The FitOn Business Model – How Does FitOn Make Money?

Executive Summary: FitOn is a personalized fitness application on which trainees can find workout and meal plans as well as guided meditations. FitOn makes money via subscription fees, a corporate wellness program, as well as from selling its own branded fitness gear. It operates under a freemium business model. Founded in 2018, FitOn has quickly … Read more

What Happened To CNN+? Why Did It Fail?

Executive Summary:  CNN+ was a premium streaming service from the namesake news station that could be accessed by paying a subscription fee. CNN+ failed because of low subscriber numbers, extensive cost projections, a change in leadership, competition, and shifting strategic goals at Warner Bros. Discovery. What Is CNN+? CNN+ (spelled CNN Plus) was a premium … Read more

How Does PayBright Make Money? Who Owns It Now?

Executive Summary: PayBright is a FinTech company that provides ‘Buy Now, Pay Later’ solutions to both customers and merchants. PayBright makes money by charging a variety of different fees to both customers as well as merchant partners. Founded in 2009, the company has managed to become one of Canada’s leading consumer financing providers. PayBright was … Read more

The Vestiaire Collective Business Model – How Does Vestiaire Collective Make Money?

Executive Summary: Vestiaire Collective is a fashion resale platform that allows users to purchase mostly used luxury clothing, shoes, and accessories. Vestiaire Collective makes money by charging fees. Those fees have to be paid by sellers when they successfully sell something on the platform. Founded in 2009, Vestiaire Collective has grown to become one of … Read more