Final Business Model Canvas

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BusinessModelCanvas1.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

In order to test my hypothesis, I will need data on inflation rates, interest rates, and treasury bonds. The Federal Reserve Bank is the best source for this data.

I will also need data on consumer prices. Banks are a good source for this data.

I will need to partner with academic institutions in order to gain access to their research on economics and inflation.

Customer Relationships

The target audience for this hypothesis would expect me to establish a clear and concise relationship between inflation, interest rates, and treasury bonds and their impacts on the cost of living.

I will integrate this into my work by including data and charts to help illustrate the relationships between these variables.

Key Activities

In order to test my hypothesis, I will need to collect data on inflation rates, interest rates, treasury bonds, and consumer prices.

I will need to analyze the data.

I will need to do research on economics and inflation to better understand the phenomenon.

Value Proposition

The core value that I deliver to my customers is the ability to make better financial decisions.

I do this by helping them understand and predict the financial impact of different scenarios.

I also help them manage their money in a way that improves their financial well-being.

I am satisfying the unmet need for financial education and guidance.

I am also solving the problem of people not having access to quality financial advice.

In addition to the financial value, my innovation serves the higher purpose of helping people improve their lives.

Customer Segments

The customer segments for this business model are individuals and businesses.

The most important customer group is businesses, as they are the ones who drive economic activity and are most affected by inflation.

Cost Structure

The cost of collecting data on inflation rates, interest rates, treasury bonds, and consumer prices can be expensive.

There is a lot of data to collect and analyze, so this will take a significant amount of time.

Conducting research on economics and inflation can be costly.

Revenue Streams

The audiences for this business model are people who are interested in reducing the impacts of inflation on the cost of living.

They are willing to pay for products and services that can help them do this.

They would prefer to pay for these products and services on a monthly basis.

The revenue streams for this business model include subscription fees, advertising, and commissions on sales of products and services that help reduce the cost of living.

Distribution Channels

The best way to reach my audience is definitely through social media.

It's quick, easy, and most importantly, cost-effective.

You can reach a large number of people through social media platforms like Facebook, Twitter, and Instagram.

Plus, it's easy to integrate into your audience's routines since most people are already on social media every day.

Key Resources

In order to test my hypothesis, I will need data on inflation rates, interest rates, and treasury bonds.

I will also need data on consumer prices.

I will need to partner with academic institutions in order to gain access to their research on economics and inflation.

Project

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