The document discusses a business model canvas, which is a visual representation of the key components of a business model using nine building blocks. It describes each building block, including customer segments, value propositions, channels, customer relationships, revenue streams, key resources, key activities, key partnerships, and cost structure. The business model canvas provides an overview of all aspects of a business in a simple and intuitive format.
The document discusses a business model canvas, which is a visual representation of the key components of a business model using nine building blocks. It describes each building block, including customer segments, value propositions, channels, customer relationships, revenue streams, key resources, key activities, key partnerships, and cost structure. The business model canvas provides an overview of all aspects of a business in a simple and intuitive format.
The document discusses a business model canvas, which is a visual representation of the key components of a business model using nine building blocks. It describes each building block, including customer segments, value propositions, channels, customer relationships, revenue streams, key resources, key activities, key partnerships, and cost structure. The business model canvas provides an overview of all aspects of a business in a simple and intuitive format.
Anh Huynh Examples Wireless device that measures babies’ stats: oxygen levels, heart rate, and sleep Examples Wireless device that measures babies’ stats: oxygen levels, heart rate, and sleep Examples Wireless device that measures babies’ stats: oxygen levels, heart rate, and sleep Develop the Customer Profile Ver.2 Value proposition validation Value proposition validation Develop the Value Proposition Ver.2
Check marks signify
that products and services relieve pains or create gains and directly address one of the customersˇ jobs, pains, or gains VPC Validate – 10 questions VPC Validate – 10 questions Value proposition statement Design a Business Model What is a Business Model? Business Model Cavas A business model describes the rationale of how an organization creates, delivers, and captures value (Osterwalder et al.2010). - A simple, relevant, and intuitively understandable concept while not oversimplifying the complexities of how enterprises function. - Nine basic building blocks to show the logic of how a company intends to make money.
- Covering 4 main areas of a business: customers, offer, infrastructure, and financial viability.
- A blueprint for a strategy to be implemented through organizational structures, processes,
and systems. Business Model Cavas It is a visual representation of the 9 key building blocks that form the foundations of every successful business. Business Model Cavas
Visual overview Direction Hyper-specific
Of the entire business in To carry out a high-level To individual companies
one canvas analysis without getting lost in details Business Model Cavas Link to Business Model Canvas Business Model Cavas Customer Segments (CS): An organization serves one or several customer segments. Value Propositions (VP): It seeks to solve customer problems and satisfy customer needs with value propositions. Channels (CH): Value propositions are delivered to customers through communication, distribution, and sales channels. Customer Relationships (CR): Customer relationships are established and maintained with each customer segment. Business Model Cavas Revenue Streams (RS): result from value propositions successfully offered to customers. Key Resources (KR): these are the required assets to offer and deliver the previously described elements. Key Activities (KA): by performing several Key Activities. Key Partnership (KP): Some activities are outsourced and some resources are acquired outside the enterprise. Cost Structure (CS): elements that result in the cost structure.