26 Ways to generate new revenue for B2C companies

Board of Innovation

The post 26 Ways to generate new revenue for B2C companies appeared first on Board of Innovation. Why read this? This blog post will help you to identify sustainable new revenue streams, challenge revenue streams you have already developed and to come up with alternative money-making tactics.

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Eliminating Walls in B2B Platforms (keep an eye on Amazon)

Innovation Excellence

Build Capability Business Models Customers Digital Disruption Feature Of The Week Innovation Amazon Apple B2B B2C Digital Integration facebook Google

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Welcome to the New Era of Automation

Innovation Excellence

Disruption Innovation Product Innovation Technology automation B2B B2C branding Changing Context Industry Trends inventory management michael graber New Applications Operational Controls Southern Growth Studio technology Vending Machines

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How Customer Experience Affects a Company’s Revenue

InnovationManagement

Both B2B and B2C companies greatly value the concept of creating exceptional customer experience as the bottom line of achieving revenue growth. Customer experience is perhaps the single most valuable and emphasized component of business operations. Organization & Culture

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Entrepreneurship Hack: The Startup Idea Matrix

Game-Changer

Eric Stromberg created a matrix that outlines various consumer markets as well as tactics a company can take to bring a unique product to the market; for B2C and B2B. Below is a screenshot of how it looks: Follow this link to find the full B2C matrix , and this link for the full B2B matrix.

Do you have a Social Media Listening Control Room?

Destination Innovation

Leading B2C (Business to Consumer) companies have invested in Listening Centres where they monitor real-time conversations and web analytics in order to gain immediate insights, start dialogues, diffuse critical issues and observe competitors.

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B2B Co-creation: a collection of learnings and insights

Board of Innovation

Myth-buster: Co-creation is not just for B2C contexts. What is B2B co-creation? An innovation program where you involve a real B2B partner customer. You’ll co-create in a strategic corporate partnership whilst building a win-win situation for greater B2B business impact. B2B co-creation, otherwise known as corporate partnerships, has a lot of opportunity for big impact. Continue reading. The post B2B Co-creation: a collection of learnings and insights appeared first on Board of Innovation.

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Innovation Comes From Bringing Ideas Together

Ideanote

Johan shares his thoughts on the principle: "Make Business Human 2 Human, Instead of B2B or B2C." Interview with Johan Broddfelt from Front IoT. In early September, our team visited Techfestival to interview top innovators and get their take on some of the core work principles of tech.

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What are and why you should create Buyer Personas by now?

mjvinnovation

B2B & B2C. When a B2C context, personas may tell you what you need to know. The more detailed you are, the better. Buyer personas provide tremendous structure and insight for your company. A detailed buyer persona will help you determine where to focus your time, guide product development, and allow for alignment across the organization. As a result, you will be able to attract the most valuable visitors, leads, and customers to your business.

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Prioritize Your Best Ideas With One Powerful Tool

Leapfrogging

I’ve had the opportunity to lead strategic innovation programs with some of the biggest B2B and B2C brands on earth including Arcelor Mittal (the largest steel company in the world), Hershey (the iconic chocolate company), NBCUniversal (the media giant) and Cigna (the global insurance powerhouse). Innovation is as much about choosing what not to do as it is about deciding what you’re going to do.

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The Future Of Emotionally Intelligent Technology with Sergio Langarica

Game-Changer

What is your advice to B2C companies that want to embed emotion AI into their business? Computers are increasingly able to figure out what we’re feeling. A recent report predicts that the global affective computing market will grow from $12.2 billion in 2016 to $53.98 billion by 2021.

Customer Co-Creation: A Deeper Path to Empathic Understanding

Legacy Innovation Group

But to make the process work, there are several important considerations that have to be taken into account, primarily around the specific steps to be used in a B2B versus B2C scenario. Customer Co-Creation: A Deeper Path to Empathic Understanding. Oct 03, 2016 | Anthony Mills.

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What are and why you should create Buyer Personas by now?

mjvinnovation

B2B & B2C. When a B2C context, personas may tell you what you need to know. The more detailed you are, the better. Buyer personas provide tremendous structure and insight for your company. A detailed buyer persona will help you determine where to focus your time, guide product development, and allow for alignment across the organization. As a result, you will be able to attract the most valuable visitors, leads, and customers to your business.

