How Does TOMS Shoes Make Money? The One-For-One Business Model ExplainedsteemCreated with Sketch.

in startup •  7 years ago 

TOMS Shoes’ business model is called one-for-one. It means that for each pair of shoes sold, the company gives one pair back to kids in developing countries. The one-for-one model allows the company to monetize through consumers’ word of mouth and social campaigns, with a minimum effort in terms of sales and marketing.

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