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What is a business model?

A business model describes the fundamental elements of a company, such as its customers, its products or services, its revenue sources, and its cost structure. It is a strategic tool that helps companies identify, plan, and track their profitable business activities. A business model can also help a company differentiate itself from the competition and gain a competitive advantage.

What is a digital business model?

A digital business model is a type of business model that involves exchanging goods or services through digital platforms such as the internet, mobile app or any other digital medium. This type of model is becoming increasingly popular as digital technology becomes more prevalent and businesses look for ways to reach a wider audience. Examples of digital business models include digital marketplaces, subscription services, e-commerce stores and software-as-a-service (SaaS).

What is a proof of concept (PoC)?

A proof of concept (PoC) is a test that serves as a demonstration of the function and feasibility of a particular concept or design. It is a prototype that tests an idea or concept in a limited environment to prove that it works. A PoC can also be used as a test to prove that a particular technology or design works in a particular environment.

What is a business startup?

A startup is the process of establishing a business in which an individual or group of individuals establishes a business to provide a product or service. It can also be considered as the process of setting up a business or enterprise in which an entrepreneur or group of entrepreneurs establish a business with the aim of making profits.

What is a direct contact?

A direct contact is a person to whom you can turn when you need help or information. A direct contact is usually someone who is directly related to a particular issue and who is able to answer or help.