The following are a few examples of classic business models. 1. Bricks and Clicks A retailer who sells products both on the internet and in physical stores. The stores may serve as product showrooms, customer service centers and delivery points. 2. Cutting Out The Middleman
3 Traits of a Good Business Model 1 They Match Up With Company Goals and Values Your business model comes after you define what your company is trying to do. … 2 A Business Model Should be Robust You don’t want to base your entire business off a model that might not be effective after a year or two. … 3 They Leave Opportunity for Innovation
Ultimately, the best business model for your company depends on what is right for your product and your customers. But whether you use a business model example template or invent a new one, building out a business model takes significant research, planning, and analysis. How do companies use business models?