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Week 8: Presenting your business idea

Completion requirements
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Table showing the 11 blocks of the sustainable business model canvas, annotated:

  1. 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?

    Motivation for partnerships:

    • Optimisation and economy
    • Reduction of risk and uncertainty
    • Acquisition of particular resources and activities
  2. Key activities

    • What key activities do our value propositions require?
    • Our distribution channels?
    • Customer relationships?
    • Revenue streams?

    Categories

    • Production
    • Problem solving
    • Platform network
  3. Key resources:
    • What key rsources do our value propositions require?
    • Our distribution channels?
    • Customer relationships?
    • Revenue streams?

    Types of resources:

    • Physical
    • Intellectual (brand patents, copyright, data)
    • Human
    • Financial
  4. Value propositions
    • What value do we deliver to the customer?
    • Which one of our customer's problems are we helping to solve?
    • What bundles of products and services are we offering to each customer segment?
    • Which customer needs are we satisfying?

    Characteristics:

    • Newness
    • Performance
    • Customisation
    • 'Getting the job done''
    • Design
    • Brand/status
    • Price
    • Cost reduction
    • Risk reduction
    • Accessibility
    • Convenience/usability
  5. Customer relationships
    • What type of relationship 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?

    Examples

    • Personal assistance
    • Dedicated personal assistance
    • Self service
    • Automated services
    • Communities
    • Co-creation
  6. Customer segments
    • For whom are we creating value?
    • Who are our most important customers?

    Possibilities

    • Mass market
    • Niche market
    • Segmented
    • Diversified
    • Multi-sided platform
  7. 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 cost-efficient?
    • How are we integrating them with customer routines?

    Channel phases:

    • Awareness
    • Evaluation
    • Purchase
    • Delivery
    • After sales (post-purchase customer support) of products and services and value proposition
  8. Cost structure
    • What are the most important costs inherent in our business model?
    • Which key resources are the most expensive?
    • Which key activities are most expensive?

    Is you business more:

    • cost driven (leanest cost structure, low price value proposition, maximum automation, extensive outsourcing)
    • value driven (focussed on value creation, premium value proposition)

    Sample characteristics

    • Fixed costs (salaries, rents, utilities)
    • Variable costs
    • Economies of scale
    • Economies of scope
  9. Revenue streams

    • For what value are our customers really willing to pay?
    • For what do they currently pay?
    • How much would they prefer to pay?
    • How much does each revenue stream contribute to overall revenues?

    Fixed pricing

    • List price
    • Product feature dependent
    • Customer segment dependent
    • Volume dependent

    Dynamic pricing

    • Negotiation (bargaining)
    • Yield management
    • Real-time market

    Types

    • Asset sale
    • Usage fee
    • Subscription fees
    • Lending/renting/leasing
    • Licensing
    • Brokerage fees
  10. Eco-social costs

    • What ecological or social costs is our business model causing?
    • Which key resources are non-renewable?
    • Which key activities use a lot of resources?

    Evaluation instruments:

    • Life-cycle assessment (of products and services)
    • Common good balance sheet
  11. Eco-social benefits

    • What ecological or social benefits is our business model generating?
    • Who are the beneficiaries? Are they potential customers?
    • Can we transform the benefits into a value proposition? If yes, for whom?

    Instruments:

    • Social reporting standard
    • Common good balance sheet