Tuesday, December 10, 2013

Meshy Business

I think that my organization follows the similar traits of a "meshy" business.

Pm360online.com says that a mesh business has these four characteristics:
  • The core offering can be shared within a community, market, or value chain—including products, services, and raw materials.
  • Advanced web and mobile data networks track and aggregate data on usage, customers and products.
  • The focus is on sharable physical goods, including the materials used, which makes local delivery of services and products—and their recovery —valuable and relevant.
  • Offers, news and recommendations are transmitted through word of mouth, augmented by social network services.

Essentially, mesh businesses are businesses that cut out the un-necesary parts. An example the site gave was zipcar, which is a car rental service. It allows customers to pay a monthly fee to use a car only when they need it, instead of owning their own. My idea of a mesh business would be a food truck. They cut out the unnecessary parts of a restaurant which usually ends up costing the customer more in the end. Food trucks are perfect for large cities, especially those which are growing at a high rate such as Austin. The amount of people that are on the streets walking around daily is perfect for the convenience of a food truck. The reason I think my organization can be considered a mesh business, is because they were one for years before they transferred to a brick and mortar store.

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