The 9 Most Successful Business Models Of Today

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  • Опубликовано: 6 авг 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!
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Комментарии • 170

  • @seanfinlay7393
    @seanfinlay7393 4 года назад +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 4 года назад +4

      agree

    • @MyGrowthZone
      @MyGrowthZone 4 года назад +6

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

    • @ardansyahreza_official
      @ardansyahreza_official 4 года назад +6

      I agree. But these are 9 interesting notes.

    • @HannySetiawan
      @HannySetiawan 4 года назад +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 3 года назад +3

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

  • @SANKETJOHN
    @SANKETJOHN 3 года назад +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  3 месяца назад

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

  • @Abdinazarov
    @Abdinazarov 3 года назад +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

  • @tinad721
    @tinad721 4 года назад +6

    Thank you so much and examples you have used. I sort of came on RUclips 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 29 дней назад +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.

  • @bogdanbogdanovic3678
    @bogdanbogdanovic3678 5 лет назад +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 3 года назад +1

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

  • @sarahmuzaki4656
    @sarahmuzaki4656 2 года назад +2

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

  • @SuccessCondenser-dy5bu
    @SuccessCondenser-dy5bu 3 месяца назад +1

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

    • @bernardmarr
      @bernardmarr  3 месяца назад +1

      So glad to hear you enjoyed it!

  • @bahijanoell3184
    @bahijanoell3184 3 года назад +3

    I like content and your delivery. very professionally communicated!

  • @mercurious6699
    @mercurious6699 5 лет назад +6

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

    • @bernardmarr
      @bernardmarr  5 лет назад +2

      I am glad you like it and appreciate the comment!

  • @brownjovi
    @brownjovi 2 года назад

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

  • @mogulmoagi
    @mogulmoagi 3 года назад +1

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

  • @Flayou
    @Flayou 4 года назад +1

    I really loved this! thank youuu

  • @themaithilcooks_yt
    @themaithilcooks_yt Год назад

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

  • @delcionhanisse4451
    @delcionhanisse4451 4 года назад +1

    Excellent insights. Thank you

  • @thelozenger2851
    @thelozenger2851 4 года назад +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!

  • @NothingMaster
    @NothingMaster 4 года назад +9

    Excellent content, very timely and insightful.

  • @RichardFrancis
    @RichardFrancis 4 года назад

    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.

  • @Frankiejr1289
    @Frankiejr1289 2 года назад +1

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

  • @abdesamad6616
    @abdesamad6616 4 года назад

    thank you so much for this amazing video

  • @milkywaystar7760
    @milkywaystar7760 4 года назад +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  4 года назад +1

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

  • @KerryGarnerVenter
    @KerryGarnerVenter 4 года назад

    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?

  • @_nanaamakwansima_
    @_nanaamakwansima_ 4 года назад +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.

  • @kennedyoshioma3215
    @kennedyoshioma3215 Год назад +1

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

    • @bernardmarr
      @bernardmarr  Год назад

      That’s wonderful to hear 👍🏻

  • @OzzyAnny
    @OzzyAnny 4 года назад

    Thank you for this video was very helpful

  • @WElovezumba
    @WElovezumba 3 года назад

    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!

  • @adityavandansharma1575
    @adityavandansharma1575 4 года назад +2

    Really informative, and so simply put.

  • @healthyfood661
    @healthyfood661 4 года назад +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 3 года назад

      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!

  • @matayitshipamba4589
    @matayitshipamba4589 5 лет назад +4

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

    • @matayitshipamba4589
      @matayitshipamba4589 4 года назад

      keep growing forward bernard we give you all the support

  • @malethebatv
    @malethebatv 4 года назад

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

  • @cordialman1188
    @cordialman1188 4 года назад +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 👍

  • @shitheesh
    @shitheesh 4 года назад +1

    Wow..great video sir

  • @charleneswinton1350
    @charleneswinton1350 3 года назад

    There are very lucid explanations and examples. Thanks

    • @James-dc8el
      @James-dc8el 3 года назад

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

  • @mariaanderson2560
    @mariaanderson2560 3 года назад +1

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

  • @gioiacarraro6511
    @gioiacarraro6511 4 года назад

    So asmr😍 thank u, super informative

    • @bernardmarr
      @bernardmarr  4 года назад

      That's great to hear, thank you!

  • @fifaham
    @fifaham 29 дней назад

    @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.

  • @ericsalazar6946
    @ericsalazar6946 4 года назад

    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.

  • @laurasalinas1997
    @laurasalinas1997 4 года назад

    Which business model will I use for tax services?

  • @vijay-y5q
    @vijay-y5q 4 года назад +1

    Clean and clear!

  • @rodddacuag9008
    @rodddacuag9008 2 года назад

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

  • @dr.abdullahaurangzaib-aaz3338
    @dr.abdullahaurangzaib-aaz3338 3 года назад

    Thank you ❤️

  • @matejhosner1980
    @matejhosner1980 4 года назад +1

    Very insightful

  • @toutb1761
    @toutb1761 2 года назад

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

  • @chriss8414
    @chriss8414 3 года назад +1

    Love from my heart

  • @bogdanbogdanovic3678
    @bogdanbogdanovic3678 5 лет назад +4

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

  • @peopleplacesbrands3970
    @peopleplacesbrands3970 5 лет назад +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  5 лет назад +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 5 лет назад

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

    • @bogdanbogdanovic3678
      @bogdanbogdanovic3678 5 лет назад

      @@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!

