business model Flashcards
(20 cards)
para que e q serve um bsuiness model?
A business model describes the rationale of how an organization creates, delivers,
and captures value.
- Our vision, mission, values;
- How our business model works;
- Value proposition;
- Target markets;
- Marketing Plan;
- Key resources and Activities.
What do you ask you self in key partners
Who are our Key Partners?
• Who are our Key Suppliers?
• Which Key Resources are we acquiring from partners?
• Which Key Activities do partners perform?
What are the motivations for partnerships
Optimization and economy;
• Reduction of risk and uncertainty;
• Acquisition of particular resources and activities
What key activities?
What Key Activities do our Value Propositions require?
• Our Distribution Channels?
• Customer Relationships?
• Revenue Streams?
What are the categories of key activities?
Production;
• Problem Solving;
• Platform/Network.
What key resources?
- What Key Resources do our Value Propositions require?
- Our Distribution Channels? Customer Relationships?
- Revenue Streams?
What are the types of resoruces?
- Physical;
- Intellectual (brand patents, copyrights, data);
- Human;
- Financial.
What value propositions?
What value do we deliver yo yhe customer?
Which one of our problems are we helping to solve?
What bundles of products and services are we offering to our customers?
Which customer need are we satisfying?
What are the charcateristics of value propositions?
Newness, Performance, customization getting the job done design, brand/ status price- cost reduction risk reduction accessibility convencience/usability
Customer Relationships
• What type of relationships does each of our Customer Segments expect us to establish
and maintain with them?
• Which ones have we established?
• How are they integrated with the rest of our business model?
• How costly are they?
Channels
- Through which Channels do our Customer Segments want to be reached?
- How are we reaching them now?
- How are our Channels integrated?
- Which ones work best?
- Which ones are most co-efficient?
- How are we integrating them with customer routines?
What are the phases of channel?
- Awareness
How do we raise awareness about our company’s products and services? - Evaluation
How do we help customers evaluate our organization’s Value Proposition? - Purchase
How do we allow customers to purchase specific products and services? - Delivery
How do we deliver a Value Proposition to customers? - After Sales
How do we provide post-purchase customer support?
Customer Segments
- For whom are we creating value?
* Who are our most important customers?
Examples of customer segments?
Mass Market,
Niche Market, Segmented,
Diversified,
Multi-sided Platform (a service or product that connects two or more participant groups, playing a kind of intermediation role. Its value proposition is to enable this connection, making it easier for them to find and relate to each other)
. 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?
Cost structure examples
• Cost Driven (leanest cost structure, low price value proposition, maximum automation,
extensive outsourcing);
• Value Driven (focused on value creation, premium value proposition).
- Fixed Costs (salaries, rents, utilities);
- Variable Costs;
- Economies of Scale;
- Economies of Scope.
Revenues 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?
examples of princing and revenue streams
Types
Asset Sale, Usage Fee, Subscription Fees, Lending/Renting/Leasing, Licensing, Brokerage Fees,
Advertising.
Fixed Pricing
List Price, Product Feature Dependent, Customer Segment Dependent, Volume Dependent.
Dynamic Pricing
Negotiation (bargaining), Yield Management, Real-time-Market.
The Levels of Business Model Strategy:
Level 0: • “The oblivious”; • Simply looks at Product Market Fit. Level 1: • “The beginners”; • You treat your business model canvas as a checklist.
Level 2:
• “The masters”;
• You not only fill your BMC, but you can easily relate parts, turning it more into a story.
Level 3:
• “The invincible”;
• Where you have multiple BMC, that relate with each other
What are the Business Model Mechanics?
• Switching Costs
o How easy or difficult is it for customers to switch to another company?
• Recurring Revenues
o Is every sale a new effort or will it result in follow-up revenues and purchases?
o How evenly distributed are your revenues through the year?
• Earn before you spend
o Are you earning money before you are spending it?
• Game-changing cost structure
o Is your cost structure substantially different and better than those of your
competitors?
• Getting others to do the work
o How much does your business model get customers or third parties to create
value for you?
• Scalability
o How rapidly and how easily can you grow your business model without hitting
roadblocks (e.g. infrastructure, customer support, etc.)?
• Protection from competition
o How much is your business model protecting you from your competition?