Learn About The Franchise Business Model

Fast food chains grew all over the world, thanks to a phenomenon: the franchise business model. We all know and love McDonald’s. It is a common household name all round the world. McDonald’s is the largest food chain in the world. It has about 37,000 outlets in more than 115 countries. Their global presence and popularity is possible because of franchisees around the world. Franchisees are companies that are in ...

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Quora Business Model: Answers for all your Questions!

Quora came into existence when former Facebook employees, Adam D’Angelo and Charlie Cheever, set out to create a question-and-answer website in 2009. Hence, the Quora business model was born with the website. Quora was initially available through its website only, but iOS and Android apps were later introduced. The content on Quora is created and edited by the users of the website. Questions are asked by users who need help with a certain topic. The website ...

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Instagram Business Model: The Best in the Market

Instagram started out as a free social media platform back in 2010. Kevin Systrom and Mike Krieger worked together to put out a social media app that focused on sharing images and videos among your network. Hence, Instagram business model and the app was created. Instagram took off because of its unique operating model and millions of users flocked to the image sharing app. As of now, Instagram is owned by Facebook and is one ...

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Learn How Giphy Works: GIFs are Only a Search Away

It is hard to believe how GIFs have become so famous. They are used by millennials everywhere: in their WhatsApp chats, Facebook posts, Snapchat and Instagram stories etc. You can search GIFs online. However, looking for GIFs on Google can be a long process. Hence, a dedicated search engine for GIFs was born, Giphy. Giphy works as a search engine so that you can find the GIFs you have been ...

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Payments Bank and The Convenience They Bring

The banking sector is expanding in India. Payments Bank is a new banking concept that is being introduced by Reserve Bank of India. India plans on digitizing different sectors. This is one of their baby steps towards a digital India. The idea of payments bank is to provide banking services in regions where banks are not available. These services are provided by non-banking sectors that work in coordination with partner banks to fulfill ...

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Pinterest Business Model: Pin Your Favorite Images!

Pinterest is a famous social media network that is making the rounds. It is currently valued at $11 billion and this has been possible because of its popularity and the Pinterest business model. Unlike other social media networks, it does not primarily connect two individuals together. It is all about images. You can ‘pin’ your favorite image. This allows you to create a visual bookmark that you can use to visit the source website that ...

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eWallet: The Future of Money is Here

It is the dawn of the digital era. We have come across various digital currencies, online banking facilities, and eWallets etc. eWallet is here to stay because of the convenience it offers. Carrying physical money all the time can be a lot of hassle. This is where eWallets come in place. It is an alternate payment method that is slowly, but surely gaining traction.    Technology has come a long way. Back in the old days, ...

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Dollar Shave Club Business Model: Simple, Yet Effective!

Dollar Shave Club burst into the scene in 2011 with a minute and a half long promotional video staring the CEO of the company, Michael Dubin. The video went viral and the web server of the company’s website crashed due to unexpected amount of traffic. Once the servers got back on, the company with help of friends and private contractors fulfilled the 12,000 orders that came in the first 48 hours. That’s how the Dollar ...

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Amazon Business Model: The E-commerce Giant

Amazon currently sits at the throne of ecommerce. A business that started in the garage of Jeff Bezos is now worth over $110 billion. Jeff started selling books online when he started his venture. Now, Amazon has expanded its operations into many sectors. From online retail to streaming services, Amazon does it all. Today, we are going to tell you how Jeff Bezos made billions of dollars with the Amazon ...

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