  • @AnaE1979
    @AnaE1979 2 года назад +1

    Excellent video. Thank you for sharing..

  • @KillTheAlarm69
    @KillTheAlarm69 3 года назад +1

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

  • @ogunrindebecky2363
    @ogunrindebecky2363 Год назад +1

    Great presentation

  • @MehediOfficial
    @MehediOfficial 2 года назад +2

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

    • @bernardmarr
      @bernardmarr  2 года назад

      That's good to hear, thank you.

  • @lianacastro5153
    @lianacastro5153 4 года назад +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 🙏

  • @KBr-ud6ly
    @KBr-ud6ly 3 года назад

    Great video!

  • @majidrasouli2841
    @majidrasouli2841 2 года назад +1

    very thank you

  • @shlomobelleli2556
    @shlomobelleli2556 2 года назад +1

    Very good and professional content, Thank you

  • @ada-boy
    @ada-boy 3 года назад +1

    Great examples

  • @ahkhan57
    @ahkhan57 3 года назад

    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

  • @Frankiejr1289
    @Frankiejr1289 2 года назад +1

    Spot on

  • @abitameem9895
    @abitameem9895 4 года назад +1

    Please put all the business model in description

  • @minamarie1532
    @minamarie1532 4 года назад

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

  • @anybodyandeveryb
    @anybodyandeveryb 2 года назад

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

  • @Zo-hc2fn
    @Zo-hc2fn 3 года назад

    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.

  • @govindanchelliah8450
    @govindanchelliah8450 2 года назад

    Your speech well , teach method very nice

  • @vicsystems
    @vicsystems 2 года назад +1

    so insightful

  • @Sathelagopalreddy
    @Sathelagopalreddy 4 года назад

    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..

  • @Matthew8473
    @Matthew8473 5 месяцев назад

    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

  • @Explomaya
    @Explomaya 4 года назад +1

    Nice video facts 👌

  • @DanNunezugcksmp
    @DanNunezugcksmp 4 года назад

    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.

  • @thomasmathew2611
    @thomasmathew2611 4 года назад

    Nice content

  • @kunalsingh6683
    @kunalsingh6683 4 года назад +1

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

  • @nautica00
    @nautica00 2 года назад +1

    Disney must have watched this video before releasing Disney Plus

  • @shreyassen4260
    @shreyassen4260 2 года назад +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)

  • @leegoldberg
    @leegoldberg 4 года назад

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

  • @skinnyfit5633
    @skinnyfit5633 4 года назад +2

    Can these models be combined

    • @bernardmarr
      @bernardmarr  4 года назад +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.

  • @fantasygrillandbalti
    @fantasygrillandbalti Год назад

    Wellsaid.

  • @SundapuraMedia
    @SundapuraMedia 2 года назад +1

    greats

  • @John83118
    @John83118 5 месяцев назад

    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

  • @fatemeazizi1863
    @fatemeazizi1863 4 года назад

    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.

  • @Yodad0110
    @Yodad0110 3 года назад +1

    Only 1 and 2 are business models.

  • @ngm_4092
    @ngm_4092 2 года назад

    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

  • @rivaldirafly9041
    @rivaldirafly9041 4 года назад +3

    Anak SBM yang kelas online CI, raise yo hand 🤚

  • @ankitssoni5337
    @ankitssoni5337 4 года назад

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

  • @HungHoang-jf4ok
    @HungHoang-jf4ok 3 года назад

    Safe and sound

  • @unwanalegion2812
    @unwanalegion2812 3 года назад

    Please send me a PDF on this

  • @teddymwalo1649
    @teddymwalo1649 4 года назад

    business models or business strategies

  • @973Ramesh
    @973Ramesh 4 года назад

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

  • @khader361
    @khader361 4 года назад +2

    why does this guy have a slight indian accent

  • @mawkuri5496
    @mawkuri5496 3 года назад

    I got an aha moment from this video

  • @IbraheemALBalushi
    @IbraheemALBalushi 4 года назад +1

    ممتاز

  • @BrettonAuerbach
    @BrettonAuerbach 4 года назад

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

    • @bernardmarr
      @bernardmarr  4 года назад +1

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

  • @abid8249
    @abid8249 3 года назад

    Business model 7 and 9 can be seen together …

  • @victoriamunthali34
    @victoriamunthali34 2 года назад +1

    💯💯💯💯💯💯💯💯

  • @CherynTanSY
    @CherynTanSY 4 года назад

    Not all of these are business models...

  • @JesperAndersen
    @JesperAndersen 3 года назад

    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"... :-/

  • @princeobeten5544
    @princeobeten5544 3 года назад

    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/

  • @mytvyann
    @mytvyann 2 года назад

    That’s why Disney created the Disney +

  • @HyperionStudiosDE
    @HyperionStudiosDE Год назад

    Most of those are company values, not business models.

  • @latezksi
    @latezksi 3 года назад

    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

  • @ahsanmohammed1
    @ahsanmohammed1 3 года назад

    1.5x

  • @PeterSodhi
    @PeterSodhi Год назад

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