Revenue Streams Research Articles

APA names Guillermo Corea first chief business innovation and growth officer

The American Psychological Association (APA) has named Guillermo Corea as its first chief business innovation and growth officer, responsible for developing and leading new revenue generation strategies for the association and its affiliated APA Services Inc. Corea has more than 25 years of experience in business development, marketing, partnerships and strategic management. “APA welcomes Guillermo to this critical new position, which will involve identifying and diversifying revenue for the association, alliance building and business development,” APA CEO Arthur C. Evans Jr., Ph.D., said in announcing the appointment. “He brings a stellar record that includes launching new operations and expanding revenue streams in his prior positions.” Corea most recently served nine years with the Society for Human Resource Management (SHRM), first as director of digital media and business devel‐opment and later as managing di‐rector, workplace innovation lab and venture capital. While there he launched an impact investment vehicle, new business lines and products, and he expanded SHRM's e‐commerce revenue.

How the commercial virtual care industry gathers, uses and values patient data: a Canadian qualitative study

ObjectivesTo understand and report on the direct-to-consumer virtual care industry in Canada, focusing on how companies collect, use and value patient data.DesignQualitative study using situational analysis methodology.SettingCanadian for-profit virtual care...

Perbaikan Proses Bisnis Keripik Pisang menggunakan Lean Business Model Canvas di PT. Dwihanz Sinergi Utama Sidoarjo

Banana chips are one of the popular processed fruit products in foreign markets, such as in Australia, Singapore, and New Zealand. Research to improve optimal business processes. The research procedure reduced data through the analysis of interviews with five informants using BMC and LBMC to find the root of the problem as a guide. On improving business processes with the power of LBMC, the priority here is to find activities that are minimum mandatory to form value for customers. Revenue streams at LBMC include direct sales through its website or physical stores, wholesale partnerships with health food stores, gyms, and gyms, online marketplaces like Amazon or Shopee, as well as collaborations with airlines, hotels, and other hospitality businesses for in-flight snack options. This research contributes to the understanding of business process improvement in the food industry by providing practical insights in identifying customer segments, channels to reach them, cost structures, and revenue streams

BUSINESS MODEL CANVAS (BMC) ANALYSIS IN JUDES CHICKEN RESTAURANT PALEMBANG

Many aspects of daily life, particularly in the professional sphere, have been altered by the worldwide shift toward digital technology. Data Reportal, a research firm, said on its website that as of early 2022, 73.7% of the Indonesian population has access to the internet. When it comes to a company's digital growth, marketing on Instagram is a viable option. The goal of this design is to help grow the market for Palembang's Judes Chicken Restaurant on Jl. Puncak Sekuning by utilizing Instagram and a website built with the help of SWOT (Strength, Weakness, Opportunity, and Threats) and BMC (Business Model Canvas) analysis. Based on the research results, the customer segments of the Judes Chicken Restaurant in Palembang are all genders aged 10 years and over. The value proposition is the unique taste of chili sauce at an affordable price. Customer relationship, namely maintaining the taste of the product and holding promotions every month. Channel, namely implementing promotions on online applications. Revenue streams are cash and credit payments. The key resources owned are the production site, equipment and main materials. Key activities are maintaining the availability of raw materials. Key partnerships are raw material suppliers and plastic packaging suppliers. Cost structure in the form of salary costs, shop rental and raw material costs.

Deskripsi Business Model Canvas Usaha Minyak Serai Wangi Di Desa Pinilih Kecamatan Dimembe Kabupaten Minahasa Utara

This study aims to describe the business model of citronella oil business in terms of Business Model Canvas in Pinilih Village, Dimembe District, North Minahasa Regency. This research was conducted for three months starting from May to July 2023 at the citronella oil business in Pinilih Village, Dimembe District, North Minahasa Regency. Data analysis used in this study used the Business Model Canvas approach. Data collection techniques using interviews and observations. The research data collected were primary data and secondary data. The results of this study are a description of the business model of the citronella oil business obtained from the nine elements of the business model canvas to maintain product quality, utilize technological advances by creating social media sarimbata business, improve service quality, marketing activities for the citronella oil business. It is hoped that this research can provide benefits to increase revenue streams and develop businesses so that they can compete in the future.

