23 profit models
reading a book The Art of Profitability, by Adrian J. Slywotzky. I am reading the book’s chinese translation. this book is organized as 23 lessons (stories) among the lecturers Zhao and a rising star steve, each covering one model of profitability. It is a fun book to read.
all profit models mentioned are targeting some area of business focus. for example the Pyramid Profit model talks about covering a broad range of customer needs, the ones at the bottom of the pyramid are the most basic ones that has a very low profit margin, while at the top are high end of the same product, focusing on more luxury need. the bottom supports the top and the top makes the bottom investment really payoff. it is more like creating a culture with your product and forming a generation of followers. such as the babie baby, etc