1.7 Crossword: Types of Business Models
Across
- 3. A business model where the company earns a fee for handling certain business activities for other companies, like advertising and digital marketing, and various other services.
- 4. A business model with traditional physical street-side locations, like a local bank or hardware store.
- 5. How a company sells its products to customers and it’s plan for making a profit.
- 6. A business model where companies sell or license the data they collect as a form of revenue.
- 7. A business model that uses an electronic medium (i.e. a web site/store) to facilitate the buying and selling of products and services by businesses and consumers.
- 10. A business model provides low price points for the cost-sensitive consumer, also often called Low Cost Providers.
- 13. A business model where the auction house takes a commission for facilitating the buying and selling of goods or services by taking bids and then selling the item to the highest bidder.
- 15. A business model where the retailer buys products from a distributor or wholesaler and sells directly to the consuming public, in either a bricks-and-mortar store or online store.
- 16. A business model that sells Software as a Service.
- 17. This business model collects small amounts of capital from a large number of individuals to finance a new business venture or various other needs or projects.
- 19. A business model whereby you sell your product directly to your customers, the end user, without third-party retailers, wholesalers, or other middlemen.
- 20. A business model where the distributor buys products from manufacturers and resells them either to wholesalers, retailers or the public.
- 21. A business model where the wholesaler buys large quantities of products from manufacturers or distributors, warehouses or stores them, and then resells them to retailers.
- 24. The practice of obtaining needed services, ideas, or content by soliciting contributions from a large group of people, especially from the online community.
- 25. A business model where the merchant sells products from its web store but doesn’t keep an inventory or handle the fulfillment and shipping of the product; rather, it purchases the product from a third party as soon as the customer makes a purchase, and requires the third party to ship to the customer directly.
- 27. A business model where individuals make commissions selling goods and services directly, and also make commissions from sales made by their network of recruited distributors.
Down
- 1. A business model that allows a person or small business, called the “Franchisee”, to start a business by legally using a (usually well established) company’s (Franchisor’s) brand, expertise, practices, and established business and operational systems and processes.
- 2. A business model that companies use to provide a way for their customers to buy products at their bricks-and-mortar stores and also online.
- 3. A business model used by companies who provide their services for free, and sell advertising space to fund their businesses.
- 8. A popular e-commerce relationship where an online merchant agrees to pay an affiliate (promoter) in exchange for providing an advertisement and link to the merchant's site. Examples include Pay-Per-Click (PPC), Pay-Per-Lead (PPL), and Pay-Per-Sale (PPS).
- 9. A business model that collects a fee or commission per transaction for enabling suppliers to compete against each other for customers on one platform.
- 11. An unchangeable, decentralized, digital ledger. It is a digital database that no one owns but anyone can contribute to. Blockchain based models aren't owned or monitored by a single entity. Instead, they work on peer-to-peer interactions and record everything on a digital decentralized ledger.
- 12. This service is a decentralized platform whereby two individuals interact directly with each other, without intermediation by a third-party.
- 14. They make finished products from raw materials.
- 18. A business model where the company sells products directly to the consumer in a non-retail environment.
- 22. A business model that charges a regularly scheduled fee, usually monthly or annually, for their products or services.
- 23. A business model that collects (aggregates) information on goods and/or services from competing sources, and collects a fee or commission per transaction for selling the aggregated products through its own platform.
- 26. A business model where a company offers some basic services for free, and then charges money for certain additional features.