Scrutinizing Administrative Procedures Towards the Performance of Assessment Tax Generation in the Colombo Municipal Council, Sri Lanka

The assessment tax is a crucial revenue stream for the Colombo Municipal Council (CMC). Despite its significance, the CMC consistently fails to meet revenue targets. Hence, this study aimed to explore the factors influencing the performance of the assessment tax administration within the CMC. Primary data was taken into account and data was collected by interviewing all assessors (32) employed in the Assessor Department of CMC using a structured questionnaire. Collected data were analyzed using IBM SPSS statistics 20.0 software. The results suggest a robust positive correlation between the performance of tax administration and staff deployed for assessment tax and the technology used. However, a weaker positive correlation was observed with the factor of time allocated. The regression analysis unveiled that both staff deployed for assessment tax and the technology used have a positive influence on assessment tax administration, whereas motivation to perform and time allocation show negligible impact. Furthermore, staff deployed for the assessment tax emerged as the most influential factor whereas the technology used appeared relatively weaker in tax administration.

The impact of over-the-top service providers on the Global Mobile Telecom Industry: A quantified analysis and recommendations for recovery

Telecom industry is significantly evolving all over the globe than ever. Mobile users’ number is increasing remarkably. Telecom operators are investing to get more users connected and to improve user experience, however, they are facing various challenges. Decrease of main revenue streams of voice calls, SMS (Short Message Service) and LDC (Long distance calls) with a significant increase in data traffic. In contrary, with free cost, OTT (Over the top) providers such as WhatsApp and Facebook communication services rendered over networks that built and owned by MNOs. Recently, OTT services gradually substituting the traditional MNOs` services and became ubiquitous with the help of the underlying data services provided by MNOs. The OTTs` services massive penetration into telecom industry is driving the MNOs to reconsider their strategies and revenue sources. Objective: The research objective is to critically evaluate the impact of OTT providers on MNOs. With the empirical evidences, the research explores a quantified impact of OTTs on MNOs main revenue streams, and breakdown this impact to highlight effect`s significance. Followed by a statistical trend analysis of global MNOs` revenue over the last decade. Additionally, the research aims to compile, evaluate, and analyze set of former proposed strategies for MNOs to overcome the OTTs` impact. Methods: Referring to available open source raw data collected from GSMA and official telecommunications regulatory authorities worldwide, the research develops a statistical model based on regression and extrapolation to analyze the global MNOs` revenue trend. Findings: This study reveals a hidden revenue loss for global telecommunications industry represented in all MNOs all over the world. The study corelates the hidden revenue loss to OTTs evolution. The study finds out that SMS is the most impacted traditional service of MNOs and predicted that it will vanish at quarter 4 of 2022. Recommendations: MNOs to apply 4 different strategies varying from competing to partnering with OTTs based on the services overlapping level and OTT size. MNOs need to target OPEX and CAPEX reductions and develop their own multi-functional customer-oriented OTT application.

Providing a framework and guidelines for sport organizations to understand and predict sport consumer behavior

