In the evolving world, we are seeing 6 new business models emerge across the retail industry. Each one is driven by sustainability, with a particular focus on improving the environmental aspects. However, each business model also comes with their own challenges and impacts to the existing operating model. Join Oliver Banks to explore and understand these 6 business models that are becoming increasingly popular in the retail space.
Listen to this episode of the podcast to hear:
- Why “new” is not necessarily always new.
- The similarities and differences between the different models.
- The key challenges that you’ll need to resolve in order to realise each new business model.
Get in touch with Oliver
Did you want to share which business model was most exciting for you? Or do you want to share which one(s) you’d like to know more about? Oliver would love to hear from you.
Reach out and connect with Oliver Banks on LinkedIn. Remember, please mention that you’ve been listening to the podcast too!
Also, you can email via oliver.banks@obandco.uk.
Further listening from the Retail Transformation Show
If you enjoyed this episode, discover these other episodes. Starting with episode 174: What To Do When There Is No Right Answer. If you’ve listened to these new business models and are not sure what you should focus on, then this is a great episode to help you find the right way forward.
Also, listen to episode 160: Stores Vs Online – Which Is Best? Discover what really matters in this podcast episode – and perhaps it could also help inspire you to make a decision about your next business model.
If you are interested in the circular economy, then listen to Oliver Banks’s conversation with Karen Bendell in episode 136: Understanding The Circular Economy.
Were you intrigued by the data aspects from this episode? If so, there are plenty of data episodes to check out too. And why not start with episode 119: How To Do Predictive Modelling. But you may also want to check out podcasts 120 to 124 which all have a similar data theme too.