cutting cost & creating shareholder value – Reliance Fresh (sourcing of vegetables) is first of its kind Cloud Computing • Use of computing resources (h/w, s/w) that are delivered as a service over a network (typically Internet) – SaaS, PaaS, IaaS –IBM, Cisco, SAP, Oracle, Google docs, Dropbox Virtual Enterprise Support • Project-based, administrative assistance –MyBusinessAssistant.com Infrastructure Sharing • Sharing of infrastructure by multiple vendors –GTL setting up infrastructure, telecom companies sharing under one tele shelter EvolvingPatterns E- Commerce • Use www at least at one point in transaction's life- cycle; may encompass other tech – e-mail, mobile devices social media, telephones –Amazon, ebay Insourcing • Cessation by a co. of contracting business function and commencement of performing it internally –GE, GM Reverse Innovation • Innovation in developing mkts & then marketing/ sell them in developed markets –GE: GE MAC 800, Tata Motors: Tata Nano, Godrej: Chotukool Refrigerator
- 3. 3 For more details: kapoor.ritesh@gmail.com Read about more interesting topics on http://kapoorritesh.blogspot.in/