PurposeThe purpose of this commentary is to discuss a framework (the Revised Model of Sport Consumer Behavior – R-MSCB; Trail, 2019) to accomplish the following objectives. (1) Provide a framework for sport marketers and sport organizations to use in their own market research. (2) Designate the processes needed to generate results and knowledge that sport organizations, sport marketers and associated corporate partners can use to improve marketing campaigns. (3) Provide suggestions for analytic techniques and measurement constructs/instruments that will facilitate market research within the sport industry.Design/methodology/approachThe author created a 140-item questionnaire for the pre-survey and a 50-item questionnaire for the post-survey. The pre-survey was given at the beginning of the season, and the post-survey was given at the end of the season. The research group has generated a sequence of 13 studies and has collected pre-survey responses from over 7,800 people across 4 continents, 8 sports and 13 teams (data collections), with more teams still planned and over 2,000 post-season survey responses with data collection continuing.FindingsThis project, with its 13 studies, will provide sport organizations with the theories/frameworks, knowledge and processes to do their own market research in a more effective and efficient manner and will show sport organizations how to understand the complexities of sport consumer behavior, the motivations behind it and how it varies extensively across individuals. The author will show sports organizations how to collect data from their consumers using valid and reliable measures and constructs that will allow them to segment their consumers, how to effectively market to those segments and how to establish long-lasting relationships that make a satisfied and loyal customer.Originality/valueThis paper provides the framework and guidelines so that sport marketers and researchers can identify specific variables, constructs and relationships that will further their own objectives when attempting to explain sport consumer behavior. Using their own market research, they can implement the results/output in association with the Communications Strategy Model to create more effective and efficient marketing and communications campaigns and consequently drive key performance indicators (KPIs) and improve revenue streams.

STRATEGI PENGEMBANGAN BISNIS INDUTRI KREATIF SKALA KECIL MELALUI PENDEKATAN BUSINESS MODEL CANVAS (STUDI KASUS PADA PLATFORM OTT SINEASMOV)

This research investigates small-scale creative industry business development strategies, particularly focusing on the OTT platform SineasMov. It observes the growth of the independent film industry in Indonesia and identifies challenges in distributing independent films and the lack of income for independent filmmakers. PT. Sineas Kreatif Indonesia innovates by creating the OTT Platform named SineasMov as a solution to these issues. SineasMov offers TVOD and AVOD services while focusing on networking and events. Through the Business Model Canvas (BMC) analysis, this study clarifies the key elements in SineasMov's business model, highlighting the need for the right business concept to support the company's growth. This research remaps the SineasMov BMC to suggest further development strategies, including enhancing customer segmentation, improving value propositions, diversifying revenue streams, optimizing resources, and strategic partnerships. From the SWOT analysis and the Four Action Framework, a new BMC formulation is proposed to strengthen SineasMov's position in the Indonesian independent film industry market.
 
 Key words: Independent Film, Business Model Canvas, OTT Platform.

Analysis of Economic and Environmental Benefits of Green Business Practices in the Hospitality and Tourism Sector

This research presents an analysis of the economic and environmental benefits resulting from the adoption of green business practices in the hospitality and tourism sector. The study explores the growing significance of sustainability in this industry and investigates the specific findings and advantages associated with embracing environmentally friendly practices. By conducting a comprehensive review of pertinent literature, incorporating case studies, and examining empirical evidence, this article provides valuable insights into the potential economic and environmental benefits of green practices in the hospitality and tourism sector. The analysis reveals that green business practices in the hospitality and tourism sector can lead to substantial cost savings and improved operational efficiency. Implementation of energy and resource management strategies, such as energy-efficient lighting, water conservation measures, waste reduction, and sustainable procurement, can result in reduced operational costs and enhanced overall efficiency. Furthermore, the study finds that adopting green practices can generate new revenue streams and differentiate businesses in the market. Effective eco-friendly branding and marketing strategies attract environmentally conscious consumers, leading to increased customer loyalty and potential revenue growth. The analysis also uncovers the positive environmental impacts of green practices, including reduced carbon emissions, waste generation, and resource consumption. Measures like renewable energy adoption, waste recycling, and water conservation contribute to a reduced carbon footprint, conservation of natural resources, and preservation of local ecosystems and biodiversity. Governmental support and incentives are identified as crucial drivers in the adoption of green business practices in the hospitality and tourism sector.