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Satisfied Employees and Customers Translate into Business Success

Tullio Siragusa

Businesses like retail, hospitality, and B2C companies with customer service centers. Satisfied Employees and Customers Translate into Business Success. Most business leaders, irrespective of the market they are in, consistently push to maximize growth, profitability, and value of their business. They devise innovative strategies to strive through economic upheavals and achieve their planned objectives and target.

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Social media: value creation through interaction

Norbert Bol

Although I very much believe that social media platforms can be such an actor in both business-to-business (B2B)and business-to-consumer (B2C) contexts, it requires that social media should be a part of the communication strategy between firms and customers in the first place. Last week I wrote about how Facebook is becoming the innovation platform. Singaraju et al.

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How to Speed Up Your New Product Development Process by 30%

Innovation 360 Group

This applies to both B2B and B2C businesses and across industries. A new product development process that works at lightning speed requires new ways of working plus new ways of innovating. In this post we will cover how to: Cut your development cycle time and free up working capital.

Value creation in the digital age – monopolisation, networking or demise!

etventure

The role models are mostly US and Asian companies in the B2C segment such as Amazon, Uber, Alibaba or Ping An Insurance, which have established successful business models by intelligently networking producers with consumers as well as tangible and intangible products.

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“For 12,99 € to Platform Champion”

etventure

The difficulty is that quite different definitions of platforms exist: “If I put a glass on the lectern here, it is also a platform” In addition, there are fundamental differences between B2B and B2C.

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How B2B2C Drives Digitalization and the Innovation of New Business Models

Innovation 360 Group

To find a signal in all that noise, B2B companies have joined forces with B2C to form a new business model: B2B2C. bctt tweet=”To find a signal in all that noise, B2B companies have joined forces with B2C to form a new business model: B2B2C” username=””].

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Pairing Community Management with Paid Social Media

Brunner

Whether you’re B2B or B2C, and regardless of the Paid Social Media program goals, don’t forget this one basic fact: the opinions of your customers matter more than yours. You’ve done all the work. You’ve created amazing, mobile first content. You’ve developed your messaging strategy, measurement framework and brought your brand to life. Now, it’s time to launch a Paid Social Media campaign to elevate the experience and start driving opportunities for your business!

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Lean Innovation Leadership in the Enterprise

Moves the Needle

How can you use Lean Innovation in a B2B vs B2C company? Video Interview with Aaron Eden Bringing an entrepreneurial spirit to large enterprise companies is something that we are passionate about here at Moves the Needle. We do this by educating organizations on how to bring a startup mindset to the table and how to enable their employees to work in this new way of thinking.

The Most Popular Business Models To Consider

The Human Factor

B2C service-based businesses can offer things like handyman services, financial advice, etc. What is a business model? By definition , it is your plan for making profits and the strategy that outlines how your company is going to function and what you will do.

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Why You Don’t Want Brand Strategy and Execution from the Same Partner

BrainZooming

He has moved to a new role leading marketing for an organization shifting from the B2C to B2B market. A potential client reached out to us. He was a client team member on a customer experience strategy engagement several years ago.

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8 Customer Experience Stats Every Leader Needs to Know

Planview Spigit

It doesn’t matter if you’re B2B or B2C, people talk. 64% of consumers (B2C) and 80% of business buyers (B2B) expect real time communication with companies. Customer experience can literally make or break your business.

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Is Innovation Just a Buzzword?

IdeaScale

Everyone exchanges mission statements that begin with, “We’re making the world better by disrupting…” or, “We’re the Uber of…” Some of the lingo is helpful shorthand, like B2B and B2C. I moved to the Bay Area three years ago for an exciting new job with IdeaScale.

Innovation Is ….

IdeaScale

Whether you’re working with a B2C innovation or a B2B innovation, there is some gap that is being fulfilled by your innovation.

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My 5 S for future Innovation: Smart, Stacks, Scale, Storage, and Software

Paul Hobcraft

IoT (B2C) is well-ahead of IIoT (B2B). Technology is radically altering our need for innovation. We see increasingly innovation is feeding off the “ digital response rate ” Connecting technology and innovation is altering how we should re-access organizations ability to build out.

