Digital Business Model Presentation - Digital Transformation

Digital Business Model Presentation - Digital Transformation

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  Digital Business Models Exploring Various Digital BusinessModels and Their Impact
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  Introduction A business modelis a model that uses digital technologies to create, capture, and deliver value to customers.
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  Adapt Quickly Cost Efficiency NewRevenue Streams Real-Time Data and Analytics The Importance of Digital Business Models Digital Business Model is important because it allows companies to:
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  Traditional Business Models Traditional businessmodels rely on physical locations, face-to-face services. These businesses typically have a limited geographical reach, higher operational costs due to rent and utilities, and slower adaptation to market changes. Examples: Local grocery stores, manufacturing companies, and brick-and-mortar retailers. Digital business models, on the other hand, operate primarily online, offering digital products or services. They can reach global markets easily, have lower overhead costs, and rely heavily on data to make quick, informed decisions. Examples: Amazon, Netflix, and digital marketing agencies. Digital Business Models Traditional vs Digital Business Models
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  Selling products orservices online. Example: Amazon, Flipkart, Myntra, eBay, Shopify. 1. E-commerce Model TYPES OF BM Charging customers a recurring fee for access to products or services. Example: Netflix, Adobe. 5. Subscription Model Providing free content or services while generating revenue from ads. Example: Google, Facebook, Instagram, YouTube. 4. Advertising- Based Model Immediate delivery of goods or services upon customer request. Example: Uber, eBay, Blinkit, Udemy, Indeed, Glassdoor. 3. On-Demand Model Offering basic services for free, charging for premium features. Example: Spotify, LinkedIn, Zoom, YouTube, Microsoft Teams. 2. Freemium Model
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  Examples of Companies Using DigitalBusiness Models
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  Disruption of TraditionalIndustries Increased Competition Enhanced Customer Experience Global Market Access Impact of Digital Business Models Data-Driven Decision Making The impact of digital business models is profound, reshaping how companies operate, interact with customers, and compete in the marketplace. These models drive innovation, efficiency, and adaptability, making them essential for success in today's digital economy. Below are the some of the points of impact of digital business model:
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  Data Privacy Concerns RapidTechnological Changes Skill Gaps and Talent Shortages Consumer Behavior Changes Challenges in Digital Business Model Despite the great benefits, digital business model also has challenges: Financial Investment and ROI
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  Adopt the latestTechnologies Customer-Centric Approach Agility and Flexibility Strategies for Success in Digital Business Model Some strategies for success in digital business model include: Invest in Data Security and Privacy
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  The Future of DigitalBusiness Model The future of digital business models will focus on AI, blockchain, and personalized services. Subscription and gig economy models will expand. New tech like 5G, AR/VR, and the metaverse will change how businesses work. Companies must adapt to stay competitive, innovative, and meet customer needs.
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  Conclusion Digital business modelsare transforming industries by embracing technology, personalization, and innovation. Companies that adapt to changes like AI, blockchain, and new consumer trends will thrive, offering flexible services and staying competitive in a rapidly evolving digital world.
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  “Let's pursue digital businessfor a better future together”
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  Thank You