Sworkit is a digital health and fitness company based in Bethesda, Maryland. Founded in 2012, it provides customizable workout plans and resources that allow people to adopt and maintain a healthy lifestyle. Their workout offerings are a combination of strength, cardio, yoga, and stretching with some tough nutrition challenges to help people stay fit. The Sworkit app has 10 million registered users with an average rating of 4.5 on iOS and Google Play stores. As of May 2021, the fitness company has worldwide revenue of $90K.
How Sworkit Works: Business Model and Revenue Streams
Understanding the Cloud Kitchen Model
When the COVID pandemic hit the world, nobody could gauge the magnitude of devastation it would cause businesses. Amongst the various sectors that were grossly affected by COVID-19 was Food & Beverage. The global lockdown resulted in the shutdown of restaurants and other eateries, which consequently gave rise to new foodpreneurs and viable concepts that could let the people enjoy their favorite delicacies at home. One such concept is ‘Cloud Kitchen’ and experts could foresee it as the future of the food industry.
5 On-Demand Services that are on the Rise during the COVID-19 Pandemic
COVID-19 pandemic has marked a downfall for several businesses and individual lives globally. Finance, retail, hospitality, travel are some of the industries that have been drastically impacted by the coronavirus outbreak. Moreover, the measures taken to prevent the spread of infection- lockdown and social distancing put the primary livelihood at a halt.
Live Video Streaming Apps: How they are Changing the eLearning Game?
COVID-19 has introduced us to what was known as the ‘Virtual World’ and now is the reality we live in. The at-home workout sessions inspired virtual fitness studios, on-demand streaming apps encouraged virtual movie theatres, team collaboration tools created virtual workspace. Similarly, the eLearning platforms have created virtual classrooms that have been strongly backing the education system during the COVID-19 outbreak.
The Rise of Over-the-Top (OTT) Apps during COVID-19 Outbreak
Despite COVID-19 bringing many lives and businesses to halt, there are several tools and apps that are helping to escape the challenges. We can say, Over-the-Top apps are one of them.
How BlaBlaCar works: Business Model and Revenue Streams
How much does it cost to build a carpooling app like BlaBlCar? What are the must-have features and functionalities in an on-demand ride-sharing app? Which technology is best suited for developing a carpool app like BlaBlaCar?
How Postmates Work: Business Model and Revenue Streams
Since its launch in 2011, Postmates has been a great success, with currently serving more than 100 cities in the USA. Major brands such as Apple, Starbucks, and Mcdonalds have collaborated with this unique business model of delivering goods through a network of couriers.
Hyperlocal Marketplaces: Redefining On-Demand Delivery Model
Thanks to the proliferating on-demand economy, there is a convenience in how people hail a taxi, book a room, and even buy prescribed medicine. The idea of delivering essentials at the doorstep is gaining grounds and businesses are cash in on it.
How Chatbots are Shaping the On-Demand Services
Chatbots are renewing the way businesses interact with customers. By offering instant, on-demand assistance, chatbots are fostering engagement between brands and their customers.
By 2019, 20 percent of brands will abandon their mobile apps. - Gartner | Click to Tweet
How Zillow Works: Business Model and Revenue Streams
How to develop a real estate marketplace like Zillow? How to build a real estate and rental database like that of Zillow? It’s free to browse properties in Zillow. How does the real estate search engine make money?