What Is A Social Commerce Business Model? Social Commerce Business Model In A Nutshell


Social commerce business models are designed to take advantage of social commerce, a relatively new phenomenon where eCommerce transactions take place on social media. Examples of this comrpise companies like SHEIN, Wish, WeChat. Understanding social commerce  Before we delve into social commerce business models, it is worth spending a bit of time explaining social commerce. … Continue reading What Is A Social Commerce Business Model? Social Commerce Business Model In A Nutshell

How to sell on Etsy


Etsy is one of the most popular online marketplaces in the world and has turned many a side-hustle into a full-time income. There are an estimated 5.2 million active sellers on the platform, with 69% of those considering their online store to be a business. Etsy is perhaps most associated with handmade crafts such as … Continue reading How to sell on Etsy

How to sell on eBay


eBay is an American multinational eCommerce platform founded in 1995 by Pierre Omidyar.  The company is best known for its online auction marketplace where individuals and businesses can buy and sell a diverse range of products and services around the world.  Account registration Sellers must first register for an eBay account if they do not … Continue reading How to sell on eBay

What is the Unified Payments Interface? Unified Payments Interface In A Nutshell


The Unified Payments Interface is a mobile-based, real-time payment system. The Unified Payments Interface (UPI) was created by the National Payments Corporation of India to process peer-to-peer (P2P) and person-to-merchant (P2M) transactions. The interface was launched in April 2016 in conjunction with 21 member banks. In essence, the UPI is a payment system that enables consumers … Continue reading What is the Unified Payments Interface? Unified Payments Interface In A Nutshell

List of angel investors


Angel investors are high net-worth individuals that invest in the early stages of a startup company in exchange for equity. They may also be referred to as seed investors, angel funders, private investors, or business angels.  Angel investors invest in ideas and entrepreneurs, with profits a more secondary concern. In addition to providing vital early … Continue reading List of angel investors

What Is Data Monetization? Data Monetization In A Nutshell


Data monetization describes the process of a business using data to obtain an economic benefit. In essence, data monetization is the process of utilizing data to increase revenue. According to management firm McKinsey & Company, an increasing share of the most successful companies in the world incorporate data and analytics to fuel their growth. Understanding … Continue reading What Is Data Monetization? Data Monetization In A Nutshell

What Are An Angel Investor And A Venture Capitalist? Angel Investors vs. Venture Capitalists


An angel investor is a wealthy individual who uses their own money to invest in small businesses. A venture capitalist, on the other hand, is an individual or firm that makes a similar investment using money pooled from other companies, corporations, and pension funds. Venture capitalists do not invest their own money. In many cases, … Continue reading What Are An Angel Investor And A Venture Capitalist? Angel Investors vs. Venture Capitalists

What Is The Startup Lifecycle? Startup Lifecycle In A Nutshell


The startup lifecycle describes the various stages a startup will move through as it grows and develops. Usually, a startup’s life cycles goes through five main phases: solving a problem, development, market-entry, scaling, and maturity. For each of these stages, the startup will have to focus its efforts on various elements, like product development initiatives, then … Continue reading What Is The Startup Lifecycle? Startup Lifecycle In A Nutshell

What Is Wireframing? Wireframing In A Nutshell


Wireframing involves the creation of a blueprint or schematic that helps designers and programmers think about the structure of an app or website. Wireframing, therefore, is the process of creating a two-dimensional outline of an app or website. Understanding wireframing These outlines are called wireframes and provide an overview of user flow, information architecture, functionality, … Continue reading What Is Wireframing? Wireframing In A Nutshell

Do Blockchain Business Models Imply A New Business Playbook?


A Blockchain Business Model is made of four main components: Value Model (Core Philosophy, Core Value and Value Propositions for the key stakeholders), Blockchain Model (Protocol Rules, Network Shape and Applications Layer/Ecosystem), Distribution Model (the key channels amplifying the protocol and its communities), and the Economic Model (the dynamics through which protocol players make money). … Continue reading Do Blockchain Business Models Imply A New Business Playbook?

Business Experimentation: How To Test Digital Business Ideas


Business experiments help entrepreneurs test their hypotheses. Rather than define the problem by making too many hypotheses, a digital entrepreneur can formulate a few assumptions, design experiments, and check them against the actions of potential customers. Once measured, the impact, the entrepreneur, will be closer to defining the problem. Define the problem by suspending the … Continue reading Business Experimentation: How To Test Digital Business Ideas

Ethereum Blockchain In A Nutshell


Ethereum was launched in 2015 with its cryptocurrency, Ether, as an open-source, blockchain-based, decentralized platform software. Smart contracts are enabled, and Distributed Applications (dApps) get built without downtime or third-party disturbance. It also helps developers build and publish applications as it is also a programming language running on a blockchain. Why does Ethereum matter? Ethereum … Continue reading Ethereum Blockchain In A Nutshell

Innovation In Business: What Is Business Model Innovation


Business model innovation is about increasing the success of an organization with existing products and technologies. By crafting a compelling value proposition able to propel a new business model to scale up customers and create a lasting competitive advantage. And it all starts by mastering the key customers. Course: The FourWeekMBA Business Model Innovation Flagship … Continue reading Innovation In Business: What Is Business Model Innovation