Business Modal Canvas
Business Model Canvas is a strategic management and lean startup template for developing new or documenting existing business models.There are 9 elements in modal canvas:
1)Key Partners
Key partners are the network of suppliers and partners that make the business model work.
2) Key activities
Key activities are to control of production and manufacturing and create a branding strategy.
3) Value Proposition
Value proposition provides a unique combination of products and services which provide value to the customer.
4)Customer relationships
Customer relationship is company's relationship with customers.If a company want to success, they must keep a good relationship with customers.
5)Customer Segments
Customers segment is type of customers to serves the company's product.
6)Key Resources
Key resources is the building block describing the most important assets needed to make a business model work.Key resources can be physical, financial, intellectual, or human.
7)Revenue
The way a company makes income from each customer segment.
8)Cost
The cost needed to run a business
9)Channels
Channels is about how they promote their product.For example via online, facebook and more.
Example:
KEY PARTNERS
- MDex (Seminar,Class,Carnival)
- Shoppee
- Alibaba
- AIM
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KEY ACTIVITIES
- build new products, improve existing products
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VALUE PROPOSITION
- easy and comfortable to wear to people who work
- design is always update
- best quality of fabric
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CUSTOMER RELATIONSHIPS
- Warranty
- Yearly Brochure
- Customer Survey
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CUSTOMER SEGMENTS
- Muslimah
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KEY RESOURCES
- vehicle to transport the products
- partners
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CHANNELS
- Facebook
- Instagram
- WhatsApp
- Twitter
- Shopping Cart
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COST
- 50% of revenue
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REVENUE
- almost 1.2 Million in 2016
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