Posts Tagged ‘ business model ’

JC Penney―Reinventing itself again?

February 10, 2014
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JC Penney―Reinventing itself again?

Once again, JCP is fiddling with its long term strategy.  In January, the company announced that it was closing under-performing stores and reducing its workforce. Additionally, it is returning to a commission-based sales system in the window coverings, furniture and fine jewelry departments, but not in the other departments.  In 2012, it eliminated the commission…

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Surviving the century mark―sustainability in play

August 1, 2013
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Surviving the century mark―sustainability in play

Color, smell, and branding all play a part in the successful story of Crayola LLC, formerly known as Binney & Smith Company.  Crayola, LLC is a subsidiary of privately held, Hallmark Cards, Inc. since 1984 and continues to exploit the Crayola brand. Started by two cousins in 1885, the company began with making colorants for…

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From idea to sustainability―Caretotell

April 8, 2013
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From idea to sustainability―Caretotell

Patient satisfaction surveys haven’t changed much since the last century.  Paper and pencil is still the most common way to get the job done. Research shows a positive correlation with both revenue and patient satisfaction for those who do conduct these surveys. Few medical practices today, however, are conducting these surveys. Doctors complain that the…

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Crowd sourcing the business model

March 11, 2013
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Crowd sourcing the business model

Threadless started in 2010 in Chicago as both an online and brick & mortar business that retails custom-printed merchandise.  Customers vote on artist designs that are posted in a weekly competition.  The ten selected designs are printed on the various products, returning cash and company gift cards to the artists based upon the number of…

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Cooperative selling business model

August 1, 2012
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Cooperative selling business model

Michael Golden, co-founder and former CEO of Shoprunner, discusses the Shoprunner business model.  Based upon consolidation of back-office activities, Shoprunner’s multichannel retail collaboration program brings together a consortium of retailers on one website to which consumers subscribe for access to cross- shopping and delivery.  Recently, Golden was replaced by former Yahoo! CEO, Scott Thompson.  The…

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Shifting the buyer utility map in the auto trade industry

January 26, 2012
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Shifting the buyer utility map in the auto trade industry

TrueCar claims to be an “automotive solutions provider.”  Like many of its competitors, TrueCar provides car sales data online.  With an impressive list of data providers, TrueCar charges dealers at the time the TrueCar customer lead becomes a confirmed sale.  The TrueCar-dealer contractual arrangement guarantees that dealer quotes are honored.  The seeming transparency of their…

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Shifting competitive space in broadband

December 8, 2011
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Shifting competitive space in broadband

  The end of year holiday shopping season offers a plethora of competing data-consuming techie gadgets, all of which depend upon the availability of reliable broadband service, in order to function to their fullest capacity. The major cable broadband service providers originally charged flat fees for service, but now must consider both the impact the…

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A new take on social venturing models

May 19, 2011
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A new take on social venturing models

Sparked, a micro-volunteering network, provides online opportunities for “buyers and sellers” to meet and negotiate a service contract. Their unique “challenge-matching engine” offers a selection of non-profit organization needs personally adapted to registered service providers. The listed needs are short term projects, designed to take less than two hours for completion. While the current fee…

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