The 9 Most Successful Business Models Of Today

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  • čas přidán 22. 07. 2024
  • In this video - which is longer than most of my others, I explain the most successful business models of today, including platform businesses, data driven businesses, and a shift from product to service.
    If you would like more information on this topic, please feel free to visit my website and sign up for content updates! I write articles every week on various different topics such as Big Data, Blockchain, Key Performance Indicators & Metrics.
    Visit the Strategy & Business Performance topic page here: bernardmarr.com/default.asp?c...
    Thanks for watching!
  • Věda a technologie

Komentáře • 170

  • @Abdinazarov
    @Abdinazarov Před 3 lety +11

    00:39 1-MODEL
    03:33 2-MODEL
    05:33 3-MODEL
    07:30 4-MODEL
    09:13 5-MODEL
    10:53 6-MODEL
    13:25 7-MODEL
    14:37 8-MODEL
    16:20 9-MODEL

  • @seanfinlay7393
    @seanfinlay7393 Před 4 lety +196

    IMO 1,2 are business models, 3 is a cultural approach or strategy, 4,5,6,7,8,9 are more like operational strategies (models for how to do business, I guess)

    • @mohanwanve6352
      @mohanwanve6352 Před 4 lety +4

      agree

    • @MyGrowthZone
      @MyGrowthZone Před 4 lety +6

      Exactly. Core values, ops, business models all mixed up.

    • @ardansyahreza_official
      @ardansyahreza_official Před 4 lety +6

      I agree. But these are 9 interesting notes.

    • @HannySetiawan
      @HannySetiawan Před 4 lety +1

      Agree, but maybe Bernard can give all of those 9 example so each of them have their own "stance" as a Business Model

    • @jfigueredo515
      @jfigueredo515 Před 3 lety +3

      Exactly, this guy doesn’t know what he is talking about.

  • @SANKETJOHN
    @SANKETJOHN Před 3 lety +28

    Of all the videos I have ever seen , this video has made a huge impression on me. This man is not shouting to do his business. He’s very calm and composed. Thank you.

    • @bernardmarr
      @bernardmarr  Před 2 měsíci

      Ahhh, that's so kind of you to say!

  • @tinad721
    @tinad721 Před 4 lety +6

    Thank you so much and examples you have used. I sort of came on CZcams to find a better way to explain a company's business model. Hybrid with almost 6 of them. Definitely your video has taught me something and boosted my confidence for my presentation

  • @fifaham
    @fifaham Před 13 dny +1

    Bernard, this video is amazing, very motivational and inspiring - this prove that the road to wealth is really not difficult, but not that easy. Keep posting more of those wonderful videos of yours. Thanks.

  • @SuccessCondenser-dy5bu
    @SuccessCondenser-dy5bu Před 2 měsíci +1

    Great video! My instructor from my business school recommended us to watch it. Really enjoyed it!

    • @bernardmarr
      @bernardmarr  Před 2 měsíci +1

      So glad to hear you enjoyed it!

  • @sarahmuzaki4656
    @sarahmuzaki4656 Před 2 lety +2

    I agree. Its important to clearly differentiate between a business model and a business strategy.

  • @bogdanbogdanovic3678
    @bogdanbogdanovic3678 Před 5 lety +21

    It is a bit messy what is strategy, business model"s competitive advantages, capabilities...In my opinion, these different terms or ideas have to answer different questions, or perspectives, points of view on business. There are a lot of overlapping...

  • @qeemaparatha
    @qeemaparatha Před 3 lety +1

    This video appeared in my feed. Very well structured and easily explained.

  • @mogulmoagi
    @mogulmoagi Před 3 lety +1

    This is really Insightful. THANK YOU.
    PLEASE KEEP SHARING..

  • @Frankiejr1289
    @Frankiejr1289 Před 2 lety +1

    Wow. Called apple subscription model two years before it was announced. You are a real futurist!!!!

  • @bahijanoell3184
    @bahijanoell3184 Před 3 lety +3

    I like content and your delivery. very professionally communicated!

