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As promised, SWIPE for 4 examples and types of business models

Four Business models & Examples:

1. Retail Models - Example: Trader Joe's - This business model involves purchasing merchandise, from a wholesaler, in larger quantities at a low price and reselling it to the general public in smaller quantities at a higher price.

2. Fee-for-service Models- Example: Summer Camps- This model is used where fees are paid in return for services delivered.

3. Subscription Models- Example: Amazon Prime- This model is used to attract long-term clients. In this model, customers are charged a recurring fee for a product or service. The recurring fee is usually ran on a monthly or yearly basis.

4. Bundling Models- Example: AT&T- This model involves selling goods or services together as a combined unit & usually at a discounted price than if it would be sold separately.

What other business models do you know? Share the model structure and an example in the comment section!
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When determining what your next business venture is, you need to specify the business model you will be using.

Follow for examples of what business models can be used to operate your business.
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