The different revenue model options, business model types and drivers why people pay. From Freemium, Broker to Razor-blade models. Ask the right questions to select your monetization strategy.
Phil Dillard, Black Ant, @PhilD0210
The objective of the Lean Startup 101 training is to introduce the concepts, terminology and approaches — and, to help organizations overcome resistance accepting the new approach so that exploration and learning can begin. This practical, interactive session will provide a solid foundation for advanced sessions, including the Lean Startup 201 & 301. This training is designed for practitioners in both the enterprise and in startups who are relatively new to the Lean Startup approach or who are seeking a quick refresher. Lean Startup 101 is a perfect way to kick off your week of Lean Startup!
Thanks to Lean Startup Co.’s law firm, Orrick, for being the sponsor for this track.
Every startup begins with an idea. This is a talk on how to come up with startup ideas and how to use validation to pick the ones worth working on. It's based on the book "Hello, Startup" (http://www.hello-startup.net/). You can find the video of the talk here: https://www.youtube.com/watch?v=GkmiE8d_5Pw
29 Revenue Model Options for Industrial enterprises (curated by @arnevbalen -...Board of Innovation
How to find new ways to make money as an industrial company? Explore 29 trigger cards with different business model options and pricing tactics (Industrial enterprise version). - by Board of Innovation
Optimize Your Funnel By Getting Inside Your Buyer's HeadDavid Skok
Part of finding product/market fit is turning early wins into repeatable, scalable, and profitable sales. In this talk given as part of the Heavybit speaker series, I discuss how to shorten the time to customer conversion from trials, freemium and open source products.
This document outlines 5 phases of startup growth:
1. Get Lean - Focus on problem/solution fit and building a minimum viable product through customer interviews and testing.
2. MVP - Learn what customers want through an MVP to prove demand while keeping costs low.
3. Head for PMF - Achieve product/market fit by reaching must-have scores and metrics like NPS above 40%.
4. Scale - Hire growth specialists to ramp up experimentation and identify high-impact opportunities while monitoring core metrics.
5. Maturity - Pursue horizontal and vertical expansion through new channels, specialization, and acquisitions to drive incremental wins.
The document discusses business model innovation through recognizing patterns in product, customer, and revenue innovation. It provides examples of companies that innovated their business models by changing their products, finding new customer segments, or altering their revenue streams. Some of the revenue model patterns discussed include freemium, subscriptions, pay per use, and multi-sided platforms. The document advocates that the best innovators are good at pattern recognition and encourages recognizing patterns to enable quickly pivoting business models through experimentation.
CB Insights Live: Startups And Accelerating Corporate InnovationNikunj Sanghvi
This document discusses how corporations can accelerate innovation by learning from startups. It recommends that large companies focus on possibilities rather than dismissing startup ideas, and look for ways to "unbundle" their own businesses to identify potential competitors. The document provides examples of how various large companies have been disrupted by startups attacking individual products or services. It also assigns "homework" for readers to identify startups that could threaten parts of their own businesses.
Phil Dillard, Black Ant, @PhilD0210
The objective of the Lean Startup 101 training is to introduce the concepts, terminology and approaches — and, to help organizations overcome resistance accepting the new approach so that exploration and learning can begin. This practical, interactive session will provide a solid foundation for advanced sessions, including the Lean Startup 201 & 301. This training is designed for practitioners in both the enterprise and in startups who are relatively new to the Lean Startup approach or who are seeking a quick refresher. Lean Startup 101 is a perfect way to kick off your week of Lean Startup!
Thanks to Lean Startup Co.’s law firm, Orrick, for being the sponsor for this track.
Every startup begins with an idea. This is a talk on how to come up with startup ideas and how to use validation to pick the ones worth working on. It's based on the book "Hello, Startup" (http://www.hello-startup.net/). You can find the video of the talk here: https://www.youtube.com/watch?v=GkmiE8d_5Pw
29 Revenue Model Options for Industrial enterprises (curated by @arnevbalen -...Board of Innovation
How to find new ways to make money as an industrial company? Explore 29 trigger cards with different business model options and pricing tactics (Industrial enterprise version). - by Board of Innovation
Optimize Your Funnel By Getting Inside Your Buyer's HeadDavid Skok
Part of finding product/market fit is turning early wins into repeatable, scalable, and profitable sales. In this talk given as part of the Heavybit speaker series, I discuss how to shorten the time to customer conversion from trials, freemium and open source products.
This document outlines 5 phases of startup growth:
1. Get Lean - Focus on problem/solution fit and building a minimum viable product through customer interviews and testing.
2. MVP - Learn what customers want through an MVP to prove demand while keeping costs low.
3. Head for PMF - Achieve product/market fit by reaching must-have scores and metrics like NPS above 40%.
4. Scale - Hire growth specialists to ramp up experimentation and identify high-impact opportunities while monitoring core metrics.
5. Maturity - Pursue horizontal and vertical expansion through new channels, specialization, and acquisitions to drive incremental wins.
The document discusses business model innovation through recognizing patterns in product, customer, and revenue innovation. It provides examples of companies that innovated their business models by changing their products, finding new customer segments, or altering their revenue streams. Some of the revenue model patterns discussed include freemium, subscriptions, pay per use, and multi-sided platforms. The document advocates that the best innovators are good at pattern recognition and encourages recognizing patterns to enable quickly pivoting business models through experimentation.
CB Insights Live: Startups And Accelerating Corporate InnovationNikunj Sanghvi
This document discusses how corporations can accelerate innovation by learning from startups. It recommends that large companies focus on possibilities rather than dismissing startup ideas, and look for ways to "unbundle" their own businesses to identify potential competitors. The document provides examples of how various large companies have been disrupted by startups attacking individual products or services. It also assigns "homework" for readers to identify startups that could threaten parts of their own businesses.
