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Business models innovation based on crowds: a comparative study


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Figure 1

Threadless key building blocks
Threadless key building blocks

Figure 2

Threadless network effect mechanism
Threadless network effect mechanism

Figure 3

iStockphoto key building blocks
iStockphoto key building blocks

Figure 4

Quirky business model’s key building blocks
Quirky business model’s key building blocks

Commonalities between business models

Shared key building blocksNot shared key building blocks
BrandPartnersCorporate cultureChannels
ThreadlessCustomer relationship (CR)x
iStockphotoCommunity (KR)Xxx
QuirkyCommunity nurturing (KA)x

iStockphoto Business Model Canvas, right side

VPCRCS
– Photographers: “allowing flexibility in terms of photo subject, work place, and time– Transparent– Photographers
while providing access to a vast client database.”– Supporting– Organizations
– Organizations: “provide royalty-free, inexpensive but good quality and legal
photographs, in a quick sale.”C
Forum
iStockalypses
RS Photo sales (60%–80% photo price)

Quirky Business Model Canvas, left side

KPKA
Online and traditional retailers (Bed Bath & Beyond, Radio Shack, Amazon, Auchan)– Product prototyping
– Ideas evaluation
– Industrial design
– Community-related
KR
– Community
– Employees
– Corporate culture
CS: high cost Manufacturing, prototyping, engineering

Threadless Business Model Canvas, right side

CR
– Community-driven (fun, exciting, and transparent)CS
– Designers
C– Community buyers
– Online (Threadless.com newsletter)– Plain buyers (5% of total buyers)
– Offline (own store and headquarters, partner stores)
RS
Product sales

Threadless Business Model Canvas, left side

KPKAVP
– Retailers (Bed Bath and Beyond, Gap)– Logistics and order fulfillment– For designers: “show your designs to an exciting community who will rate it, with a chance of producing it on a garment.”
– Design partners (Absolut, Thermos, Dell)– Community catering – For buyers:“get clothes that are particularly strong on the artistic side and that you helped create.”
KR
– Community
– Brand community
– Platform
CS
Low cost model

Quirky Business Model Canvas, right side

VPCRCS
– For the innovators: “offer those who have a consumer product idea theFun, personal and partner-like– Inventors
opportunity to bring it to market.”community– Influencers
– For the influencers: “get your expertise and ideas turned into money and respect.”C– Buyers
– For the buyers: “receive untypical solutions to everyday problems.”Deep and extensive interaction
RS
Product sales

iStockPhoto Business Model Canvas, left side

KPKA
– Related to photography– Community nurturing
– Getty– Quality control
– Platform
KR
– Community
– Platform
– Brand
CS
Platform-related
eISSN:
2543-5361
Sprache:
Englisch