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The business model of Planet Fitness works on an ideology of having a Judgement Free Zone where members can experience a non-intimidating environment. This article talks about the strategy that has been the backbone of the growth and evolution of Reliance Industries Limited – Backwards Integration. Is ‘Michelin Star’ by the same Michelin that sells tires, yes, it is! But Why? How a tire company evaluations became most coveted in the culinary industry? Brands and movies have had a long-standing relationship. This relationship between a Brand and Movies is called Product placement or In-film advertising. What business model and marketing strategies made Bumble a huge success in the market with zillions of dating applications. What is it’s differentiating factor? Kidzania Business Model has not only changed the way kids see enertainment parks but also the way brands associate and market. How? IDEO excelled in using design thinking strategy in complicated products to simplify deliverables that could be worked on in excruciating detail. The business model of Planet Fitness works on an ideology of having a Judgement Free Zone where members can experience a non-intimidating environment. Yelp is not just a platform for reviews on businesses. Rather its a data-rich company with a large advertising platform. But what is Yelp’s business model and how does it make money? In today’s increasingly unpredictable world, a once-a-year approach to hiring plans no longer aligns with an organization’s ability to adapt, evolve, and even survive. Companies that rely only on this outdated “strategy” do so at their own peril. News & Trends
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