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  2. The term business model refers to a company's plan for making a profit. It identifies the products or services the business plans to sell, its identified target market, and any anticipated expenses.
    www.investopedia.com/terms/b/businessmodel.asp
    www.investopedia.com/terms/b/businessmodel.asp
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  3. People also ask
    What is an example of a business model?Examples: This business model is most common among companies that sell physical products. Printers that require a specific type of ink or water pitchers that require a specific type of filter are examples of the razor blades model. There is no one-size-fits-all business model.
    What is a business model?A business model is a company's core strategy for profitably doing business. Models generally include information like products or services the business plans to sell, target markets, and any anticipated expenses. There are dozens of types of business models including retailers, manufacturers, fee-for-service, or freemium providers.
    What is a conceptual business model?Companies that require concepts and ideas to create unique or innovative products can benefit from a conceptual business model. This type of business model typically involves research to develop new ideas. Example: A car company creates a conceptual model of a new car to be introduced in the market.
    What are the different types of business models?Retailers interface with their clients and sell goods, though retails may or may not make the actual goods they sell. What Are the Main Types of Business Models? Retailers and manufacturers are among the primary types of business models. Manufacturers product their own goods and may or may not sell them directly to the public.
     
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