Time and Operation
Jose_sky223
BMC-Template.pptx| Key Partnerships | Key Activities | Value Proposition | Customer Relationships | Customer Segments |
| Cost Structure | Key Resources | Channels | Revenue Streams |
Business Model Canvas - Intro and Template
What is BMC? – It is a one-page template summarizing key aspects of business.
What does it look like? – It is a grid of nine boxes, each one addressing a key aspect of business (see diagram below).
How do I complete the nine boxes? – Slide 2 details information required for each box.
Why is it arranged like that? – Value proposition is critical to success, so it is centered. The four left-side boxes focus on operations. The four right-side boxes focus on customers.
What do I do next?
Slide 3 is a blank template for you to complete.
Complete Slide 3 addressing Slide 2 questions.
Template has three bulleted key elements for each box. Your business may have more or fewer key elements in each box. Add or delete as needed.
Write a summary (just a few words) for each key element.
Save Slide 3 as PDF or PowerPoint document using new file name and submit to instructor.
1
Project Name
Key Partnerships
Who will help you?
Who are the people outside of your organization that you need to work with?
What are the most important motivations for the partnerships that you are seeking?
Customer Relationships
How do you interact?
What relationship does the target audience expect you to establish?
How can you integrate that into your work in terms of cost and format?
Key Activities
How do you do it?
What key activities does your value proposition require you to do internally?
What activities are most important for your distribution channels, customer relationships, and revenue streams?
Value Proposition
What do you do?
What core value do you deliver to your customer?
What unmet needs are you satisfying?
What problem are you solving?
In addition to the financial value, what higher purpose does your innovation serve?
Customer Segments
Who do you help?
Which customer groups are you creating value for?
Who is your most important customer?
Cost Structure
What will it cost?
What are the most important costs in your work?
What key resources/activities are most expensive?
What are the key deadlines or time constraints?
Revenue Streams
How much will you make?
For what value are your audiences willing to pay?
What and how do they pay?
How would they prefer to pay?
How much does every revenue stream contribute to the overall revenue?
Distribution Channels
How do you reach them?
Through which channel does your audience want to be reached?
Which channels work best?
How much do they cost?
How can they be integrated into your and your audiences' routines?
Key Resources
What do you need?
What key resources does your value proposition require?
Where can you obtain these resources?
2
Student
Key Partnerships
I need to work with other business incorporating partnership relations.
The most crucial motivation for considering partnerships is simply getting access to various new markets and new customers.
Another motivation is to build brand awareness.
Customer Relationships
The target audience expects the business to establish an interactive relationship where customers freely express themselves and their needs responded to.
Additionally, the target expects improved customer services in a conducive atmosphere.
Key Activities
Internal value proposition activities include;
improving product and service performance, Pricing strategies relatively lower brand marketing, ensuring Product usability.
Activities important for customer relations, distribution channels and revenue streams are better performance, ensuring accessibility and good marketing strategies respectively.
Value Proposition
The values delivered to the customers are standard services and better product performance.
The unmet needs to be satisfied are customer satisfaction issues. The organization is working on ways to best satisfy customers through improved performance on both goods and services, and creating a healthy rapport with the customers.
The problem I am solving is looking into various ways in which the business can align its products and services to the needs, preferences and tastes of the customers for maximum satisfaction and convenience.
Additionally, business innovation saves time and ensures quality values apart from financial value.
Customer Segments
The business is creating value for customers based on behavioral changes of the customers.
Generally, all the customers are important to the business. However, the business employs more emphasis on behavioral segmentation methods in customer analysis.
Cost Structure
The most important costs are cost of production, distribution cost and marketing costs.
Expensive resources are raw materials and production equipment.
Key deadlines and time constraints mostly apply to distribution. Distribution is scheduled to take a maximum of three days.
Revenue Streams
The audiences are willing to at the business set product prices as long as quality is guaranteed.
The customers pay money both through business number and cash terms
Consequently, the customers prefer paying both in cash and through the business number.
Generally, every revenue stream contributes 20% to the overall revenue.
Distribution Channels
The business audience wants to be reached through marketing personnel and business ecommerce platform.
The business ecommerce and platform and marketing expert works best. The two channels have a total cost of $800,000.
The two channel can be integrated by teaching both customers about the platform and hiring marketing experts.
Key Resources
Key resources for value proposition are employees, expert knowledge, plant and equipment
Obtaining these resources incorporates employing expert professionals, purchasing plant and equipment
Project
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