A business model creates and delivers our value to our clients. We characterize our products and services to compensate for a revenue model for our clients. Just the way every business has its own structure, we analyse revenue models and discuss your monetization approaches at length to help you determine the best-suited solution. Under the Business Model, we provide:
Distribution ApproachDistribution approach is used to provide services or create products for customers. It is an important business model characteristic is the distribution approach used by a company. Distribution approaches are further divided into three main approaches known as on-premise, cloud, and hybrid.
Source code licensingThe company creates a source code that gets licensed. This software may be an open-source code or the software proprietary code.
Revenue streamsWhen a company is paid for its products and services, it is defined by a software revenue stream. Several revenue streams can be used in a business model. Case in point, the revenue streams of a software product can include ad revenue, sales, subscriptions, and their combinations.
Business model interactionWhile forming a business model, software companies predictably choose between two types of business model interactions. It can be either a form of one-to-many or many-to-many. One-to-many is a traditional value delivery, where a provider directly solves customer problems like Trello, Microsoft Office, Photoshop, etc. many-to-many shows that a company creates a platform where both end-providers and customers meet such as Airbnb, Uber, or Upwork.
B2C or B2B marketWhen a company sells its products or services, they must choose their target audience which would then lead to the company taking the business-to-business (B2B) or the business-to-consumer (B2C) approach. While the B2B approach B2B means that company sells services to other businesses, B2C means that they sell a product or service directly to a consumer.