Business Model Canvas flashcards are a helpful study tool that breaks down the components and elements of a business model into easy-to-digest pieces. These flashcards can assist in memorizing key concepts, terms, and strategies related to business models.
The Business Model Canvas is a strategic management tool that allows businesses to visualize, design, and analyze their business model. It helps entrepreneurs and businesses to understand and communicate their business model in a simple and structured way, enabling them to identify potential risks and areas for improvement.
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quick facts
The Business Model Canvas is a strategic management tool used by businesses to visualize and brainstorm their business model.
It was created by Alexander Osterwalder and Yves Pigneur, and first introduced in their book “Business Model Generation” in 2010.
The canvas is made up of nine building blocks that represent key aspects of a business, including customer segments, value propositions, channels, revenue streams, and more.
Many successful companies, such as Airbnb and Uber, have used the Business Model Canvas to design and refine their business models.
Using the Business Model Canvas can help businesses identify potential flaws in their business model and come up with innovative solutions to address them.
card list
Front
Back
Customer Segments
Different Groups Of People Who Share Similar Needs Or Characteristics.
Value Proposition
A Value Proposition Is A Statement That Explains Why A Product Or Service Is Worth Buying.
Channels
Paths Or Ways For Things To Flow Through.
Customer Relationships
Interactions And Connections With Buyers.
Revenue Streams
Different Ways A Business Makes Money.
Key Resources
Key Resources Are The Most Important Things A Business Needs To Operate Successfully.
Key Activities
Tasks Or Actions That Are Essential For A Business To Operate Successfully.
Key Partnerships
Collaborating With Other Businesses Or Individuals To Achieve Mutual Benefits.
Cost Structure
Cost Structure Refers To The Expenses A Company Has To Pay To Operate.
Key Metrics
Important Numbers Used To Measure The Success Or Performance Of Something.
Unique Selling Proposition
What Makes A Product Different And Better Than Others.
Distribution Channels
The Path That Products Take To Get From The Producer To The Consumer.
Cost Of Customer Acquisition
The Cost To Acquire A New Customer.
Customer Lifetime Value
The Total Value A Company Expects To Make From A Customer Over Time.
Key Activities
The Main Tasks Or Actions A Business Needs To Do To Be Successful.
Revenue Model
A Plan For How A Business Makes Money.
Operating Expenses
Costs Incurred By A Business To Keep It Running.
Profit Margins
Profit Margins Are The Amount Of Money A Company Earns After Paying All Expenses.
Market Segments
Groups Of Consumers With Similar Characteristics Or Needs.
Key Performance Indicators
Metrics Used To Measure How Well A Company Is Achieving Its Goals.
