Disruptive Business Model: Bangladeshi Perspective (Chapter 1)

The world is repeatedly altering However the core profit stays the identical. Although the presentation of the services or products has modified and extra growth is occurring. As soon as Letter was the one technique of enterprise communication however now companies are utilizing e-mail as it’s extra environment friendly than the earlier mediums. Expertise has shifted the manufacturing paradigm and the way in which it was used. Now, we’re going to learn about some disruptive enterprise fashions in Bangladesh.

1. Pathao: Changed conventional non-public transportation hassles

Consider a state of affairs the place you’ll want to present up for a job interview and you don’t have any possibility left however CNG or TAXI. So once you go for a CNG or TAXI that CNG or TAXI uncle asks for unfair fare and typically he could refuse to go to your required place. At the moment it’s not straightforward for everybody to regulate his or her mood. Once more, Perhaps you’re going to go to a relative’s place however because of the CNG drivers, you wasted your half to at least one hour standing on the street. This was annoying and irritating. And this was occurring until 2015. And eventually, in mid-2016, Pathao determined to introduce on-demand bike rides. Pathao got here for the rescue. Pathao is a ridesharing firm that has primarily adopted the “ disruptive enterprise mannequin”. So the way it works? First, set up the Pathao app on a smartphone and create a web-based Pathao account. When you want a journey, use the app to inform pathao about your pickup location(The GPS of your smartphone will assist on this case). And inside couple of minutes your journey will await you subsequent to your property. It saves your time and vitality and gifted you hassle-free transportation service.

2. BKash: Changed the standard cash transferring system

In early occasions transferring cash from one place to a different was very difficult. However now it’s only a matter of contact. And that is made potential by Bkash which is a subsidiary of Brac Financial institution. The place Lower than 15% of Bangladeshis are linked to the formal banking system whereas over 68% have cell phones. (bkash) Bkash has gained great reputation in Bangladesh in a short while. So the way it works? Quite simple you possibly can open a bkash account in opposition to your cellphone quantity and do your transaction with different accounts from anyplace. This has made a revolution in Bangladesh each enterprise and people having fun with its profit.

On this article, I’ve tried to introduce you to Pathao and Bkash. Within the upcoming articles, I’ll elaborate on their enterprise mannequin, enterprise technique, and different elements. I can’t make you await lengthy, until then keep protected and provides time to your family members.