In this episode of the Tech Strategy Podcast, Jeff Towson delves into the dynamic landscape of access vs. ownership businesses, highlighting how companies are reshaping consumer behavior and redefining market norms. From transportation to accommodation, the sharing economy has paved the way for disruptive innovators, challenging conventional ownership models and transforming industries at a rapid pace. Tune in to explore the strategies behind these disruptors and gain insights into the future of access-based business models.
Category Archives: Mobike
5 Questions for Identifying Disruptive “Access Businesses” Such as Uber, Didi, and Airbnb (2 of 2) (Tech Strategy)
Companies like Uber, Airbnb, Didi, and Mobike have disrupted traditional business models. These digital disruptors use innovation strategies that leverage smartphones, mobile payments, and low prices to redefine convenience and supply. By answering five critical questions, digital strategy consultant Jeffrey Towson details their competitive advantages and impact on consumer behavior.
Forget the Term “Sharing Economy”. Think Access vs. Ownership Businesses. (1 of 2) (Tech Strategy)
In Jeff Towson’s insightful analysis, discover why labeling Didi, Mobike, and others as part of a “new” Chinese sharing economy is misleading. These market giants are not pioneering a novel concept but rather embody classic disruptors, reshaping traditional industries with their innovative models. Understanding their strategies is crucial in decoding the dynamics of China’s ever-evolving market landscape.
3 Simple Rules for Digital Transformation and Disruption (Tech Strategy – Daily Article)
Digital transformation is about using technology to change the way businesses operate and interact with customers. To succeed, companies need to focus on innovation, customer experience, and data-driven decision-making. By following these three rules, companies can position themselves for success.
Why Ofo Failed. And Why Luckin Coffee Came Back. (Tech Strategy – Daily Article)
Delve into the reasons why Ofo, once a promising bike-sharing company, failed in the competitive Chinese market. This article offers a detailed examination of the factors contributing to Ofo’s spectacular rise and subsequent fall. Gain insights into the complexities of operating a business in China and the lessons that can be derived from Ofo’s experience.
Companies Can Have Digital Superpowers: Lazada vs. Grab. Luckin vs. Hellobike. (Tech Strategy – Podcast 37)
In this class, Jeffrey Towson discusses how companies can develop digital superpowers to gain a competitive advantage. He compares and contrasts four companies in Asia that have successfully used digital technology to transform their businesses: Lazada, Grab, Luckin Coffee, and Hellobike. Towson argues that digital superpowers can be used to dramatically improve the user experience, enable a platform business model, create network effects, or provide other competitive advantages.
The Next Big Trends in Chinese E-Commerce (Jeff’s Asia Tech Class – Daily Lesson / Update)
There was an interesting report about China ecommerce trends released by Coresight Research, which specializes in retail meets tech consulting. It’s run by Deborah Weinswig, who I’ve crossed paths with a few times in the last couple of years. I find their research to be very data-driven and generally close to my own thinking. So […]
HeyTea Becomes a Tech Co? Demand for Luckin vs. Mobike (Daily Update – Jeff’s Asia Tech Class)
A couple of topics for today. About how all business begins and ends with the customer.HeyTea and Why You Have to Thrill Your Customers.There was an interesting article last week about retail tea company HeyTea – and their rumored funding round at a price of 16B RMB ($280M). HeyTea is a popular and growing chain […]
Why Did Ofo Fail? What Should They Have Done? (Tech Strategy – Podcast 8)
Jeffrey Towson discusses what Ofo could have done to avoid its downfall. He argues that Ofo made a number of strategic mistakes, including burning through too much cash, expanding too quickly, and failing to innovate. Towson believes that if Ofo had taken a more conservative approach, it might still be in business today.
Will Luckin, Mobike, Didi or WeWork Ever Be Profitable? (Tech Strategy – Podcast 6)
Jeffrey Towson argues that Chinese startups like Luckin Coffee, Mobike, Didi Chuxing, and WeWork are facing increasing challenges. He says that these companies are facing more competition, regulatory scrutiny, and rising costs. As a result, it is unclear if these companies will be able to achieve profitability in the long run.