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Business models: the full stack
A new report from ACCA, Business models of the future: emerging value creation offers insights and analysis into how businesses and policy-makers can support and engage with a range of models that are transforming industries and ways of working in the 21st century.
Entitled ‘The Full Stack’, the six model framework includes:
• Platform-based businesses – digital marketplaces that match buyers and sellers, such as AirBnB.
• Mass customisation 2.0 – ‘on-demand’, local manufacturing services that enable customers to engage with companies to self-build highly tailored products, such as OpenDesk.
• Frugal – re-imagined R&D processes that open up new market segments for low-cost, high-quality products and services such as Renault’s Indian-designed Kwid.
• Modern barter – platforms that enable the exchange of goods and services with fellow users, often through digital or online currencies, such as online time-banking community TimeRepublik.
• ‘Pay what you want’ – where customers can pay what they think is right, offered as part of a tiered or ‘freemium’ deals such as video game download service Humble Bundle.
• Mega-hyperlocal – companies that flourish because of their deep connection with the community in which they operate such as London’s Kernel Brewery.
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