Business Models¶
- Value Creation
- Marketing
- Sales
- Value Delivery
- Finance
Business model \(\ne\) Business.
Business model innovation is critical to develop a quality business, attack new markets and drive profitability
Components¶
- Value Proposition
- Market Segment
- Value Chain Structure
- Position in the Value Network
- Revenue Generation and Margins
- High volume/Low margin
- Low volume/High margin
- Competitive Strategy
- Stage of Development
Business Model Canvas¶
- Value proposition
- Customer segment
- Distribution channel
- Customer relationship: Feedback mechanism
- Key activities
- Key resources
- Key partnerships
- Cost structure
- Revenue stream