Creative Business Models

Media

Bad obsession motorsports – Project Binky

A guilty pleasure of mine is watching a YouTube show called Bad Obsession Motorsports. It's a car show in which two men are rebuilding a...

A guilty pleasure of mine is watching a YouTube show called Bad Obsession Motorsports. It's a car show in which two men are rebuilding a 1980 Mini that they endearingly call Project Binky. As a spectator you see the two fabricators attempt to fit a much too big engine (a turbo-charged all wheel drive engine from a Toyota Celica) inside the obviously small car, and making it ready to one day be a strong little rally car, leading to a need for many, many modifications. The number of custom-made changes, brackets, and all different types of fabrications is staggering, and...

Cultural industries

Creative Business Model Responses to the Corona Crisis

As the world is facing the Covid-19 crisis, many wonder about it's effect on the short as well as long term. For the cultural sector,...

As the world is facing the Covid-19 crisis, many wonder about it's effect on the short as well as long term. For the cultural sector, the question rises what the post-pandemic arts scene will look like. For a sector that heavily relies on bringing large crowds together to enjoy cultural performances and to connect to each other, the Coronavirus has serious repercussions. As an immediate response to the world-wide lockdowns, many cultural institutions were quick to explore alternative digital spaces with online exhibitions and a rise in virtual reality. The Guardian has already touted this to be the beginning of...

Fashion

Suspicious Antwerp – Unexpected collection drops & limited availability

This case description of the fashion label Suspicious Antwerp, which has created a unique following through its focus on unexpected collection drops, limiting the availability...

This case description of the fashion label Suspicious Antwerp, which has created a unique following through its focus on unexpected collection drops, limiting the availability of its products, and using influencer marketing. This contribution is written by Marie Zoé Kleinerüschkamp, graduate student in the Master in Fashion Management program at Antwerp Management School. Suspicious Antwerp is a lifestyle streetwear brand from Antwerp that sells unisex clothing worldwide through its own web shop. The company was founded in 2017 by Philipe Libert and Frederik Janssens as part of a project during their studies at the University of Antwerp. The collections’ main...

Fashion

HNST – Radical Transparency

This case study documents the innovative business model developed by HNST, an Antwerp, Belgium based sustainable denim label that focuses on providing radical transparency. This...

This case study documents the innovative business model developed by HNST, an Antwerp, Belgium based sustainable denim label that focuses on providing radical transparency. This contribution was written by Jolein Van Eyck, graduate student in the Master in Fashion Management program at Antwerp Management School. The fashion industry is one of the most polluting and energy and resource intensive industries. In the last fifteen years, clothing production has even doubled and clothes are thrown away faster than ever before (McKinsey, 2016). It goes even further; no less than 50% of Flemish clothing ends up in residual waste. Worldwide this is...

Cultural industries

The Creative Lenses research on business models in the arts

Over the last four years, the team of the Creative Lenses project, co-funded by the Creative Europe program of the European Union, explored the issue...

Over the last four years, the team of the Creative Lenses project, co-funded by the Creative Europe program of the European Union, explored the issue of sustainability of European arts and cultural organisations. In particular, Creative Lenses aimed to address the question of how might cultural organisations become more financially sustainable without compromising their missions and values to achieve “stronger arts and cultural organisations for a greater social impact”. Also, its mission was to empower cultural organisations with knowledge, methods and tools to become more resilient so they can better create value for society. Some of the main tasks of...

Business Model

What is a Business Model?

The term 'Business Model' is all around in recent years: you hear about it in the news, and you read about them in newspapers constantly....

The term 'Business Model' is all around in recent years: you hear about it in the news, and you read about them in newspapers constantly. It is also a common question asked to everybody that starts a new project or organization: "What is your business model?" For many creative people, whether they design new fashion articles, create graphic designs, write new pop songs or work on visual art works, the term business model seems abstract and economic. "I don't have a business model" is therefore the often heard response. However, this is not true at all. Every individual working on...

Music

A commons based business model in music production: Splendor Amsterdam

Since 2013, Splendor Amsterdam unites composers, musicians and stage artists, that came together to form an artist-run cooperative that independently exploits a music venue in...

Since 2013, Splendor Amsterdam unites composers, musicians and stage artists, that came together to form an artist-run cooperative that independently exploits a music venue in which the musicians have complete autonomy. In this initiative, an old centrally located Amsterdam bathhouse was transformed into a professionally equipped music house, which is operated in its entirety by a group of 50 top-flight professional musicians (among which players of the main Dutch orchestras such as the Concertgebouw Orchestra, Rotterdam Philharmonic and the Radio Orchestras, as well as names from the world of opera, jazz, electronics and ethnic music) that felt the necessity for...

Fashion

Circular business models in fashion

Fashion for Good, in collaboration with Accenture Strategy has just released a new interesting report on business models of circular fashion. The study looks into three different...

Fashion for Good, in collaboration with Accenture Strategy has just released a new interesting report on business models of circular fashion. The study looks into three different models – rental, subscription-rental and recommerce, to assess the financial viability of each when adopted in four different market segments – value, mid-market, premium and luxury. You can find more information about the report, and download the study on the Fashion for Good website.

Business Model

Creating a logical story

As we know that business modeling is all about creating value for anybody involved in your project: your audience, your clients, yourself, etc... However, the...

As we know that business modeling is all about creating value for anybody involved in your project: your audience, your clients, yourself, etc... However, the question remains how do we do this? what choices do we have to make, and what activities do we have to perform to realize value creation? And how do we ensure that all those choices and activities come together to form a logical and coherent story? How do we start this business modeling process for our organization? For many for-profit organizations such as commercial startups, this process of business modeling means starting from a unique...

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