Coach Foundation
@_CoachLLC
We help coaches establish their businesses online. My system is simple: close more clients at higher fees just by using technology.
24-01-2024 04:42:24
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𧡠How to Create a Strong Business Model: A Thread π
A solid business model is crucial for any company's success. In this thread, we'll explore the key components and steps to help you craft a winning model for your business. πͺ
#BusinessModel #Entrepreneurship
The Aggregator Model π€
Bring service providers and customers together on one platform for a highly scalable business. Companies like Airbnb and Uber have mastered this model.
#AggregatorModel #Scalability
The Freemium Model ππ°
Offer a basic version of your product for free, then charge for premium features. Acquire customers cheaply and upsell them to boost revenue.
#FreemiumModel #CustomerAcquisition
The Subscription Model ππΈ
Charge customers a recurring fee for access to your product or service. Enjoy predictable, recurring revenue for easier forecasting and planning.
#SubscriptionModel #RecurringRevenue
The Pay-Per-Use Model πΈ
Customers pay only for what they use. Attract customers by letting them pay for just what they need, and boost margins with high-usage clients.
#PayPerUseModel #CustomerSatisfaction
Identify Key Partners & Resources π€π
Build strong relationships with essential partners like suppliers and distributors. Determine critical financial, human, and technological resources to fuel growth.
#KeyPartners #BusinessResources