Overview
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Michel BARTH: President, ENoving, Strategy and Innovation
INTRODUCTION
"Who pays" is a central question when rethinking a business model for a product or service offering.
In most cases, this question is limited to determining the selling or subscription price. In some cases, a "free" service model financed by advertising is adopted. Habit often guides choices.
In fact, a more analytical approach to the revenue model is potentially a source of new value-creating ideas, especially when several categories of direct and indirect service beneficiaries can be identified. To do this, company management will first need to identify :
the players and their roles ;
the contribution of each stakeholder group.
It will then be possible to make the best choice of revenue model, after imagining the various possible options:
make the revenue model a factor in differentiating the offering;
make the revenue model a barrier to entry;
optimize the type of revenue model.
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Who pays? A key question for reinventing the innovation business model
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