  • @themaithilcooks_yt
    @themaithilcooks_yt Před rokem

    Thanks Bernard, this video helped me alot for creating my own business model. Very informative video.

  • @brownjovi
    @brownjovi Před 2 lety

    Im reading business models for dummies. Great read. Really inspiring.

  • @delcionhanisse4451
    @delcionhanisse4451 Před 4 lety +1

    Excellent insights. Thank you

  • @shreyassen4260
    @shreyassen4260 Před 2 lety +9

    *3 main Business Models* :-
    1) *Recurring income/subscription based model* e.g. Netflix, Jio, Airtel
    2) *Online Platform* e.g. Facebook (now META), Amazon, LinkedIn
    3) *Innovation centric businesses*
    e.g. Tesla(innovation- electric cars), Samsung(innovation- foldable phones)

  • @malethebatv
    @malethebatv Před 4 lety

    This explains the Business Model Canvas perfectly. I agree they’re not all types of models.

  • @mercurious6699
    @mercurious6699 Před 5 lety +6

    Very useful, thank you - a great complement to your LinkedIn articles.

    • @bernardmarr
      @bernardmarr  Před 5 lety +2

      I am glad you like it and appreciate the comment!

  • @_nanaamakwansima_
    @_nanaamakwansima_ Před 4 lety +2

    You can also combine lots of these models to grow your business and understand the various necessary angles with which you can serve your customers. I love this content! Thank you.

  • @laurasalinas1997
    @laurasalinas1997 Před 4 lety

    Which business model will I use for tax services?

  • @Frankiejr1289
    @Frankiejr1289 Před 2 lety +1

    Spot on

  • @KerryGarnerVenter
    @KerryGarnerVenter Před 4 lety

    Sounds like we have a similar background working with corporate - I'm curious what is your chosen business model out of all of those that you've found to work the best - especially in these crazy times?

  • @WElovezumba
    @WElovezumba Před 3 lety

    Hi, I'm new to your channel, I'm a creative marketer working on launching my creative serve company; which of your books will you recommend to start reading and why? thanks!

  • @RichardFrancis
    @RichardFrancis Před 4 lety

    I just shot a video on this. Really good video Bernard and I agree with a few things you've shared. Subscription income is essential, that's the true definition of passive income. Do you sell any courses to sell any pieces of training on this? If not I highly recommend becoming an affiliate at the least because you have a great following and traffic coming in. Great job and all the best.

  • @thelozenger2851
    @thelozenger2851 Před 4 lety +1

    Wow I can’t watch it all right now but I really like the idea of the first one if you can pull it off!

  • @abdesamad6616
    @abdesamad6616 Před 4 lety

    thank you so much for this amazing video

  • @OzzyAnny
    @OzzyAnny Před 4 lety

    Thank you for this video was very helpful

  • @shitheesh
    @shitheesh Před 4 lety +1

    Wow..great video sir

  • @Flayou
    @Flayou Před 4 lety +1

    I really loved this! thank youuu

  • @bogdanbogdanovic3678
    @bogdanbogdanovic3678 Před 5 lety +4

    I have made mistake it should be written: strategy, business models, competitive advantages...

  • @NothingMaster
    @NothingMaster Před 4 lety +9

    Excellent content, very timely and insightful.

  • @milkywaystar7760
    @milkywaystar7760 Před 4 lety +1

    Wow!
    So clear his pronunciation to understand as a foreigner and I am thinking to start to run own my business someday soon.....this information are very helpful.
    Thanks~

    • @bernardmarr
      @bernardmarr  Před 4 lety +1

      That's great to hear. Thank you very much and good luck with any future ventures!

  • @ogunrindebecky2363
    @ogunrindebecky2363 Před rokem +1

    Great presentation

  • @mariaanderson2560
    @mariaanderson2560 Před 3 lety +1

    THX,V MUCH FORVYOUR
    HUMBLE STIDHY I AM. APRECIATE TO USE YOUR WORK FOR MY RESERACH
    WISHIMH.YOU WEL

  • @ericsalazar6946
    @ericsalazar6946 Před 4 lety

    Expansion is essential to a business as it evolves from a startup to a full-fledged company backing a product or service. However, a business can't grow if there is no concrete roadmap in place to navigate the uncharted space. I think the best fit for business relies heavily on the industry and the customer base that the company plans to serve. In my case, a subscription seems to be the best fit due to most software premium software existing in this state today. However, that's not to say that is the only method.

