Business Models
What is a Freemium business model
What is 25000000000 expressed in billions?
25 billions
What is 1 trillion in comparison to 1 billion?
1 trillion is 1 billion multiplied by 1 000
Which category of people are the most prone to risk?
- teenagers
- males
- people who grew in very good economic times
- people who never experienced any financial difficulty
What is a Licence business model?
The average temperature in Bishkek in May is of 18°C and of 23°C in June, what is the evolution percentage of the temperatures?
((23-18)/18)*100 = 27.77%
What is the evolution percentage formula?
((final value - initial value) / initial value) *100
My own things are worth more
What is an Affiliate business model?
Knowing that there are 1.138 million people in Bishkek and 536,851 people used the city buses, what is the market penetration rate of the public buses?
(536,851 / 1,138,000)*100 = 47.175%
What is the market penetration formula?
number of customers * target market size
What is FOMO?
Fear of Missing Out
What is an Aggregator business model?
2020 has 1489 / 2021 has 1564 /2022 has 1759 / 2023 654 / 2024 2987
Calculate the CAGR between 2021 and 2023?
((654/1564)^(1/2))-1)*100 = -35,34%
What is the formula of the compound annual growth rate?
((((final value / initial value)^(1/period of time)) -1) *100
What is the loss aversion effect?
You do not want to miss any opportunity
What is the difference between a subscription and a freemium business model?
One kg of lemon costs 80 soms, and 30 soms for its transportation Tashkent-Bishkek), the Dordoi Bazar merchant will then resell it at 130 soms for 1kg. What is his profit margin?
selling price = 130 soms
cost of one unit = 80+30 = 110
(130-110 / 130) * 100 = 15.4%
What is the profit margin formula?
((selling price - cost of one item (inital cost + expenses)) / selling price) * 100
What is the sunk-cost fallacy?
The previous investment in time, energy, money in a project/relationship makes you want to continue until the end even though if you should maybe stop