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Aug 6th, 2022
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How to finish print in the Business Model Canvas

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so we invented something called the business model canvas and the business model canvas is like a canvas to paint on you can describe existing business models you can describe new business models you can challenge business models and ultimately you can use it to invent new business models with the same language why the word canvas because you can paint out an existing business model or a new business model and make it tangible so lets look at into this its about nine building blocks the first building block is customer segments you need to ask yourself which customers are you serving in your business lets look at a newspaper what are the customer segments of a newspaper well in fact there are mainly two the readers who want to be informed and entertained and the advertisers who want to docHub an audience and sell something so two different customer segments with two different jobs to be done and for both segments and both jobs you will have a different value proposition a set of prod

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These are tangible resources. For example, equipment, buildings, machines, transportation or distribution networks. Dells distribution network was a Key Resource, enabling them to deliver PCs at home years before others did the same. One example of key resources in the business model canvas is Tesla.
At the center of the business model canvas is your value proposition: What do customers get from your product? Thats your starting point. From there, youll fill in the canvas with additional information about your company and your customers.
It is a one-page document that works through the fundamental elements of a business or product, structuring an idea in a coherent way. An example of a Business Model Canvas. The right side of the BMC focuses on the customer (external), while, the left side of the canvas focuses on the business (internal).
There are 3 categories of key activities; Production: designing, manufacturing and delivering a product in docHub quantities and/ or of superior quality. Problem-solving: finding new solutions to individual problems faced by customers. Platform/ network: Creating and maintaining platforms.
The Business Model Canvas consists of nine essential parts: Customer Segments, Value Proposition, Revenue Streams, Channels, Customer Relationships, Key Activities, Key Resources, Key Partners, and Cost Structure.
Whichever way you decide to approach it, I recommend you complete each block in the following order: Customer Segments. Value Propositions. Channels. Customer Relationships. Revenue Streams. Key Resources. Key Activities. Key Partners.
How To Fill In A Business Model Canvas Step 1: Naming the purpose of the business. Step 2: Customers and Value Propositions. Step 3: Channels and Customer Relationships. Step 4: Key Resources, Key Activities and Key Partners. Step 5: Cost Structure and Revenue Streams. Step 6: Linking The Boxes +Tidying Up.

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