This document outlines how to use a validation board to test startup ideas using the Lean Startup process. It describes a 3-step process: 1) Define your customer problem and hypothesis; 2) Plan your minimum viable product experiment to test assumptions; 3) Analyze results and pivot if not validated. The key is to get customer feedback quickly through minimal experiments rather than fully building products before validating problems and solutions. If done correctly, it can help startups stay focused on action and learning to successfully start, sustain, and scale their businesses.
Launching a Rocketship Off Someone Else's Backjoshelman
The document discusses strategies for startups to build on top of large platforms to gain users and grow rapidly. It notes that while platforms are not there to specifically help startups, they can be beneficial for acceleration if used correctly. The key strategies are to 1) build products that provide clear value to users and incentives for the platform, 2) design products to work independently of platforms since platforms will change, and 3) use platforms for user acquisition and acceleration only, not as a primary distribution method or business model. Successful examples include Instagram, YouTube, and Dubsmash who leveraged platforms initially but became independent destinations.
The Startup Design Toolkit - a design-thinking approach to startups and produ...Alejandro Rios Peña
When PMs or entrepreneurs tackle a new product venture, they need to acquire and combine skills and tools from the Development, Business and Design fields. In this session, the following topics will be introduced:
- Is there really a formula for new product or startup success?
- What is Design-Thinking and how it is driving innovation around the world?
- Building a Toolkit: a subset of practical tools curated from the Lean Startup, Customer Development, Design-Thinking and other methods, to really help entrepreneurs to accelerate and find a scalable business model.
http://productcampsf.com/proposed-session-a-design-thinking-approach-to-pm-and-startups/
27 Revenue Model Options B2C (curated by @arnevbalen - Board of Innovation)Board of Innovation
How to find new ways to make money in B2C? Explore 27 trigger cards with different business model options and pricing tactics. (by Board of Innovation)
Where to find better ideas? +10 categories to explore with examplesBoard of Innovation
This document provides tips for finding creative ideas as a team. It suggests getting inspiration from problems users face, observing how people workaround frustrations, exploring your company's existing unused assets, tracking trends, researching history and old ideas, observing extreme users, and browsing sources randomly for Eureka moments. The overall message is that being open to diverse sources of information can trigger novel ideas.
What's the ROI of a Piano? What's the ROI of a YouTube channel? What's the ROI of anything!? After you read this deck you'll be able to answer all these questions easily.
Some years ago, Eric Ries, Steve Blank and others initiated The Lean Startup movement. The Lean Startup is a movement, an inspiration, a set of principles and practices that any entrepreneur initiating a startup would be well advised to follow.
Projecting myself into it, I think that if I had read Ries' book before, or even better Blank's book, I would maybe own my own company today, around AirXCell or another product, instead of being disgusted and honestly not considering it for the near future.
In addition to giving a pretty important set of principles when it comes to creating and running a startup, The Lean Startup also implies an extended set of Engineering practices, especially software engineering practices.
Three business basics to always remember! People don't care about your brand. They care about what you can do for them. Back to basics... Give people what they want, do it consistently and do it better than your competition.
This document discusses insights, including what they are, different types of insights, and why they are important for marketing. It notes that while insights are often talked about, real insights that provide an intuitive understanding of consumer behavior are rarely found. The document examines several definitions of insights and perspectives from marketing planners, emphasizing that insights must offer more than just an observation and provide an explanation for consumer behavior.
My contribution to this world of startups, to all people like me and my friends. "The Designer's Guide to Startup Weekend".
Soon also on Behance, Dribble and Visual.ly.
Enjoy it and, please, let me know if it was helpful for you :)
Clickbait: A Guide To Writing Un-Ignorable HeadlinesVenngage
We looked at some of the top performing content on social media, from some of the top publications on the web. From this, we were able to figure out the recipe for crafting a click-worthy title. Here is what we learned...
How to re-frame business problems to customer-centric opportunity spaces that drive value. Design thinking is your shortcut to customer empathy. A good understanding on how this method could help you identify real customer problems and unmet needs is essential. Moreover we will share techniques and tools that you can implement directly after this crash course. Start inventing the future.
P.J. Leimgruber presents tactics for launching a new product with limited resources. The presentation covers conducting market research through customer interviews to understand problems and build an advisory board. It also discusses analyzing competitors by researching their search rankings, backlinks, and traffic sources to learn from successful launches. The presentation emphasizes setting up analytics to track metrics and the effectiveness of marketing efforts.
This document provides a 10-step guide for developing business ideas that stand out and will be selected by managers. The steps include defining a customer segment and problem, conducting interviews to validate the problem, brainstorming multiple solutions, understanding competition, creating a prototype, gathering feedback on the prototype from customers, and estimating the potential market size. The overall guide encourages validating problems with customers, developing tangible prototypes, and using metrics to communicate the potential of an idea.
Innovation & Business Model & Business Model Canvas 2014Serdar Temiz
This document discusses business models and the business model canvas. It defines invention as a novel idea and innovation as the commercialization of that idea. The four main types of innovation are described as technology, process, product/service, and business model innovation. The business model canvas is introduced as a tool consisting of nine building blocks: customer segments, value proposition, channels, customer relationships, revenue streams, key resources, key activities, key partnerships, and cost structure. The document provides examples and questions to consider for each block to help outline a business model.
How to Build a Product Vision by Spotify Product ManagerProduct School
In this episode, Matt Williams talks about building a product vision and getting stakeholder buy in. He also covers 'managing up' and how to navigate within your organization, whilst fostering an understanding of vision and user empathy with engineers.
