A business model is a description of how your business operate and make money. It is a detailed business plan a company use to reach the target.
Alexander Osterwalder, co-author of the book Business Model Generation, defines a business model as “a description of the value a company offers to one or several segments of customers and of architecture of the firm and the network of partners for crediting, marketing, and delivering this value and relationship capital, to generate profitable and sustainable revenue streams.” …show more content…
The Magazine can even claim that their magazine is read by all marketing managers in Singapore, which is true because it Is given for free. The magazine relies heavily on advertising and events hosted among the companies they considered as “partners.”
Rappler’s nature is considered as a technology company. It’s because it has built its own infrastructure to process and manage their content. Rappler also has a mood meter and their own data science operation. Rappler’s articles are organic; they also have an editorial freedom. Which really makes them unique. In fact, accessing their website, what’s embedded in Rappler’s DNA is the supremacy of editorial independence.
Rappler do accept advertising which they consider as partners; partners such as Globe Telecom and Pantene. Their approach to advertising is also through advertorial as opposed to the usual news companies.
Source: Rappler …show more content…
According to Thinking Pinoy, in the Rappler’s latest 2016 General Information Sheet (GIS) shows that it used the Industry Classification “Other Monetary Intermediation”, despite describing itself as a news company. And based on the International Standard Industrial Classification of All Economic Activities (ISIC), Rev 4. that the term “Other monetary intermediation” refers to the class that includes the receiving of deposits and/or close substitutes for deposits and extending of credit or lending funds. The granting of credit can take a variety of forms, such as loans, mortgages, credit card etc. The classification of financial service of Rappler’s provide that is stated in their GIS is “None of the above” and describing the nature of their business as property investment and development. Rappler’s nature of business becomes questionable as they work or their primary purpose is to develop and sell news, information, social network services through various delivery formats.
If you were to turn Rappler around, what best practices in media and in media-related technology can be used to make the company compelling and