Business Model Innovation by Business Models Inc. Training Summary
Abici
Transcript of Abici
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CASE STUDY 5
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Innovating thinking by sell bicycle in terms of deign and art.
Innovating promotion by organizing parties & trade shows instead of normal advertising.
Co-branding partnership to distribute and promote their brand.
Retro look and design.
instead of global recession Niche position in high end segment leads the bicycle sales increase by 25%.
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Company could not create sufficient distributer.
Lack of general understanding of the competition and market condition.
Conflicting of decision regarding importing
of raw material.
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Company should purchase some component from other country.
company should increase margin.
Company should create brand image of its own .
Company should go for automation,which will be profitable for long run.