Benchmarks Flashcards
new york (state)
20M
china (population)
1.4B
India (population)
1.3B
US (population)
320M
Indonesia (population)
250M
Brazil (population)
200M
China (households)
445M
India (households)
260M
US (households)
120M
Indonesia (households)
63M
Brazil (households)
60M
World population
7B
Asia Pacific
4.5B
Africa
1.2B
North America
580M
EU
510M
South America
420M
US health insurance
92% total
68% = private 34% = public coverage
Crowd Source Business Model
cilitates companies with access to operational solutions like ideas and technologies, upgraded consumer interaction, opportunities for co-collaboration, operation optimization, and reduced costs.
ex: kickstarter
high touch
ustomers’ interaction and involvement are on the highest level to make the experience personalized. It is a phenomenon in which a customer gets involved in a kind of partnership with the business. High touch is needed for larger accounts because they pay more and are sticky.
ex: buying a car at auto dealership, house, enterpreise SaaS
low touch
the product or service is delivered by minimum customer interaction. Low touch is good for low price software tools where acquiring customers is easier.
ex: surveymonkey, zendesk
Flex Pricing
final price of an item is negotiable
Auction-Based Business
eBay, amazon
reverse auction
Eligible suppliers bid lower and lower at each subsequent round to entice the business and win the contract.
ex: seeking government contracts
brokerage business
provides a single platform to buyers and sellers for communicating the deals. It charges a fee for any transaction between the parties either from the buyer or the seller depending on the featured category.
ex: expedia, century21
bundling
combines products or services to offer a package gathered as a single combined unit to sell at a comparatively low price. It is the form of convenient purchasing for several products and services from a single business unit
ex: microsoft office 365, value meal at burger king
disintermediation
deal directly with customers
dell, tesla
fractionalization
pizza by the box or by individ. slices
pay as you go
per usage of product / service
product as a service
sell the servica product rather than the product itself
ex: zipcar, fedex (printing)
standardization model
does not have a customized model
ex: minuteclinics, beleza natural
user base communities
interactive platform where users communicate on their own
leasing
renting large or high profile items instead of selling them
ex: home depot (tool rental)
