Shaadi.com, an online matchmaking service, is an example of which start-up model? For start-up success, what must be a core technical competence?
Understand the Problem
The question is asking to identify the start-up model of Shaadi.com and another regarding core technical competencies necessary for start-up success. This involves recognizing the service approach of a matchmaking site and understanding business competencies required for launching a successful start-up.
Answer
Subscription-based business service model; Innovation and Creativity.
Shaadi.com is an example of a subscription-based business service model. For startup success, innovation and creativity must be a core technical competence.
Answer for screen readers
Shaadi.com is an example of a subscription-based business service model. For startup success, innovation and creativity must be a core technical competence.
More Information
Subscription models generate recurring revenue. Innovation keeps startups competitive and adaptable, helping them meet evolving customer needs.
Tips
Confusing business model types is common. Recognize subscription revenue models distinct from other digital services.
Sources
- Shaadicom an online matchmaking service is an example of the... - coursehero.com
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