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Key Components of Business Model Canvas (Key Partners (Who are your key…
Key Components of Business Model Canvas
Key Partners
Who are your key partners/ suppliers?
What are the most important motivation for the partnership?
Intro - Business Model Canvas is a strategic management and lean startup template for developing new or documenting existing business models. It is a visual chart with elements describing a firm's or product's value proposition, infrastructure, customers, and finances. It assists firms in aligning their activities by illustrating potential trade-offs.
Key activities
What uniquely strategic things does the business do to deliver its proposition?
Key Resources
What unique strategic assets must the business have to compete?
Value Propositions
What’s compelling about the proposition? Why do customers buy, use?
Customer Relationships
How do you interact with the customer through their ‘journey’?
Channels
How are these propositions promoted, sold and delivered? Why? Is it working?
Customer Segments
Who are the customers? What do they think? See? Feel? Do?
Revenue Streams
How does the business earn revenue from the value propositions?
Cost Structure
What are the business’ major cost drivers? How are they linked to revenue?