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What is a Business Model?

 , updated on December 06, 2016
A business model is a way of capturing value. It can be considered the root strategy of a business that includes the basics of creating valuable products and services and selling them for a profit. Business models are rare as it is common for thousands of unique businesses to have the same business model. For example, thousands of businesses are manufacturers, service providers, financial intermediaries, value added resellers, wholesalers or retailers.
Overview: Business Model
Type
Business Models
Marketing
Business Strategy
Definition (1)
How a business captures value.
Definition (2)
The basic structure of a firm's strategy that explains how a firm creates value and makes a profit.
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