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One stop shop is a business model that offers extended variety from a single location. This tends to be convenient for customers. The following are illustrative examples.
EcommerceAn ecommerce site that has millions of items may have a strong competitive advantage over a site with thousands of items.RetailLarge retail locations that offer extended variety such as a supermarket that offers thousands of non-food items and services.MediaA streaming music service with a large number of songs from popular and indie artists generally has an advantage over a service with less variety.
InformationInformation sources such as a news website that covers a large number of stories.ServicesServices such as an IT consulting firm that offers hundreds of technology skills.EntertainmentLarge entertainment complexes that offer variety of things to do such as a theme park designed to appeal to all ages.TravelA resort with shopping, dining and entertainment options such that you could enjoy an entire vacation without leaving the premises.GovernmentOne stop shop is a common theme in government efforts to reduce administrative burden by offering a large number of services from one website or physical location.|
Type | | Definition | A business model that offers significant variety from a single location. | Related Concepts | |
Business Models
This is the complete list of articles we have written about business models.
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A list of common business models.
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The definition of on demand with examples.
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The definition of superior goods with examples.
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A few sources of competitive advantage for businesses.
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A definition of relative advantage with examples.
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