Five Steps for Creating Customer Journey Maps You Can Actually Use

New Markets Advisors

Regardless of whether you’re looking at customers from a B2B, B2C, or internal (process improvement) lens, journey mapping allows an organization to put itself in the customer’s shoes.

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5 Ways Productivity Makes Your Business More Efficient

The Human Factor

Whether you run a B2B or B2C business , giving additional control to clients or customers could enable you to cut your costs dramatically. image source. Contributed post –.

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Qmarkets & Amer Sports – An Innovative Partnership that Created Unprecedented Employee Engagement

Qmarkets

Amer Sports is a large, international, Nasdaq-Helsinki-listed sporting goods company with both B2B and B2C focus in 34 countries.

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What You Need to Know About Idea Software

Planview Spigit

Idea software is used to address many modern business challenges, for all types of organizations — including B2B and B2C companies, from brand new startups to established enterprises. What is idea software?

3 Essential Considerations For New FinTech Startups

The Human Factor

As a new enterprise you’ll face an uphill struggle when it comes to earning the trust of your prospects, especially if you’ll be operating on a B2C basis. Contributed post – Technology has changed the way we do just about everything.

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8 Customer Experience Stats Every Leader Needs to Know

Planview Spigit

It doesn’t matter if you’re B2B or B2C, people talk. 64% of consumers (B2C) and 80% of business buyers (B2B) expect real time communication with companies. Customer experience can literally make or break your business. One bad experience for a customer can set off a chain reaction that leaves your company putting out a lot of fires. The horror stories you hear about of a bad experience with a brand going viral across social media is a great example of this.

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BMI´s 55 pattern cards: ADD-ON

The BMI Lab Blog

Many companies, building both B2B and B2C products, allow their customers to pay for different features, apart from the core software. Pattern description. Add-on pattern card illustration.

What You Need to Know About Idea Software

Planview Spigit

Idea software is used to address many modern business challenges, for all types of organizations — including B2B and B2C companies, from brand new startups to established enterprises. What is idea software?

The Dwindling Shelf Life of Market Insights?—?And What To Do About It

New Markets Advisors

including both B2B and B2C customers?—?are The Dwindling Shelf Life of Market Insights?—?And And What To Do About It We often talk about how the world is changing faster than ever. Information can spread quickly, and people can learn about the next big thing in a matter of hours.

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The big challenge in business model development: How to systematically test your business model

The BMI Lab Blog

Most companies we have worked with have become excellent over the years in business model development – generating new business (model) ideas.

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How B2B2C Drives Digitalization and the Innovation of New Business Models

Innovation 360

To find a signal in all that noise, B2B companies have joined forces with B2C to form a new business model: B2B2C. bctt tweet=”To find a signal in all that noise, B2B companies have joined forces with B2C to form a new business model: B2B2C” username=””]. In the 1990’s, chess was often brought in as a useful tool for talking about advanced business concepts.

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Key Issues in Innovation Management – Revisited – Part 2

Tim Kastelle

In part 1 of this post , Ralph revisited key innovation issues that were already addressed by us three years ago.

What You Need to Know About Idea Software

Planview Spigit

Idea software is used to address many modern business challenges, for all types of organizations — including B2B and B2C companies, from brand new startups to established enterprises. What is idea software?

Why you should care about the Creativity Era

Innovation 360 Group

New customer mind-set, power of influencing other buyers’ opinion and higher expectations , easily communicated through social medias or other channels (TripAdvisor or Booking.com and their respective customer reviews are perfect examples of this revolution in B2C activities).

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From product to business model innovation: TICK, the laundry on demand service from Migros.

The BMI Lab Blog

It changed the customer dimension (from B2B to B2C), offers a new value proposition, leverages partners in a new value chain, and earns money with a new revenue model (pay per bag instead of pay per KG).

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Who is Your Customer?

Strategyn

In B2C situations, the decision maker and executor are more likely to be the same person. Before a company can become customer-centric, company managers must agree on exactly who the customer is. Gaining such agreement is not easy. When we ask company managers who their customer is, we typically hear, “We have many customers.” Often they add that customers include both “internal stakeholders and external customers.”.

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