COST AND TIME ANALYSIS USING EARNED VALUE METHOD BUILDING CONSTRUCTION OF DISTANCE LEARNING PROGRAM UNITS OF SURABAYA OPEN UNIVERSITY PHASE II

Project delays often serve as a catalyst for conflicts and disagreements between project owners and contractors, leading to significant financial implications. Such delays result in costly consequences for both parties involved. Contractors face the imposition of penalty fines as stipulated in the contractual agreement, alongside incurring overhead costs during the prolonged project duration. Conversely, owners experience a direct impact on their revenue streams due to delays in the operationalization of the facility. In the context of the construction of the Surabaya Open University Distance Learning Program Unit building phase II, the examination of cost and time performance becomes imperative. Employing the earned value method offers a comprehensive approach to project performance evaluation, involving a meticulous comparison of actual expenses and timelines with the initially anticipated costs. This analytical approach aids in understanding the project's progress and identifying areas where adjustments may be necessary to mitigate potential delays. The Earned Value Method (EVM) analysis of the Surabaya Open University Distance Learning Program Unit building phase II reveals a projected total cost of IDR 73,908,443,223.09 by the time the project reaches completion. This estimation provides stakeholders with valuable insights into the financial commitment required for the successful conclusion of the project. Additionally, the anticipated timeline for completion is estimated at 53 weeks, serving as a crucial parameter for project planning and management.

In-Situ Hydrogen Production from Natural Gas Wells with Subsurface Carbon Retention

Summary There is a critical need to balance economic prosperity, energy security, and environmental protection. Instead of the conventional production of methane (or CH4), these valuable energy reserves can be exploited in a climate-beneficial way. Exploiting (not producing) methane eliminates the carbon value chain and the associated damage these greenhouse gases (GHGs) cause to the climate. When no carbon is produced to the surface, carbon capture requirements become significantly reduced, and their huge budgets are better used elsewhere. This paper discusses the viability of a wellbore natural gas gasification process, within a downhole completion tool, that converts methane wells into hydrogen (or H2) production wells. The process-generated carbon is simultaneously captured downhole, reinjecting the carbon dioxide (or CO2) into the surrounding geology and potentially gaining reservoir enhanced oil recovery (EOR) as a bonus. The proposed process is for natural gas fields and not for use in the gasification of heavy oils (which is covered by other “combustion type” reservoir management processes performed deep within the reservoir geology). The multiple revenue streams created by the process, together with process energy, feedstock (methane), and cost savings, make it climate-positive and financially viable. This provides a net-zero win-win that is mutually beneficial for the natural gas industry and the environment. Without enormous technical effort, competitive use of commodities, and huge capital costs, it could be possible to convert the natural gas industry directly into a hydrogen and carbon capture industry.

E-Tax Compliance in Nigeria: Implications for Company Income Tax and Petroleum Profit tax

This work examines the effect of e-tax compliance in Nigeria: Implication on Company Income Tax and Petroleum Profit Tax. As Nigeria's economy continues to evolve in the digital age, the taxation landscape has seen significant changes with the advent of e-tax compliance. This work therefore aims to explore the implications of e-tax compliance on two key revenue streams for the Nigerian government: Company Income Tax (CIT) and Petroleum Profit Tax (PPT). The study reveals that the amount of capital gain tax revenue before (before the arrival of e-taxation) and after (after the advent of e-taxation) shows a positive, negligible difference and that the Petroleum Profit Tax also has a positive negligible difference between pre- (before the advent of e-taxation) and post- (after the advent of e-taxation). The study concluded that the transition to electronic tax compliance in Nigeria has been driven by the need for efficiency, transparency, and improved revenue collection. It has not only streamlined the tax assessment and payment process but has also increased the government's ability to monitor and collect taxes from this lucrative industry. Federal Inland Revenue Services should develop measures to ensure that defaulters are brought to book and dealt with in accordance with the laws, in addition to establishing a collaborative pattern between the government, Federal Inland Revenue Services, and Nigerian taxpayers to enable them to observe any difficulty felt by the taxpayers or the shortcomings besetting the effectiveness of the system.