  • @charleneswinton1350
    @charleneswinton1350 Před 3 lety

    There are very lucid explanations and examples. Thanks

    • @James-dc8el
      @James-dc8el Před 3 lety

      Hello , you are speaking the truth you must pay your price. If you don't mind where are you writing from?

  • @fifaham
    @fifaham Před 13 dny

    @11:45 The RFID technology (a tint RF tag embedded within the product) have proven to be more effective because it has a wireless code that associates to the description (quality and quantity and status) of those tagged products. Also the readers are becoming more available and affordable than ever before.

  • @rodddacuag9008
    @rodddacuag9008 Před 2 lety

    Hello, can you explain as well the business models of tesla and other electric car companies. Thanks

  • @matejhosner1980
    @matejhosner1980 Před 4 lety +1

    Very insightful

  • @kennedyoshioma3215
    @kennedyoshioma3215 Před rokem +1

    This is such great content, which has given me a reason to do my business differently. Thanks!

  • @KillTheAlarm69
    @KillTheAlarm69 Před 3 lety +1

    5. Being partner-centric
    Elon Musk: laughs in SpaceX, Tesla

  • @adityavandansharma1575
    @adityavandansharma1575 Před 4 lety +2

    Really informative, and so simply put.

  • @AnaE1979
    @AnaE1979 Před 2 lety +1

    Excellent video. Thank you for sharing..

  • @matayitshipamba4589
    @matayitshipamba4589 Před 5 lety +4

    very good idea , even quality of production can so bring successful in business

  • @gioiacarraro6511
    @gioiacarraro6511 Před 4 lety

    So asmr😍 thank u, super informative

  • @cordialman1188
    @cordialman1188 Před 4 lety +4

    Thank you! This was so well explained, which made me learn a lot of things I hadn't even thought of before 👍 Keep up the good work 👍

  • @healthyfood661
    @healthyfood661 Před 4 lety +13

    There’s a mixture of model and strategies, would appreciate even more if it’s clean clear cut differentiation. Thank you for the amazing content

    • @chrystaljelena22
      @chrystaljelena22 Před 3 lety

      Thank you! I thought I was completely off track on all my writings on the subject when he said he goes into companies and teaches this. How do people get paid for getting things so wrong!

  • @KBr-ud6ly
    @KBr-ud6ly Před 3 lety

    Great video!

  • @Sathelagopalreddy
    @Sathelagopalreddy Před 4 lety

    Its very important Subject/Business models. Try to reduce your background music, its good but disturbing . Music is highlighting compared to your demo, unable to concentrate.. Hope you change in next videos.. thanks bro..

  • @lianacastro5153
    @lianacastro5153 Před 4 lety +1

    Honestly I have zero knowledge in business field, I came to this chanel because I have to do presentation for a job that I applied and the task is to do slides presentation about Business model. through this video I started to understand a little bit about business models, thank you sir 🙏

  • @abitameem9895
    @abitameem9895 Před 4 lety +1

    Please put all the business model in description

  • @dr.abdullahaurangzaib-aaz3338

    Thank you ❤️

  • @vjxyz848
    @vjxyz848 Před 4 lety +1

    Clean and clear!

  • @ahkhan57
    @ahkhan57 Před 3 lety

    Excellent video . I even from your website read the text which is also with reading along with video. Can I sue your video and handout for my students of Emerging organization and dynamic change

  • @minamarie1532
    @minamarie1532 Před 4 lety

    Do business practices like valuing privacy and authenticity really count as business models?