15 companies you should copy: business models visualised by @boardofinnoBoard of Innovation
Doorsteps is an online platform that guides home buyers through the house buying process. It provides step-by-step guidance in 6 phases, from initial hopes to closing. It connects buyers to real estate agents, lenders, and other service providers through a shared online workspace and profile. The platform aims to save buyers time, money, and stress through the home buying process.
This document outlines how to use a validation board to test startup ideas using the Lean Startup process. It describes a 3-step process: 1) Define your customer problem and hypothesis; 2) Plan your minimum viable product experiment to test assumptions; 3) Analyze results and pivot if not validated. The key is to get customer feedback quickly through minimal experiments rather than fully building products before validating problems and solutions. If done correctly, it can help startups stay focused on action and learning to successfully start, sustain, and scale their businesses.
Launching a Rocketship Off Someone Else's Backjoshelman
The document discusses strategies for startups to build on top of large platforms to gain users and grow rapidly. It notes that while platforms are not there to specifically help startups, they can be beneficial for acceleration if used correctly. The key strategies are to 1) build products that provide clear value to users and incentives for the platform, 2) design products to work independently of platforms since platforms will change, and 3) use platforms for user acquisition and acceleration only, not as a primary distribution method or business model. Successful examples include Instagram, YouTube, and Dubsmash who leveraged platforms initially but became independent destinations.
The Startup Design Toolkit - a design-thinking approach to startups and produ...Alejandro Rios Peña
When PMs or entrepreneurs tackle a new product venture, they need to acquire and combine skills and tools from the Development, Business and Design fields. In this session, the following topics will be introduced:
- Is there really a formula for new product or startup success?
- What is Design-Thinking and how it is driving innovation around the world?
- Building a Toolkit: a subset of practical tools curated from the Lean Startup, Customer Development, Design-Thinking and other methods, to really help entrepreneurs to accelerate and find a scalable business model.
http://productcampsf.com/proposed-session-a-design-thinking-approach-to-pm-and-startups/
27 Revenue Model Options B2C (curated by @arnevbalen - Board of Innovation)Board of Innovation
How to find new ways to make money in B2C? Explore 27 trigger cards with different business model options and pricing tactics. (by Board of Innovation)
Where to find better ideas? +10 categories to explore with examplesBoard of Innovation
This document provides tips for finding creative ideas as a team. It suggests getting inspiration from problems users face, observing how people workaround frustrations, exploring your company's existing unused assets, tracking trends, researching history and old ideas, observing extreme users, and browsing sources randomly for Eureka moments. The overall message is that being open to diverse sources of information can trigger novel ideas.
What's the ROI of a Piano? What's the ROI of a YouTube channel? What's the ROI of anything!? After you read this deck you'll be able to answer all these questions easily.
Some years ago, Eric Ries, Steve Blank and others initiated The Lean Startup movement. The Lean Startup is a movement, an inspiration, a set of principles and practices that any entrepreneur initiating a startup would be well advised to follow.
Projecting myself into it, I think that if I had read Ries' book before, or even better Blank's book, I would maybe own my own company today, around AirXCell or another product, instead of being disgusted and honestly not considering it for the near future.
In addition to giving a pretty important set of principles when it comes to creating and running a startup, The Lean Startup also implies an extended set of Engineering practices, especially software engineering practices.
Three business basics to always remember! People don't care about your brand. They care about what you can do for them. Back to basics... Give people what they want, do it consistently and do it better than your competition.
This document discusses insights, including what they are, different types of insights, and why they are important for marketing. It notes that while insights are often talked about, real insights that provide an intuitive understanding of consumer behavior are rarely found. The document examines several definitions of insights and perspectives from marketing planners, emphasizing that insights must offer more than just an observation and provide an explanation for consumer behavior.
My contribution to this world of startups, to all people like me and my friends. "The Designer's Guide to Startup Weekend".
Soon also on Behance, Dribble and Visual.ly.
Enjoy it and, please, let me know if it was helpful for you :)
Clickbait: A Guide To Writing Un-Ignorable HeadlinesVenngage
We looked at some of the top performing content on social media, from some of the top publications on the web. From this, we were able to figure out the recipe for crafting a click-worthy title. Here is what we learned...
How to re-frame business problems to customer-centric opportunity spaces that drive value. Design thinking is your shortcut to customer empathy. A good understanding on how this method could help you identify real customer problems and unmet needs is essential. Moreover we will share techniques and tools that you can implement directly after this crash course. Start inventing the future.
P.J. Leimgruber presents tactics for launching a new product with limited resources. The presentation covers conducting market research through customer interviews to understand problems and build an advisory board. It also discusses analyzing competitors by researching their search rankings, backlinks, and traffic sources to learn from successful launches. The presentation emphasizes setting up analytics to track metrics and the effectiveness of marketing efforts.
This document provides a 10-step guide for developing business ideas that stand out and will be selected by managers. The steps include defining a customer segment and problem, conducting interviews to validate the problem, brainstorming multiple solutions, understanding competition, creating a prototype, gathering feedback on the prototype from customers, and estimating the potential market size. The overall guide encourages validating problems with customers, developing tangible prototypes, and using metrics to communicate the potential of an idea.
Innovation & Business Model & Business Model Canvas 2014Serdar Temiz
This document discusses business models and the business model canvas. It defines invention as a novel idea and innovation as the commercialization of that idea. The four main types of innovation are described as technology, process, product/service, and business model innovation. The business model canvas is introduced as a tool consisting of nine building blocks: customer segments, value proposition, channels, customer relationships, revenue streams, key resources, key activities, key partnerships, and cost structure. The document provides examples and questions to consider for each block to help outline a business model.
