9 mins If you look at the Apple’s revenue break-up, you will come across a comparatively small segment called “other services”. This small segment of other services, including itunes, App store, Apple pay, etc., generated $8.5 billion for Apple in 2017 and over $110 billion since 2008. What appeared to be yet another mp3 player in the market had a solid business model behind it in the form of itunes. It completely transformed the music industry. An innovative business model has the potential to radically disrupt a market and give your business the competitive edge. Especially, the emerging technologies require new business models to fully realise its value. Just like the advent of cloud technology that is substituting the model of selling software through perpetual licensing with the SaaS model. In this blog, we look at some of the business models that have revolutionized the digital economy and address the crucial elements that determine the success of each model. We have left out some of the common models such as standardization, direct selling etc, as they have been discussed plenty.

Social media are not just about little kittens and juicy gossip about movie stars. Social media are a great way to share knowledge and advice with others. Sales influencers adore doing this. And people follow them for that. Get to know the most active sales influencer on social media of 2018!

Most people see a business celebrity like Tony Robbins and think, “I could never be that successful.” WRONG. Today, I’m going to show you how. I’m going to show you exactly how Tony Robbins has grown his website traffic to over one million website visitors per month. You can copy this EXACT strategy to grow your own website traffic. Idea to test from this article (saving idea will set you up with free access to GrowthHackers Projects):