Shopify Business Model
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Describe Shopify's Business Model:
a. Customer Segment: Who are your selected company's customers? In other words - Customer Segment the company is targeting.
b. Value Proposition: What is the "Value" that the company's product delivers to its customers?
c. Revenue Model: How does the company earn revenue? In other words how does the company charge for its product or service?
d. Resources: In your opinion what key resources does the company need to deliver their products to their customers.
e. Activities: In your opinion what key activities the company must perform to be able to sell and deliver their products to their customers.
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Solution Summary
This response analyzes different aspects of the business model for Shopify. It provides information related to the target customers, value preposition and revenue model.
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Introduction
This response analyzes different aspects of the business model for Shopify. It provides information related to the target customers, value preposition and revenue model. Along with this, it also provides details regarding the resources and activities carried out to sell products and services to customers.
Customer Segment
The target customers of Shopify include business entrepreneurs who wanted to convert their business from brick and mortar to online business model. Besides this, it also facilitates to attract ...
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