How to Build a Product Vision by Spotify Product ManagerProduct School
In this episode, Matt Williams talks about building a product vision and getting stakeholder buy in. He also covers 'managing up' and how to navigate within your organization, whilst fostering an understanding of vision and user empathy with engineers.
15 companies you should copy: business models visualised by @boardofinnoBoard of Innovation
Doorsteps is an online platform that guides home buyers through the house buying process. It provides step-by-step guidance in 6 phases, from initial hopes to closing. It connects buyers to real estate agents, lenders, and other service providers through a shared online workspace and profile. The platform aims to save buyers time, money, and stress through the home buying process.
25 Trend Trigger card to use in your brainstorm session - by @boardofinnoBoard of Innovation
The document discusses 5 trends that may impact society in the future: 1) the rise of the silver economy and issues around multi-generational housing and care, 2) increased automation in decision making and transportation and the loss of status symbols, 3) effects of global warming such as more complex insurance, resource depletion and waste issues, 4) the rise of crowdsourcing and issues around hierarchies, group purchasing and collective problem solving, and 5) the growth of big data and issues around predictive technologies, self tracking and highly personalized recommendations. Each trend is accompanied by potential associated problems.
This presentation is based on the top seller book "Business Model Generation" by Alex Osterwalder and Yves Pigneur. This book introduces the Business Model Canvas, the world's leading tool in creating and analyzing business models. This great tool allows you to sketch out your business model visually without starting with a scary business plan.
You can take my online course which covers more content, examples, quizzes, challenges and provides a certificate of completion.
Get course discounts and learn more:
www.playtactic.com
I hope you find this beneficial and good luck on your business model ;)
Lays out what a revenue model is and the various online revenue models that exist (with examples). Discusses how to go about choosing your startup's revenue streams and then the process of experimenting and measuring till you get one working.
Was used as part of EastLabs' 2014 Incubation program in Kiev, Ukraine.
27 Revenue Model Options B2B (curated by @arnevbalen - Board of Innovation)Board of Innovation
How to find new ways to make money in a B2B context? Explore 27 trigger cards with different business model options and pricing tactics (B2B version). (By Board of Innovation)
10 New Business Models for this Decade (beta)
1. Localized Low-Cost Business Model
2. One-Off Experience Business Model
3. Beyond Advertising Business Model
4. Markets Are Conversations Business Model
5. Low-Budget Innovation Business Model
6. Community-Funded Business Model
7. Sustainability-Focused Business Model
8. Twisted Freemium Business Model
9. Unlimited Niches Business Model
10. In-Crowd Customers Business Model
TREND RESEARCH BY Trend Firm trendwatching.com
MARKET ANALYSIS BY Strategy Boutique Thaesis
BUSINESS MODEL DESIGN BY Strategy Consultant/Graphic Facilitator Ouke Arts
This document provides a business plan for a Dosa restaurant. It outlines objectives to keep food costs below 35% of revenue and expand marketing. The plan details the restaurant's mission to provide excellent food and service. It will feature indoor and outdoor seating with a unique Indian design. The menu will focus on dosas and other South Indian cuisine. The plan analyzes the target market and identifies competitors. It proposes strategies for marketing, sales, management, hiring staff, and financial projections.
The document provides an executive summary for a proposed coffee shop called Coffee Spot Café to be opened in Connersville, Indiana. The café will offer a variety of coffee drinks, teas, baked goods and breakfast sandwiches. The goals are to become well-known locally and potentially expand to other locations or add catering. The SWOT analysis identifies strengths, weaknesses, opportunities and threats. Financial needs are estimated and the business will be run as a sole proprietorship. Market research identifies the target market and competition. A marketing strategy and break-even analysis are also included.
Liquid internet en een werkbaar model voor de toepassing ervan.
Deze inspiratiesessie is specifiek gericht op online marketeers, eCommererce medewerkers en andere geïnteresseerden in persuasion architecture en het gepersonaliseerde web 3.0.
The document summarizes 5 days of testing a peer-to-peer fashion rental platform concept. Over the 5 days, the team tested hypotheses about potential customer segments, pricing, partnerships, and acquisition of lenders. They built a basic website and tested it with customers. On day 4, they recruited potential lenders outside a gym and through Facebook/Google ads. 12 lenders signed up in under 12 hours with low cost per click. By day 5, the team had validated the concept and customer segments but needed to further develop the business model and online platform.
This document discusses sources of funds for businesses. It describes internal sources like retained earnings and depreciation, as well as external sources like share capital, loan capital, overdrafts, leasing, and trade credit. Long-term sources include share capital in the form of ordinary, preference, and deferred shares, as well as debt like debentures and mortgages. Short-term sources are those under one year, such as overdrafts, credit cards, and trade credit. The choice of funds depends on costs, use, business size and status, financial situation, and gearing level.
This document discusses architecture governance based on the TOGAF framework. It defines governance as ensuring things are done according to guidelines and objectives. Architecture governance specifically manages enterprise architectures at the organizational level, providing services to facilitate innovation while adhering to guidelines. The TOGAF framework covers governance areas like compliance management. It identifies governance roles in the ADM phases and defines a meta model. COBIT can also be integrated to assess architecture compliance with corporate policies and strategies. Without governance, risks increase that solutions may not meet requirements.
Enterprise Architecture Governance for an Enterprise Transformation Journey: ...Marcelo Sávio
This document discusses IBM's enterprise architecture governance approach during its transformation journey from the 20th to 21st century. It highlights three key points:
1. IBM underwent a major transformation to transition from a multinational to a globally integrated enterprise, standardizing processes across 172 countries.
