
Disruptive Business Models
Disruptive business models refer to innovative approaches that significantly change how industries operate, often by offering simpler, more affordable, or more convenient solutions. These models typically start by serving niche markets and gradually improve until they challenge established companies. For example, streaming services like Netflix disrupted traditional cable television by providing on-demand content at lower prices. This shift forces existing businesses to adapt or risk losing customers. Disruptive business models highlight the importance of innovation and efficiency, reshaping consumer behavior and market dynamics.