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Business Models
What's a Manufacturer model?
Describe an E-Commerce model.
Business Models
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Answers
1
Describe an E-Commerce model.
Only for emails
E-sports only
Physical stores
Electronic medium for sales
2
What's a Manufacturer model?
Manufactures stories
Manufactures problems
Makes raw materials
Makes finished products
3
What is Direct to Consumer (D2C)?
Direct sales to customers
Consumer feedback
Selling to businesses
Buying from consumers
4
What's a Franchise model?
Only for fast food
Franchising movies
Using a company's brand and systems
Selling franchises
5
Describe Crowdsourcing.
Hiring a crowd
Services from online community
Sourcing crows
Finding a crowd
6
What is Peer 2 Peer (P2P)?
Peer evaluations
Direct interaction between individuals
Group discussions
Business to business
7
Describe a Bricks-and-Mortar model.
Selling bricks
Building walls
Online business
Physical street-side locations
8
Describe Multilevel Marketing (MLM).
Marketing levels
Commissions from direct sales and network
Only online marketing
Single-level sales
9
Describe a Subscription model.
Free subscriptions
One-time purchase
Regularly scheduled fees
Subscribing to magazines
10
What's a Data Licensing model?
Renting data
Selling or licensing data
Data privacy
Drivers license sales
11
What's a Crowdfunding model?
Collecting small capital amounts
Asking for loans
Crowd surfing
Funding parties
12
What does a Retailer model involve?
Retail therapy
Manufacturing products
Buying and selling to the public
Only online retail
13
What is the purpose of a business model?
Defines how money will be made
Used to pitch investors and banks
Communicates company vision
All encompassing plan
14
What is a 'Lean Startup' focused on?
Selling gym equipment
Startup diets
Exercising
Minimizing waste
15
Describe the Auction model.
Selling old items
Commission for buying/selling
Only for art
Auctioning companies
16
What is an Advertisement model?
Selling products
Selling billboards
Only TV ads
Free services, sell ads
17
What's a SaaS model?
Software as a Service
Saas and spice
Super as a Service
Selling as a Service
18
What does a Distributor do?
Distributes tasks
Distributes emails
Buys and resells products
Distributes flyers
19
What's a Nickel-and-Dime model?
Expensive services
Selling metal
Low price points for consumers
Saving nickels and dimes
20
What's Blockchain in business?
Only for cryptos
A chain of blocks
A new kind of block
Decentralized digital ledger
21
Describe a Freemium model.
Basic services free, charges for more
Premium services only
All services free
Free premium items
22
What's a Bricks-and-Clicks model?
Online only stores
Brick making
Physical and online sales
Clicking competition
23
Describe an Online Marketplace model.
Only for market research
Physical marketplace
Selling marketplaces
Fee per transaction online
24
Can business models change over time?
Only on Tuesdays
Yes, often
Only in leap years
No, never
25
What does Affiliate Marketing involve?
Solo marketing
Online merchant partnerships
Only social media
Selling in stores
26
What does an Aggregator do?
Collects services for a fee
Aggregates data
Makes aggregates
Collects rocks
27
What does a Wholesaler do?
Sells to consumers
Wholesome activities
Buys and resells to retailers
Wholesale prices only
28
What's a Dropshipping model?
Dropping prices
Shipping drops
Drop and shop
Merchant sells without inventory
29
What's an Agency model?
Selling agencies
Only for actors
Fee for business activities
Hiring secret agents
30
Describe a Direct Sales model.
Online only sales
Selling directions
Retail environment sales
Direct sales to consumer
