Business Model Canvas
Customer Segments
-defines the different groups of people or organization an enterprise aims to reach and serve
Cost Structure
-describes all costs incurred to operate a business model
channels
-describes how a company communicates with and reaches its customer segments to deliver a value proposition
Value Propositions
-describes the bundle of products and services that create value for a specific customer segment
Key Resources
-describes the most important assets required to make a business model work
Key Activities
-describes the most important things a company must do to make its business model work.
Key Partners
-describes the network of suppliers and partners that make the business model work
Questions to be answered by by revenue streams?
-for what value are our customers really willing to pay? -for what do they currently pay? -how are they currently paying? -how would they prefer to pay? -how much does each revenue stream contribute to overall revenues?
Revenue streams
-represents the cash a company generates from customer segment
Questions to be answered by cost structure
-what are the most important costs inherent in our business model? -which key resources are most expensive? -which key activities are most expensive?
questions to be answered by key resources?
-what key resources do our -value propositions require -distribution channels require -customer relationships require -revenue streams require
Customer Relationships
-describes the types of relationships a company establishes with specific customer segments