Whole industries have been disrupted by innovative approaches that merge the offline and online together.
When this new way of doing business is introduced into an industry, and it is superior to the previous model, this change brings a competitive advantage.
The List
Here is a list of 25 ways to disrupt an industry:
- Remove Features Making a Simpler Better Product
- Create a Full Stack Offering
- Make it a Subscription
- Use a Transparent Open Model
- Make it On-Demand
- Bring Rentals to Market at Lower Cost
- Bring an Offline Behaviour Online
- Aggregate the Long Tail & Drive Discovery
- Create a Marketplace
- Streamline a Process with Technology
- Make a Paid Product Free or Very Cheap
- Build a Vertical Brand
- Produce Original and Exclusive Content
- Enable Easier Creation
- Build an AR/VR App
- Apply Blockchain Technology
- Use AI/Machine-Learning to Create a Unique Product
- Offer a Management Service
- Build a Trusted Widget / API
- Build a User Generated Content Community
- Build Hardware that Unlocks New Use Cases
- Make it Peer to Peer
- Make it a Service
- Provide Superior Customer Service
- Make Stupid Objects Smart