Business model generation chapter 2 Flashcards
Unbundled buisness
This is when the three types of buisnesses product innovation, customer relationships and infastructure are seperated into three departments in one buisness to prevent conflicts and tradeoffs from occuring.
Multisided platform
This is when one platform gains value from distinct platform that it interacts with in one buisness.
Free as buisness model
This is the model that describes that free purchases granted to a customer segment impacts a particular customer segment and the money to purchase the product is paid off by another part of the buisness model or customer segment.
Open Buisness models
This is when buisnesses share their insights, assets and expertise with outside groups and gain expertise and assets from them.
Long Tail Buisness
This is when a buisness produce a wide variety of products but sells them at a low volume.