Business Model Generation Essay Example | Topics and Well Written Essays - 1500 words

Business Model Generation - Essay Example One of them includes the platform for socialization by individuals. Most individuals use Facebook to socialize by connecting to new people around the globe, getting new connections and ideas from other online friends. Creation of such platform has enhanced Facebook use. The Facebook platform is also used by most organizations for advertising & product promotion of their products. They use the platform to create awareness of the new product in the market or increase the clientele for the new products already in the market. Customer Relationships This involves the connections between the organization and their clients. It highlights that individuals get involved in Facebook and how the Company wins their spirit to continue holding them (Lillqvist & Salminen, 2015). One way in which individuals join Facebook is through creating a personal account and updating a profile. This process is free, and therefore individuals can easily access it. The Facebook facility is easily available and ac cessible from individuals comfort through their phones; computers and tablets.The services provided by the Company are also very favorable and affordable besides being of variety. The Partnerships These are other sites that work in partnership with the Facebook Company in creating a larger platform for activities. These partnerships help increase the client base and provide opportunities that help connections and ability to share. Individuals can connect through LinkedIn and share ideas through Facebook.