Marketing & Systems ...ย โขย 6m
Symmetrical vs. Asymmetrical Business Models Understanding these two models can help you analyze how businesses operate and grow. Here's a simple breakdown: Symmetrical Business Model You get paid directly for the value you deliver. Example: A gym membership. You pay a monthly fee to access the gym's facilities. Value is delivered directly, and revenue comes from the same person receiving that value. Asymmetrical Business Model The value is delivered to one party, but revenue comes from another. Example: Facebook (Meta). Users enjoy free social networking (value). Businesses pay Facebook to run ads targeting these users (revenue). Why does it matter? Symmetrical models are straightforward and scalable in specific niches. Asymmetrical models often drive exponential growth by leveraging third-party revenue. Which model does your business use? Or do you combine both? Letโs discuss below!
Marketing & Systems ...ย โขย 6m
๐ Business Model vs Revenue Model vs Revenue Stream ๐ These terms are often used interchangeably, but they mean very different things. Here's a simple breakdown: 1๏ธโฃ Business Model ๐งฉ What your business does and how it creates value. Example: N
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What is a Revenue Model? A revenue model is the game plan for making money in your business. It outlines how your company generates income through its products, services, or other offerings. In simple terms, itโs the strategy behind your earnings.
See MoreHey I am on Medialย โขย 1y
Good Morning Everyone ๐, Do you think that, Elon Musk's Grok Model is going to be big competition for models like GPT-4,Claude Models Sonet/Optus, Google's Gemini Model or Grok is lagging behind the competition? According to me, making a Model publ
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Imagine tomorrow morning ๐, you wake up and WhatsApp ask you to pay if you want to message your friend.Will you pay or you will just uninstall WhatsApp. If you would have been WhatsApp user before 2016, you might have paid for it .Yes, WhatsApp char
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