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To help builders of all kinds with their data monetization strategies, I’ve broken the process down into six steps, each using data to achieve an outcome that is critical to business success. A productive business case will have specific data for anticipated profit and loss and build toward an expected breakeven point.
Distance from airport breakeven distance : Uber has calculated that on a purely distance-based comparison, ridesharing using current helicopter technology could out-perform a taxi in terms of cost after a given distance. This data could then be used as a vital input to developing their market entry strategies.
Other money-making strategies include adding users in a per-seat structure or achieving price dominance in the market due. This strategy will ultimately increase sales, and prove a competitive advantage. Revenue growth can take a variety of forms. The latter is due to value-added functionality.
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