Monday, March 9, 2015

Business Model Canvas

 
Via wikimedia
    Studying the business model canvas, we split the canvas up by categories in order to understand them well. However, once we began filling the sections, we found that there should an order to our process. Starting with value props, we had to design our company to be useful to...our customer segments. We had to decide how to get our product to our customer through channels, and then ensure our customers are satisfied with our product. Then we would study the revenue streams to plan for the best way to generate money.

    The most important part however is to "get out of the building" and ask the customers if the product you are offering is as valuable as you believe it to be.


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