2. Enterprise architecture and governance were important to this transformation by providing a framework to simplify, standardize, integrate, and increase flexibility across the company.
3. Lessons from IBM's experience include establishing governance owners for key business processes, taking an outside-in approach focused on customers and partners, and adding continuous transformation as a core leadership competency.
Collaborative Experience design workshop
Facilitated by
Kiran K S
User Experience Designer
Hewlett Packard, Singapore
and
Shaun Chen
User Experience Designer
Hewlett Packard, Singapore
I developed this workshop for a group of Crashers through the Cooperative Trust at the ACUC (America's Credit Union Conference) in San Diego in June of 2012. Our goal was to better understand and develop concepts to serve the unbanked and underbanked in our society. http://trust.coop/what-we-do/
Design Thinking: engage customers like never before.
Inconsistent customer interactions. Undifferentiated touch points. Indifferent customers. If these are business challenges you are facing, it’s time to take a closer look at the customer journey that your business is providing.
Join us in a hands-on, interactive session that will introduce you to a new way of thinking. Design Thinking is a user centric problem-solving mindset that combines empathy, rationality and creativity, and keeps the end-user of your product/service at the center of the design process.
These techniques are being used by the world’s most prolific innovators to deliver powerful interaction experiences across the entire customer journey.
What we covered within the workshop:
1) The basic foundations and benefits of Design Thinking as an innovation process.
2) How to start integrating Design Thinking ideas and techniques into your daily customer interactions.
3) How to use Design Thinking to draw customer journey maps and gain actionable insights.
This document discusses different business models and provides examples of each. It categorizes business models into 5 categories: 1) free for users, 2) paid by users, 3) paid by third parties, 4) broker/matchmaking models, and 5) mixed/subsidized models. Within each category, it highlights various monetization strategies and provides real-world examples to illustrate each strategy. The overall purpose is to help those looking to monetize their ventures by understanding different business model options and patterns that have worked for other companies.
The document discusses various business models for startups to consider when deciding how to monetize their product or service. It outlines different options for free versus paid models, and whether revenue comes from users, third parties, or a mix. Some examples highlighted include freemium models with paid upgrades, advertising, affiliate marketing, data reselling, crowdfunding, and mixed models that combine multiple revenue streams like a shop on the side.
- The document discusses various business models for monetizing products and services, including free models supported by advertising, paid user models, and models where a third party pays.
- Many examples are provided of companies using different business model patterns like "freemium", "razor and blades", broker/matchmaking models, and mixed/subsidized models.
- The key message is that there is no single best model and companies should experiment to find the right fit between creating, delivering, and capturing value.
This document discusses various business models and how to choose the right one for a startup idea. It outlines several options for business models including free for users with other revenue sources, paid users with various monetization tactics, and third parties paying the bills through approaches like advertising, affiliate marketing, or data reselling. It also discusses mixed or subsidized models. The document cautions against common mistakes in startup business models like ideas that require mass adoption to work or fighting trends rather than adapting to changes.
Nick from Belgium introduces business model innovation and how to help companies innovate like startups. He discusses how they help companies with innovation strategy and execution, such as designing and running internal accelerators. They also help with talent development through intrapreneurship training. The document then provides examples of different business models and revenue streams that can be explored, including free, paid, third party pays, broker/matchmaking, and mixed/subsidized models.
The document provides guidance on developing new business models and monetization strategies. It discusses various revenue models including free options supported by advertising, paid options where users are customers, and options where a third party pays the bills. It also covers broker/matchmaking models and mixed/subsidized models. The document encourages mapping out the key financial assumptions, such as potential buyers, usage frequency, market share, and pricing to estimate potential revenue. It emphasizes experimenting with different options and gaining initial commercial validation through a logical analysis before undertaking detailed financial research.
This document discusses various business model ideas and revenue models for making money with an app or online business. It begins by defining a business model as an organization's logic for creating, delivering, and capturing value. It then provides examples of different business model patterns involving transactions between products, money, data, services, and other elements. The document explores revenue models such as paid apps and freemium models, as well as models where a third party pays the bills through advertising, affiliate marketing, or partnerships. It encourages experimenting with different pricing strategies and mixed or subsidized business models.
How we pull big corporates out of their comfort zone - by @nickdemey @boardof...Board of Innovation
This document discusses pulling corporate employees out of their comfort zones to spur innovation. It provides examples of unconventional domains and industries - like gaming, fashion, toys, and sports - that can inspire new ideas. Unconventional thinking is needed to confront large corporations with new kinds of markets and products. Examples from criminals and hackers are also given to show how to brand anything, conduct market research without surveys, and ask for forgiveness rather than permission to drive intrapreneurship.
This document provides an overview of an upcoming media negotiation training session. It includes details about the start time, communication methods during the session, and how to ask follow up questions. The session will focus on establishing a more efficient approach to media negotiations by moving away from traditional practices like lengthy back-and-forth discussions and an overemphasis on relationships. The trainer advocates applying business logic and establishing clear value assessments using metrics to make the negotiation process more straightforward and mutually beneficial for buyers and sellers.
The document discusses 17 techniques that start-ups can use to generate revenue, as introduced in a slide deck presentation. It provides examples for each technique, including allowing users to look professional by paying for advanced features, enticing users to join exclusive groups or communities, using mystery and discovery to drive engagement, appealing to users' desire to maintain ownership and control over their accounts and data, leveraging users' competitive instincts to complete sets or reach milestones, and exploiting various human psychological tendencies like the fear of missing out or the need for speed and convenience. The goal is to understand why people are willing to pay before designing business models around monetization strategies.