Tax and price stability in selected African countries: A GARCH-MIDAS approach

Motivated by the debate on how best to use tax as a policy tool to fill the huge development financing gap in African countries on the one hand, and achieve price stability objective on the other hand, this paper examines the role of different tax measures in the predictability of price stability in selected African countries using a GARCH-MIDAS framework. We find that taxes contribute significantly to inflation volatility, albeit with mixed outcomes. While the results show that raising income, profits and capital gains tax for most African countries heightens inflation volatility, except for Madagascar, we also find that overall tax revenue and customs and other import duties tax had no significant impact on inflation volatility in most of the countries. We also record out-of-sample forecast gains in accounting for tax in the prediction of inflation volatility. For policy, the paper underscored the need for country-specific tax policy designs and implementation strategies. These may include to expand the tax net and improve efficiency of tax collection and administration (for countries where a further increase in tax rate could heighten inflation volatility or in addition consider a marginal increase in tax rate if tax is not a key predictor of inflation). The general policy option is to diversify and stabilize non-tax revenue streams for consistent funding of essential public goods and services and developmental initiatives.

Strategic marketing plan in achieving marketing values and objectives at Mitha Pre-Marriage Healthcare and Aesthetic Clinic

Klinik Mitha is a business entity in the form of a Limited Liability Company (PT) in the field of health services in accordance with the definition referred to in 1 Permenkes No 028/2011 and the estimate required for the stages until it becomes a PT is 1 month until the notarial deed. Marketing plan is a planning process in the field of marketing in order to achieve the marketing targets that have been set. In marketing planning is closely related to marketing strategies that concern the values and goals of the company. In this chapter, Mitha Clinic will focus on Marketing Goals and Objectives, STP Strategy that will be carried out, B2C Marketing Mix, Sales activities, Sales Budget Projections and Revenue Stream projections. The purpose of this research is for a Clinic known to the DKI Jakarta Community for reputable premarital and aesthetic health services, Customer Satisfaction by Optimizing Premarital and Aesthetic Health Services and in the long term can build new branch clinics again. The results of this study indicate that the marketing plan strategy in achieving value and marketing goals is influenced by several factors such as the purpose of establishing the business, marketing planning which includes price, location, promotion, sales, and planning in finance.

Exploring the Impact of Software as a Service (SaaS) on Human Life

Software as a Service (SaaS) has emerged as a pivotal aspect of modern business operations, fundamentally transforming how companies utilize IT resources and impacting firm performance. This research delves into the profound effects of SaaS on human life within the business sphere, focusing on its value proposition and methodologies for assessing its worth. The primary objectives of this paper are twofold: first, to evaluate the actual value of SaaS business applications concerning their purported benefits, particularly in terms of IT resource management and firm performance; second, to explore the means of quantifying the worth of SaaS business applications within organizational frameworks.
 This study utilizes techniques derived from social network analysis to investigate the impact of SaaS on human life in business. A comprehensive review of literature from various sources including papers, articles, newspapers, and books forms the basis for this exploratory research. Both primary and secondary data are employed to elucidate the multifaceted implications of SaaS adoption.
 The findings of this research underscore the profound influence of SaaS on a company's cost structure, return on IT investments, and digitalization of services. Cloud computing emerges as a cornerstone for the seamless integration of SaaS into daily business operations, offering expanded market opportunities and increased revenue streams. In conclusion, SaaS represents a transformative force in modern business landscapes, reshaping human interactions with technology, optimizing operational efficiency, and mitigating costs. Cloud-based SaaS models hold substantial promise for enhancing business agility and facilitating growth across diverse markets.

Expand role of development committee as organization matures

It's common for nonprofit boards of all sizes to have a fundraising committee—also known as a fund development committee—to take on various fundraising tasks. But the day‐to‐day responsibilities of this committee should change with time, according to fundraising experts. In short, as the organization grows in size and maturity, the development committee should transition from conducting the actual, on‐the‐ground donor solicitations to focusing on longer‐term revenue streams and the organization's big‐picture fiscal health.

