2. WHAT IS DIFFERENT BETWEEN NEW BUSINESS
MODELS AND TRADITIONAL BUSINESS
MODELS?
Speed
Product creation
Time to market
New business heavy reliance on information and alliances
Traditional business model (T-BM) use to be based on “product profit
margin”
Several New business models (N-BM) create new ways to generate
revenues different to the end-user
Reach
2.000 MM people conected around the world (25%)
More than 524 MM web sites
Right to desks at offices, homes, Internet Cafés, Universities, colleges,
airports, parks, public Buildings, museums, vehicles, TVs, and mobile devices.
Richness
Video, Multimedia, Interactivity, updating,
Able to be recorded
Interface user friendly and free
6. THREE CRITICAL ASPECTS OF THE BUSINESS
MODEL
1. Participants
1. Firms of interest
2. Customers and suppliers
3. allies
2. Relationships
1. Primary relationships: where the participant
knows more about the customer than any
other participant
3. Flows
1. Money
2. Product or service, digital or physical
3. Information