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Can I be a
business
model?
YOUR BUSINESS MODEL
what is that all about?
2013
Many businesses
fail
Big& Small
Small business
failure:
4 out of 5
in year 1
e.g.
HMV
Jessops
Blockbuster
Comet (2x)
And let’s not talk about the …
Big failures since 2010:
Don’t
blame the
Economy!
YOUR
BUSINESS MODEL
AS THE KEY
Business Model def:
What you do
How you do it
Who you sell it to
K
E
Y
THE Value proposition
Customers
Money
Practicalities
People
Answers on a
post-it
K
E
Y
THE Value proposition
What
Needor Problem
do you solve?
No marketing
blurb!
K
E
Y
THE
Customers
Who are your
Customers
and what’s your
Relationship?
What do you Really know
about you Customers?
K
E
Y
THE
Practicalities
What do you NEED to
Produce?
Sell?
Deliver?
Does it fit
your Value
Proposition?
K
E
Y
THE
People
Who are the
People in your
business?
Staff
Partners
Stakeholders
K
E
Y
THE
Money
Money
Money
Money
Revenue
less
Costs
=
???
Popular
Business
Models
Niche
Expertise, small set of products / services,
limited customer reach, straightforward
exchange
Most life-style businesses
Longtail
Selling less of more = large # of niche product,
each sells infrequently
e.g. Netflix, Ebay, Facebook, Lulu.com, Amazon
Multi-sided
Brings together two+ separate customer groups
& facilitates the interaction
e.g. Credit Cards, Google, Ebay, Amazon market place
Bait & Hook
Cheap/Free initial offer with a tie-in
e.g. Mobiles on contracts, Gillette Razors, Printers &
cartridges
Free/Freemium
Gives away product/service for free – financed
by other products / services
e.g. Skype, Google, Metro & Evening Standard, Museums
in London, many mobile apps
K
E
Y
THE Value proposition Customer
types
Customer
relationships
ChannelsKey
activities
Key
resources
Key staff
Key
Partners
Stakeholders
Income
streams
Cost
structures
Profits
Get the
tools
I see
Change
Scan
the
Future
Grab
opportunities
Enjoy your business
Acknowledgement
Content and Canvas
The business model canvas has been derived from the business model canvas developed by
Alexander Osterwalder and Yves Pigneur in their book “Business model generation”. The original
canvas has been remixed based on my personal experience with clients.
Link to the original source:
The business model patterns are also based on the same book by Osterwalder / Pigneur
Images
Flickr,
Urban Mogul Life
Decca Records
Design inspiration
Eric Feng & SlideComet
(
)

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Business model talk july 2013