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Briana Arrocena - A01781944Edoardo Carranco - A01781902José María Serrat - A01782281

Business Model Patterns

Activity 2.2

Business Role in Society

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The Business

Our advantages and challenges

Artist

Coldplay

Coldplay

Viva La Vida

Hypothetical Company

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Artist

Avicii

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Kanye West

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Pato Shoucair

Artist

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Kanye West

The Life of Pablo

Pato Shoucair

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Group 2

Our advantages and challenges

Hypothetical Company

Advantages and challenges

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Hypothetical Company

Our challenges and advantages

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Group 2

Our advantages and challenges

Hypothetical Company

Advantages and challenges

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PLAYLIST

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Business Role in Society

• 5,857,376 likes • 1 topic, 3 minutes

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Avicii

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In 2006, Spotify launched a free online music service to compete against freely available, pirated music. It's main revenue source comes from users upgrading to a premium subscription.

Our advantages and challenges

Background

Business Pattern

Advantages and challenges

Hypothetical Company

PLAYLIST

Business Pattern

Business Role in Society

• 5,857,376 likes • 1 topic, 3 minutes

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Innerbloom

Spotify is a music streaming platform that gives users access to a large catalog of music. It uses a freemium revenue model that offers a basic, limited, ad-supported service for free and an unlimited premium service for a subscription fee.The particularity of the freemium model is that you need to be able to cover the costs of free and paying users. Spotify's user base grows to over 248 million users in 2019 for which it needs to pay royalties. Of those users, 54% consume (limited) music for free.

Our advantages and challenges

Hypothetical Company

Advantages and challenges

Business Pattern

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PLAYLIST

Advantages and challenges

Business Role in Society

• 5,857,376 likes • 1 topic, 3 minutes

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Pato Shoucair

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Advantages: free access to music, worldwide recognition, agile organizational structure, large user base, ability to innovate and flexible financial position.Challenges: licensing deals, lack of differentiation on music content and actual competition (Apple music).

Our advantages and challenges

Hypothetical Company

Advantages and challenges

Business Pattern

Background

PLAYLIST

Hypothetical Company

Business Role in Society

• 5,857,376 likes • 1 topic, 3 minutes

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Kanye West

The Life of Pablo

To implement a new platform of music streaming, as different of other music streaming platform our idea is based on gathering the strengths of the other platforms and ad new ones, some of our ideas is to pay more to the artists, giving the opportunity for new artists to be outstanding, giving better quality to users, give the option to see the video clip of the songs, a better format of downloading your favorite albums.

Our advantages and challenges

Hypothetical Company

Advantages and challenges

Business Pattern

Background

PLAYLIST

Our advantages and challenges

Business Role in Society

• 5,857,376 likes • 1 topic, 3 minutes

Library

Search

Home

Coldplay

Viva La Vida

Advantages: better audio quality, better relationship with artists, better way of exploring your imagination, as well as a super intuitive plataform.Challenges: to compete on an oligopoly.

Our advantages and challenges

Hypothetical Company

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Sources

Aug 30, 2024Aug 30, 2024

1 Strategyzer. (2023). Spotify. https://www.strategyzer.com/library/spotify-business-model#:~:text=Spotify%20is%20a%20music%20streaming,service%20for%20a%20subscription%20fee. 2. Sletten R. (2021). Spotify: Strategic Plan and Analysis. https://scholarworks.umt.edu/cgi/viewcontent.cgi?article=1346&context=utpp#:~:text=The%20strengths%20of%20Spotify%20are,innovate%2C%20and%20flexible%20financial%20position.&text=The%20weaknesses%20of%20Spotify%20are,of%20differentiation%20in%20music%20content.

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