This document provides an interactive tool to help users identify new business model options for their ideas. It presents a series of questions to help uncover potential revenue streams, pricing strategies, and value propositions. The questions cover options like freemium models, data reselling, subscriptions, advertising, and upselling additional products/services. It encourages thinking beyond direct user payments and exploring how the idea could generate revenue in new ways. The tool aims to help "hack" or challenge existing business model assumptions and identify new opportunities to make the idea financially sustainable.
The document provides guidance on how to price products and services. It argues that the common question of "how do I price this?" is the wrong question to ask. Through a series of exercises analyzing different pricing scenarios, it shows that pricing is not about costs and profits, but about delivering innovation, perfection, and uniqueness. The conclusion is that freedom from pricing concerns comes from innovation and creating intellectual property, not from competition or sales volumes. Entrepreneurs should focus on how to make their offering unique rather than on costs when determining price.
The 15 Online Businesses that you can start today for big profits.mgbmet
The document describes 15 online businesses that can be started today for profits. These include selling information products, affiliate marketing, selling advertising space on a website with quality traffic, online trading, high yield investment programs, online auctions, dropshipping, multi-level marketing, and starting a consultancy business. While some of these businesses have high competition, they can still be profitable if done correctly by focusing on high commission products, quality traffic, and reasonable investment returns. Discretion is advised, as some opportunities like investment programs involve risk.
PHILIPS DigiSummit - A startup approach to hacking marketsMeasureWorks
Modern markets are noisy. In our rush to launch new or improved products we tend to forget that customers don’t buy what they don’t understand.
From working with hundreds of startups there are 5 lessons learned to build the right product features within the target market. In this session we’ll discuss marketing positioning, founders blindess, the importance of analytics and experimentation and how to use all of this to grow your product faster.
Bootstrapping Is Good; Having A Revenue Model Is Bettercoffeeexpert
The document discusses the importance of having a revenue model for a startup rather than relying solely on bootstrapping. It provides examples of wrong and bad revenue model answers when asked by investors. The document then lists over 20 potential revenue ideas and 43 ways to get customers, including selling products or services individually or in bundles, subscriptions, advertising, licensing, and more. It emphasizes testing revenue models and upgrading until something works rather than remaining a "not quite for profit" organization.
This document provides an overview of key economic and business concepts related to the video game industry, including:
- It defines common economic terms like costs, revenue, and profit.
- It explains concepts like man-hours, goods and services, markets, and value.
- It discusses different types of capital (financial and personal), discretionary income, and how businesses re-invest profits.
- It covers risks associated with different investments and industries like video games, as well as the golden rule of risk.
- Finally, it examines relationships between laborers/owners, challenges video game developers face, and Sturgeon's Law which states that 90% of creative works are not very good.
The document discusses business model assumptions and provides examples to illustrate how to identify and test assumptions. It begins with an example of the business model behind Quirky.com, which is a co-creation platform and e-shop. It then discusses how to identify the key assumptions within business model transactions and provides tips for testing assumptions, such as using minimum viable products to gather customer feedback in a cost-effective manner. The document emphasizes testing assumptions to reduce risk and learn quickly about customer needs and the viability of the business model.
This document proposes combining retro gaming, incentive marketing, and affiliate marketing into a profitable business model. It involves website owners providing free retro games through game key stores in exchange for users completing simple tasks like app downloads or sweepstakes entries. Advertisers would pay the operators for each task completed, with profits made from the difference between advertiser payouts and low costs of acquiring game keys. The model aims to provide gamers with free classic games, pay website owners more than typical ad networks, and generate profits of 40% per user transaction for the operators.
Venture Capitalists look at a bunch of different things before making an investment, and there are definitely red flags investors are hoping not to see. What are those? How to avoid them? Learn ways to have some form of control in the relationship with a potential investor.
For further information, visit our website at ma2017.mymagic.my.
Facebook - Facebook.com/magic.cyberjaya
Twitter - Twitter.com/MagicCyberjaya
Instagram - Instagram.com/magic_cyberjaya/
LinkedIn - my.linkedin.com/in/magiccyberjaya
YouTube - https://www.youtube.com/channel/UCIT_ihmWh5f3MCobvEwWMaA
The document discusses the innovation matrix, which is a tool to help companies choose the best innovation strategy that fits their needs. It outlines two key parameters to consider: commitment (whether a one-off event or long-term plan is needed) and capabilities (whether to focus on internal or external capabilities). The matrix then shows where different types of innovation initiatives, such as innovation workshops, accelerators, and startup funds, fall based on these parameters. The rest of the document provides more details on various initiatives that companies can pursue.
10 Questions to prove that you can run a Design Sprint todayBoard of Innovation
More info on Design Sprints: https://www.boardofinnovation.com/design-sprint/
Board of Innovation makes corporates innovate like startups, mixing proven methods from Design Thinking and Lean Startup. www.boardonnovation.com
9 Indicators That Prove That Your Innovation Programme Will FailBoard of Innovation
On the basis of our experience with corporate clients, we collected 9 indicators that signal that something is going wrong + 13 clear actions to take!
https://www.boardofinnovation.com/blog/2017/05/29/9-indicators-that-prove-your-innovation-program-is-failing/
33 Tips to Level Up your Presentation Skills ➔ Have a look at these main takeaways to perform the perfect (innovation) pitch!
Prepare for a presentation upfront by looking into these key tips and level up your skills for a successful pitch.
Don't forget that these skills are just as important as the content you are presenting. Whether or not you'll achieve the desired outcome, can be affected by the way the handle the presentation.
We'll go three different topics to pitch like a king:
✔︎Storytelling & Framing
✔︎Body language & Attitude
✔︎Slides & practical tips.
