Disintermediation (and Used Cars)
Disintermediation is when someone cuts out the middleman.Keep Reading
Disintermediation is when someone cuts out the middleman.Keep Reading
Competitive advantage is what makes a company more successful than its competitors, and keeps them from challenging its dominance.Keep Reading
Freemium is a business model where an app or web service has a both a free version and a ‘premium’ (paid) version with better features. Keep Reading
Scale is size, or the ability to grow to a huge size.Keep Reading
Segmentation is about dividing your market into subgroups of people who want different things, then figuring out how to win their business.Keep Reading
Differentiation is how you make your product stand out from the crowd.Keep Reading
A supply chain is where a product comes from: including all the factories, farms, warehouses, ships, trucks and planes that create and deliver it.Keep Reading
Vertical integration is when one company controls everything needed to produce and deliver its product to consumers.Keep Reading
Core competence is what your business is really great at.Keep Reading
Pivoting is making whatever changes you must, however dramatic, to reinvent your business if it stops working.Keep Reading
Optionality is a business term for ‘keeping your options open,’ or finessing a situation so you don’t unnecessarily close off options.Keep Reading
Copyright 2023 TinyMBA LLC