Best Buy is a great example of a company that faced tough competition, especially from online giants. Instead of just sticking to their old ways, they made some big changes to their business model.

Unlock the full InfoQ experience by logging in! Stay updated with your favorite authors and topics, engage with content, and download exclusive resources. Cory Benfield discusses the evolution of ...

Niche marketplaces, such as Etsy for crafts or Zappos for shoes, thrive by catering to specific interests and building dedicated communities. Innovative models like Airbnb and Poshmark show that ...