We use these elements in our own innovation accelerator program: https://www.boardofinnovation.com/corporate-innovation-accelerator/
The document discusses an organization called Board of Innovation that helps large corporations innovate like startups. It does this by mixing methods from design thinking and lean startup. It has a global network and culture of sharing tools and inspiration. It has worked with many large Fortune 500 companies across various industries to help them develop new business models and revenue streams through programs like corporate accelerators and training on topics like design thinking, lean startup, and business model innovation. Clients provide testimonials praising how Board of Innovation has helped challenge traditional thinking and bring new perspectives to developing innovative ideas and projects.
Full Program & Tools to Accelerate an Internal Innovation Project - by Board ...Board of Innovation
By Board of Innovation (www.boardofinnovation.com) -
Full program & tools available. A step by step approach to accelerate an internal innovation project in your company.
By Board of Innovation (www.boardofinnovation.com)
Full program & tools available. A step by step approach to create an innovation platform in your company.
When Tech meets Fashion, what could possibly go wrong? @nickdemeyBoard of Innovation
This document discusses common pitfalls when combining technology and fashion. It notes that simply throwing technology into fashion does not make sense and provides examples of fashiontech startups that failed because they did not understand user behavior. The document emphasizes the difficulty of introducing new behaviors versus altering existing ones and stresses the importance of observing real users when developing fashiontech products and business concepts.
Experiments to create your own Innovation War Room - created by @boardofinno ...Board of Innovation
Based on our experience, we've created a list of things that might inspire your innovation room. Some of these items are already in our office, others will follow soon. Make sure to let us know if you have other great suggestions.
How startups create a frictionless experience. +30 cases by @boardofinnoBoard of Innovation
This document discusses how startups can create frictionless experiences for customers through convenience. It provides examples of companies that deliver extreme convenience through next-gen technology and business models using invisible, brainless triggers that require minimal effort. These companies outsource tasks so customers don't have to do any heavy lifting. The document argues that companies can nail convenience by making it easier for users to let someone else handle the task.
How I got 2.5 Million views on Slideshare (by @nickdemey - Board of Innovation)Board of Innovation
This document provides tips for creating engaging slide decks on SlideShare that garner many views. It recommends focusing on quality over quantity when creating each slide, using compelling images and headlines, and including calls to action throughout. It also suggests experimenting with sharing techniques and doing so in waves to build momentum. The goal is to create decks that are optimized for sharing and spread across multiple channels over time.
15 Lessons from Behavioural Economics - by @tjalve @boardofinno - Board of In...Board of Innovation
Within our team @boardofinno, we give short presentations to each other, to learn more, to get inspired, to be amazed,…
The following deck was used by @tjalve in our internal #teachme session.
It covers 15 lessons from Behavioural Economics you can apply to your ongoing projects.
The concepts covered are:
1. The Endowment Effect
2. Hyperbolic Discounting
3. The IKEA effect
4. Anchoring Bias
5. The Von Restorff Effect
6. Loss Aversion
7. Hedonic Adaption
8. The Bandwagon Effect
9. The Inaction inertia effect
10. The Zeigarnik Effect
11. The Framing Effect
12. The Goal Gradient Effect
13. The Choice Paradox
14. Round Pricing Preference
15. Reciprocity
How sleep & productivity are linked: "Wake up early is the new Work all night...Board of Innovation
The document discusses how sleep and productivity are linked. It notes that many successful entrepreneurs wake up early, between 5-6am, and start their day with a workout. They then report being more productive. The document also introduces Project Addapp, a startup that aims to link personal data trackers to help people better understand factors that affect their sleep and productivity. It encourages the reader to measure aspects of their life to optimize productivity, happiness, and understand how different areas are interrelated.
Why it's fair that Apple takes 30% of your money (30+ platforms benchmarked) ...Board of Innovation
The average fees of 30+ digital platforms benchmarked.
average fee paypal, airbnb, apple, itunes, gettyimages, etsy, amazon, groupon, gilt and many others.
Why 3M misses the mark: analysed with the Innovation Battlefield Framework (D...Board of Innovation
The document discusses an "Innovation Battlefield" framework for analyzing the value perception of product features from the perspective of customers. It uses the example of 3M Post-it notes to illustrate how features can be ranked on the framework based on how much pleasure they bring customers and whether the features would be missed if removed. The framework identifies six zones that features can fall into, including "unexpected awesomeness," "harder, better, faster," "expected essentials," "I don't care," and "it hurts, take it away." The reusable glue of Post-its is given as an example of creating "unexpected awesomeness" when first introduced.
The 8 values that define our culture at Board of Innovation - @boardofinnoBoard of Innovation
The document outlines the values and culture of an organization called Board of Innovation. It describes 8 values that make up their DNA: 1) We help each other to be amazing, 2) Share and be open-minded, 3) Always be creative, 4) Focus on self-development, 5) We are next gen, 6) Everyone is an entrepreneur, 7) Be responsible and enjoy freedom, and 8) Have fun. The organization aims to help large corporations innovate like startups and foster a culture of passion, purpose, creativity and continuous learning among its team.
The internal presentation discusses the emerging Maker Movement and its potential as a new industrial revolution. It notes that digital tools now allow anyone with an idea and laptop to design and prototype world-changing companies. The movement involves people collaborating online to share and modify designs that can then be manufactured in any quantity. This democratization of creation may enable a long tail of niche markets beyond traditional mass production models.
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Progress Report - Qualcomm AI Workshop - AI available - everywhereAI summit 1...Holger Mueller
Qualcomm invited analysts and media for an AI workshop, held at Qualcomm HQ in San Diego, June 26th. My key takeaways across the different offerings is that Qualcomm us using AI across its whole portfolio. Remarkable to other analyst summits was 50% of time being dedicated to demos / hands on exeriences.
