Strategy
Business Model
Also known as: Delivery model
Plain English
How a business makes money.
Definition
A business glossaryModelA model is a system or representation used to process data and generate outputs, often trained to perform specific tasks.Open glossary term describes how an organisation creates, delivers, and captures value.
In practice
Defines how products or glossaryServiceA service is a component or function that performs a specific task within a system.Open glossary term generate revenue and sustain the business.
The reality
A strong product doesn’t guarantee success if the business glossaryModelA model is a system or representation used to process data and generate outputs, often trained to perform specific tasks.Open glossary term doesn’t work.
Also known as
Delivery model
FAQ
Common questions
A few practical answers to the questions that usually come up around this term.
What is a business model?
A business glossaryModelA model is a system or representation used to process data and generate outputs, often trained to perform specific tasks.Open glossary term describes how a company creates and captures value.
Why is a business model important?
It determines how a business generates revenue and operates sustainably.
What are examples of business models?
Subscription, marketplace, freemium, and direct sales.
Can a business have multiple models?
Yes, many businesses use hybrid glossaryModelA model is a system or representation used to process data and generate outputs, often trained to perform specific tasks.Open glossary term.
Related Services
Related Guides
Related Terms