A Comprehensive Review and Investigation of Business Models

The formulation and execution of a business model significantly influence the achievement and durability of a company. The business model serves as a strategic framework encompassing components such as value proposition, revenue streams, market segmentation, and core operations. Companies must possess a profound comprehension of the crucial components within their business models due to the constantly evolving and intricate nature of the business environment. Market dynamics, technological advancements, and shifts in customer behavior are influential elements in the evolution of company concepts. The value proposition is the primary factor in determining why customers should select a company's products or services. The analysis of business models highlights the significance of establishing distinctive characteristics and advantages that offer additional value to customers. Market analysis and client segmentation assist organizations in comprehending customer requirements and inclinations. Customizing marketing strategies and product offers for each market group is an essential step towards attaining increased relevance and attractiveness. Research on business models emphasizes the significance of expanding revenue streams and effectively handling risk. Companies should evaluate several pricing strategies and income streams in order to enhance their ability to respond to market fluctuations. Cost analysis and operational efficiency are crucial factors in defining a business's cost-competitiveness. Companies can enhance efficiency by identifying opportunities for improvement through a thorough understanding of the fundamental activities that underpin their business model. Utilizing technology and innovation is crucial for sustaining competitiveness and staying relevant. Enterprises must consistently seek opportunities to enhance operational procedures, create novel offerings, and adjust to technological advancements.

Strengthening the Resilience and Perseverance of Rural Accommodation Enterprises in the Iberian Depopulated Areas through Enterprise Architecture

The research objective of this work is to develop and evaluate an enterprise architecture for rural accommodation in the Iberian Peninsula that responds to the demand of the remote labor market. Through an extensive literature review and the application of ArchiMate modeling, this study focuses on providing an enterprise architecture that promotes business resilience and environmental sustainability and boosts the local economy. The proposed enterprise architecture is remotely evaluated by experts, highlighting potential benefits, challenges, and areas for improvement. The results show that the proposed enterprise architecture has the potential to improve the long-term success of rural lodging businesses, enhance the customer experience, promote sustainability, and contribute to economic growth in rural areas through value exchange among stakeholders. The ArchiMate model provides a holistic perspective on stakeholder interactions and interoperability across all functional business areas: Customer Service, Product Management, Omnichannel Commerce, Human Resources, Business Strategy, Marketing, and Sustainability Management. The idea is to empower rural lodging businesses to create a better customer experience, achieve energy and environmental efficiency, contribute to local development, respond quickly to regulatory changes and compliance, and develop new revenue streams. The main goal is to improve offers, mitigate seasonal effects, and reverse the continuous cycle of decline in areas with low population density. Therefore, this ArchiMate modeling can be the initial basis for the digitization or expansion of the rural lodging industry in other geographies.

Factors driving FIFA world cup 2022 viewership ratings in mainland China: marketing outlooks for FIFA world cup 2026.

The FIFA World Cup is not only the most lucrative athletic event globally, but it also functions as a platform for promoting peace owing to FIFA's new vision. Nevertheless, the determinants of TV viewership ratings, especially in the Chinese market, which is a critical revenue stream for FIFA TV broadcasting, are still unsolved. Using a distributional regression, this study aimed to quantify the dynamics of viewership ratings for the FIFA World Cup 2022 in mainland China. The CCTV viewership ratings were modeled using 12 covariables related to Chinese TV consumer behavior. Given the data structure, a Logit Normal regression model was chosen to fit the location and dispersion parameters of viewership ratings to explanatory variables. In the fitted heteroscedastic model, the viewership ratings dynamics in mainland China were driven by the match kick-off time: . In addition, the model captures the factors that influence the variations in viewership ratings: (if, FIFA World Cup champion = "Yes") + 0.004 × FIFA world ranking]. Thus, it shows that the FIFA World Cup champions tamp down such variations, leading to a more stable viewing behavior among Chinese consumers. Time- and team-sensitive strategies are proposed to aid in crafting uncertainty-suppressing business decisions for the FIFA World Cup 2026. Ultimately, in the more insecure 2020s, a broader live coverage of the FIFA World Cup would be invaluable for promoting peace.