  • @Zo-hc2fn
    @Zo-hc2fn Před 3 lety

    I am thinking about a new type of restaurants : eating-spots,
    in eating-spots, food keeps changing, chefs also rotate,
    this is opposed to current restaurants,
    thanks to this rotation of food and chefs, eating-spots are way more powerful than restaurants,
    along with that, there is an app,
    people vote for the food that will be cooked in the next days,
    menu is influenced by the live input of the people via an app.

  • @majidrasouli2841
    @majidrasouli2841 Před 2 lety +1

    very thank you

  • @chriss8414
    @chriss8414 Před 3 lety +1

    Love from my heart

  • @rivaldirafly9041
    @rivaldirafly9041 Před 4 lety +3

    Anak SBM yang kelas online CI, raise yo hand 🤚

  • @shlomobelleli2556
    @shlomobelleli2556 Před 2 lety +1

    Very good and professional content, Thank you

  • @toutb1761
    @toutb1761 Před 2 lety

    Thank you for your content Bernard. Can you share partner-centric businesss models? The car manufacturer u mentioned? Thanks :)

  • @ada-boy
    @ada-boy Před 3 lety +1

    Great examples

  • @leegoldberg
    @leegoldberg Před 4 lety

    If I understood correctly, No.7 is more of a business strategy than a business model.

  • @MehediOfficial
    @MehediOfficial Před 2 lety +2

    Thanks Bernard, I am researching about subscription model business and this was a very clear and helpful video.

  • @thomasmathew2611
    @thomasmathew2611 Před 3 lety

    Nice content

  • @DanNunezugcksmp
    @DanNunezugcksmp Před 4 lety

    Great Video however content needs to be updated as you now Disney has built that platform to play its content to the end user and omit the music, it is distracting.

  • @peopleplacesbrands3970
    @peopleplacesbrands3970 Před 5 lety +2

    In practice we use almost all these models similarly. Does a hybrid business model exist? is it effective? or rather we should be more focused on just one or two?

    • @bernardmarr
      @bernardmarr  Před 5 lety +3

      If you can create a hybrid between all 9 you have a winning formula - just think of Amazon, Alphabet, Alibaba, etc.- many of today's most successful companies are using all 9.

    • @peopleplacesbrands3970
      @peopleplacesbrands3970 Před 5 lety

      @@bernardmarr Thank you for confirming. This is just what I was thinking.

    • @bogdanbogdanovic3678
      @bogdanbogdanovic3678 Před 5 lety

      @@bernardmarr In my opinion this is the right message of this video, naturally, if all these is applicable in concrete company. If all those business models are elements of one business model, maybe we should call them differently, (but that question seems to be intellectual exaggerating), or simply as you said we should call them hybrid - winning-models. Thanks a lot as usual, looking fwd for the next video!

  • @anybodyandeveryb
    @anybodyandeveryb Před 2 lety

    Disney: Netflix can do what?!
    1 month later...
    DisneyPlus: Hi, how u doin?

  • @govindanchelliah8450
    @govindanchelliah8450 Před 2 lety

    Your speech well , teach method very nice

  • @ngm_4092
    @ngm_4092 Před 2 lety

    good video though at a certain point you have the music playing twice and out of phase which is distracting from your speech. Other than that I really appreciate you take the time to disseminate this infromation

  • @Matthew8473
    @Matthew8473 Před 5 měsíci

    This is the epitome of excellence. I read a book with similar content, and it was the epitome of excellence. "The Hidden Empire: Inside the Private Worlds of Elite CEOs" by Adam Skylight

  • @unwanalegion2812
    @unwanalegion2812 Před 3 lety

    Please send me a PDF on this

  • @nautica00
    @nautica00 Před 2 lety +1

    Disney must have watched this video before releasing Disney Plus

  • @fatemeazizi1863
    @fatemeazizi1863 Před 4 lety

    What are business model components?
    1. Anything that a business model needs to produce a product or service: design, raw materials, production methods, labor, etc.
    2. Anything needed to sell a product: marketing, distribution, product delivery, or sales services and operations.
    3. Everything that the customer pays and how it is paid: pricing strategy, payment methods, payment time, down payment amount, etc.
    retiba.com/academy/business-strategies/business-model-differ-business-plan/
    A good business_model can modify and optimize each of these three components. You may be able to lower costs during design and production. You may be able to find more effective ways to market and sell. Or you may be able to come up with an innovative way for customers to pay.

