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Business Model Design and Learning
book

Business Model Design and Learning

by Barbara Spencer
February 2013
Beginner
148 pages
3h 39m
English
Business Expert Press
Content preview from Business Model Design and Learning

Building and Leveraging Customer Relationships

Unlike Netflix, RTR irrefutably incorporates customers into its business model. The firm strives to build an ongoing relationship with young women, from high school prom days through college and beyond and to provide them with an introduction to Alice & Olivia, D&G, ­Missoni, Diane von Furstenberg, Trina Turk, and other designers, who will assist them on the way.20 It places a heavy emphasis on marketing to college campuses and a few elite prep schools, which comprise about 25 percent of the company’s business, and are a big source of its growth.21

A key process related to building customer relationships involves recruiting a network of approximately 150 “runway representatives” at 50 college campuses ...

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Publisher Resources

ISBN: 9781606494868