The N26 Business Model – How Does N26 Work & Make Money?

Executive Summary: N26 is direct bank offering various financial products through its mobile application. Its main differentiator from traditional banks is a technology-first approach to banking, no physical branches, convenience of service, free accounts, and a transparent fee structure. The business model of N26 is based on charging private consumers or business owners for premium … Read more

Essential Customer Retention And Loyalty KPIs

“If you don’t appreciate your customers, someone else will.” Keeping your customers happy at all cost isn’t just some meaningless business advice, but should be at the core of any business operation. In fact, research shows that a 5 percent increase in customer retention can raise profits anywhere between 25 to 95 percent. Moreover, the … Read more

The SaaS Business Model – A Complete Guide

In 2011, venture capital investor Marc Andreessen published his famous article “Why Software Is Eating the World”. He boldly predicted that software will become an essential part of our daily lives. Over 8 years later, his predication became reality. Nowadays, software companies such as Google or Microsoft, are some of the most profitable and valuable … Read more

The Poshmark Business Model – How Does Poshmark Work & Make Money?

Executive Summary: Poshmark is a marketplace where merchants offer fashion related items to interested buyers. The company differs from other operators (e.g. eBay) by incorporating social elements, such as likes and followers, into the platform. Founded by three experienced entrepreneurs, the company makes money by charging a commission on every sale. Other channels of income … Read more