Business model matchmaking

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It might be hard to imagine or remember, but there was once a time when going on a date with a stranger you met online was a strange concept—frowned upon, even. Today, however, millennials have led the charge on transforming the dating industry and making online dating universally accepted. If you continue to have doubts, consider that there are now over 1, dating apps or websites looking to draw single men and women to their product, and to match them with one another. Though matchmaking is one of the oldest industries in existence, online matchmaking is now having a moment of its own.

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The company develops a product or standardized service and sells it to customers.

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It used to be that business value was mostly tied up in tangible items: physical and financial assets, property, equipment, etc. But now, investors and companies are putting more emphasis on digital assets, including investments in big data, Internet of Things, mobile technologies, and social media, to name a few. This shift is also being felt in the types of business models that have appeared — and in the ones that are showing the most promise. According to Deloittethere are four main business models into which almost any business fits, regardless of industry or niche.

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