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Business Model of Tickle.Com
A business model consists of key ingredients such as :
Value Proposition
Revenue model
Market opportunity
Competitive Environment
Competitive advantage
Market stratergy
Organisational development
Management team
Revenue model :
Tickle made money in three ways:
Advertising revenue
Subscription revenue :
customers who signed up for its expanded testing service which
for instance, detailed personal assessments that was available only to
subscribers.
subscription revenue from its online dating service.
Market opportunity :
Basically targeted at Students and Professionals
Segment.
Competitors:
Initially there were no competitors but later it
had some networking and match making sites
such as Match.com to compete with.
Competitive Advantage:
• Good amount of publicity
• High Investments from outside
• Adopted new methods of self assessment
tests to attract more people
• Maintained good relationship with their
venture capital firms – paid creditors as fast as
possible
Marketing Strategy:
Affliate Marketing
Viral Marketing
Word of Mouth
Direct Marketing expertise
Management Team:
HBS graduates
• In the HBS incoming 1998 January class, there
were seven students from New Hampshire.
One was James Currier. Another was Rick
Marini, who would become the co-founder of
the company.
Change in business model