List down the business models for a start-up business. Write a short note on "On demand model".

Answer 5(b) There are nine business models for a start-up business. They are as under: Become the middleman Become a marketplace. The subscription model Customize everything. On-Demand model. The modernized direct sales model. Freemium model. Reverse auction Virtual Good model. On-Demand Model: As the world speeds up, consumers have adopted preference for instant gratification. The on demand economy has a growing appetite for greater convenience, speed and simplicity. Smartphones have driven transformational shifts in how we consume goods and services and many consumers have become acclimated to purchasing at the press of a button. On demand start-ups like UBER are shaking their industries and also provide stead contracted work for consumers who want to become solo-preneurs. Start-up HANDY has also seen explosive growth by providing handymen at a moment's notice servicing need for consumers that was not previously available for solutions where a consumer cannot wait a few days to fix problem in their home.