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8. But it is not always that easy…
This summer I was keynote speaker/mentor
at the European Innovation Academy.
In this deck are some of the tips & tricks I shared,
relevant for those who are looking for monetisation options
by focusing on different business model types.
@nickdemey
43. Looks & Reputuation in games.
To fit in For exclusivity To show commitment ...
Gamers pay:
44. Important learning: You need other people to show off!
You need enough ‘noobs’ or starters on
your platform, to make other people feel
important #1337
45. Pay to get noticed. (to rise above the crowd…)
Would you pay to get seen by your friends on Facebook?
Facebook 2012
51. What to pick?
Paid!
the user = client.
2.
- Vanity - reputation -
- Loss-aversion -
- Privacy/ Anonymity -
52. Privacy features are very powerfull!
Hide your profile.
Incognito mode.
Pay to stay private
(dating business models)
53. What to pick?
Paid!
the user = client.
2.
- Vanity - reputation -
- Loss-aversion -
- Privacy/ Anonymity -
- Mystery/ Surprises -
54. Mystery crates (& surprise upgrades)
similar to Lottery system = very lucrative!
55. Real life mystery crate (on subscription)
Trust & credibility created by 1 person (not a company)
Example: curated.nl
56. Blind dates, anyone?
Crazy Blind Date by OKcupid. (up to $3/date)
Rate your dating partner (during the date).
The higher your rate your partner, the more you pay
to OKcupid.
57. What to pick?
Paid!
the user = client.
2.
- Vanity - reputation -
- Loss-aversion -
- Privacy/ Anonymity -
- Mystery/ Surprises -
- Convenience/ Shortcuts -
58. Use Sold. The convenient way to sell goods online.
Hassle free online reselling of goods.
You take a pic of the product you want to sell.
UseSold sends an empty box & puts money on your account.
59. The power of Zynga-like games.
Grind - Spam - Pay
Just click 5000 times to
grow a plant.
Invite 50 friends
to go faster.
F*ck it. I’ll just buy
extra coins to get this plant
60. Our own experience :)
Colleague of us (accidentally) spams all our clients with
dating/chat invites. #awesome.
61. What to pick?
Paid!
the user = client.
2.
- Vanity - reputation -
- Loss-aversion -
- Privacy/ Anonymity -
- Mystery/ Surprises -
- Convenience/ Shortcuts -
- Helping peers/ gifts -
62. This one is on me…
Yes, Awesome.
I’m a PLUS member.
You can help your
contacts by giving them
free access to in-depth
articles.
63. Virtual gifts.
Line messaging app is one to keep an eye on!
Selling virtual items, gifts,
stickers, is one of the most
lucrative things to do.
65. Learn from gaming.
Question:
Do you allow people to spend (all their) money?
Don’t let people pay just once for your product.
Think: add-ons, subscriptions,…
Learn more from “Whales” in the gaming industry.
79. What to pick?
Third party
pays the bills.
3.
- Advertising -
- Affiliate/ Referral -
- Data Reseller -
- Joint-Venture/partnership -
80. What to pick?
Third party
pays the bills.
3.
- Advertising -
- Affiliate/ Referral -
- Data Reseller -
- Joint-Venture/partnership -
- White-label/Franchise -
81. What to pick?
Third party
pays the bills.
3.
- Advertising -
- Affiliate/ Referral -
- Data Reseller -
- Joint-Venture/partnership -
- White-label/Franchise -
- Get-one-give-one -
112. www.glowing.com
Paying Users
IncIncHQHQ
Glow
IncIncHQHQ
Glow First Fund
Preganant*
Enganging User
Not Pregnant*
"Normal" User
Not Pregnant*
5
€50/Month
Insurance &
Extra Guidance
conceiving
Data
Non-Paying user
Data
Predictions & Tasks
to increase pregnancy
++ % of Money Pool
% of Money Pool
support
113. www.glowing.com
inFertility Treatment Partner
Paying Users
IncIncHQHQ
Glow
IncIncHQHQ
Glow First Fund
Preganant*
Enganging User
Not Pregnant*
"Normal" User
Not Pregnant*
5
€50/Month
Insurance &
Extra Guidance
conceiving
IncIncIncInc
Company
Data
IncIncIncInc
Company
Non-Paying user
Data
Predictions & Tasks
to increase pregnancy
++ % of Money Pool
% of Money Pool
5
Less Money
5
Money
Data Exposure
support
114. www.glowing.com
inFertility Treatment Partner
Paying Users
IncIncHQHQ
Glow
IncIncHQHQ
Glow First Fund
Preganant*
Enganging User
Not Pregnant*
"Normal" User
Not Pregnant*
5
€50/Month
Insurance &
Extra Guidance
conceiving
IncIncIncInc
Company
Data
IncIncIncInc
Company
Non-Paying user
Data
Predictions & Tasks
to increase pregnancy
++ % of Money Pool
% of Money Pool
5
Less Money
R&D
IncIncIncInc
Labo
5
Money
Data
Universities
5
Money
User Data
Exposure
support
115. li
Not just
- 1 campaign
- 1 product
- 1 company
Crowdfund the potential
of another person!
Key lessons & take-aways.
Learn to detect & understand the patterns.
Look in different industries!
Copy & Remix multiple models.
117. li
Not just
- 1 campaign
- 1 product
- 1 company
Crowdfund the potential
of another person!
Need extra support?
Feel free to reach out:
@nickdemey
www.boardofinnovation.com
Co-founder/
Business Designer.