How digitization is fundamentally changing business models of industries
Digitalisation is not only having a massive impact on the B2C world, but is also a sign of radical change in B2B sales. B2B companies must adapt to this new environment and place the customer at the centre of sales activities - because B2B business models will in future be determined by the end customer. B2C sets the standard for B2B New technologies, increasing competition from the B2...
Advantages of a business model innovation in competition
Companies invest large sums in research and development in order to be able to compete with innovative technologies and products. However, this is often no longer sufficient to differentiate oneself and to be among the best on the market. Business model innovations can play a key role here in making technological innovations sustainably profitable. Business model innovation versus inve...
Business model innovation: obstacles and success factors
Successful companies have always changed fundamentally in order to remain successful - rigid companies have failed. In this blog post you will learn which barriers prevent business model innovation and which factors lead to success. Mental barriers prevent business model innovation Innovative products alone are no longer a guarantee for the survival of a company. The decline of formerl...
What is Business Model Canvas and how does it work?
With the Canvas business model you can visualize and test your business model, which is an indispensable step when developing a business model innovation. Read in this blog post what the business model Canvas is, how it works and what advantages it offers you. What is Business Model Canvas? Roughly translated, the technical term "business model canvas" means that you can clearly presen...