  • @Explomaya
    @Explomaya Před 4 lety +1

    Nice video facts 👌

  • @ankitssoni5337
    @ankitssoni5337 Před 4 lety

    Hello sir this is ankit here form India, Would you will like to be my mentor?

  • @SundapuraMedia
    @SundapuraMedia Před 2 lety +1

    greats

  • @kunalsingh6683
    @kunalsingh6683 Před 4 lety +1

    Can these model need certain change after the pandemic of covid 19

  • @vicsystems
    @vicsystems Před 2 lety +1

    so insightful

  • @fantasygrillandbalti
    @fantasygrillandbalti Před rokem

    Wellsaid.

  • @John83118
    @John83118 Před 5 měsíci

    I'm absorbed in this content. I had the pleasure of reading something similar, and I was absorbed. "The Hidden Empire: Inside the Private Worlds of Elite CEOs" by Adam Skylight

  • @Yodad0110
    @Yodad0110 Před 3 lety +1

    Only 1 and 2 are business models.

  • @khader361
    @khader361 Před 4 lety +2

    why does this guy have a slight indian accent

  • @teddymwalo1649
    @teddymwalo1649 Před 4 lety

    business models or business strategies

  • @IbraheemALBalushi
    @IbraheemALBalushi Před 4 lety +1

    ممتاز

  • @skinnyfit5633
    @skinnyfit5633 Před 4 lety +2

    Can these models be combined

    • @bernardmarr
      @bernardmarr  Před 4 lety +5

      Absolutely, if you think about companies like Amazon, this is exactly what they are trying to do. The more you address all these models the more successful you are going to be.

  • @973Ramesh
    @973Ramesh Před 4 lety

    should have use some graphic to support the model...great content but the way of presenting make it boring..

  • @HungHoang-jf4ok
    @HungHoang-jf4ok Před 3 lety

    Safe and sound

  • @victoriamunthali34
    @victoriamunthali34 Před 2 lety +1

    💯💯💯💯💯💯💯💯

  • @mawkuri5496
    @mawkuri5496 Před 3 lety

    I got an aha moment from this video

  • @abid8249
    @abid8249 Před 3 lety

    Business model 7 and 9 can be seen together …

  • @JesperAndersen
    @JesperAndersen Před 3 lety

    If only Apple placed as much value on human lives in their sweat shops in Asia, as they like to appear to value "user privacy"... :-/

  • @HyperionStudiosDE
    @HyperionStudiosDE Před rokem

    Most of those are company values, not business models.

  • @BrettonAuerbach
    @BrettonAuerbach Před 4 lety

    nice content...but the music does nothing but detract...

    • @bernardmarr
      @bernardmarr  Před 4 lety +1

      I agree, music isn't needed. In my new videos, I don't include any music.

  • @mytvyann
    @mytvyann Před 2 lety

    That’s why Disney created the Disney +

  • @CherynTanSY
    @CherynTanSY Před 4 lety

    Not all of these are business models...

  • @princeobeten5544
    @princeobeten5544 Před 3 lety

    Of course, there is an almost overwhelming amount of information with regards to how to succeed in the world of online business, Unfortunately certain limitations like scarce resources may place you at a disadvantage when looking to effectively manage your business. Hence the need to focus your strategy on the models that work and are pocket friendly
    Follow this link to download your free Report: princypal.com/squeezepage/

  • @latezksi
    @latezksi Před 3 lety

    I wonder if the car company Bernard was talking about at part 5 was Nikola. A car company with few employees and most of the work outsourced, kinda sus

  • @PeterSodhi
    @PeterSodhi Před rokem

    Nope this is just wrong. Watch the Y-Combinator video on actual business models. He confuses business models with business philosophy,

  • @ahsanmohammed1
    @ahsanmohammed1 Před 3 lety

    1.5x