Strategy & Planning

Business Model Canvas

Business Model Canvas visualizes your business across 9 key dimensions: customer segments, value propositions, channels, customer relationships, revenue streams, key resources, key activities, partnerships, and cost structure.

When to Use This Framework

Business planning
Model innovation
Strategic pivot planning
Investor presentations

How to Apply This Framework

  1. 1

    Fill Customer Segments

  2. 2

    Fill Value Propositions

  3. 3

    Fill Channels section

  4. 4

    Define Customer Relationships

  5. 5

    Detail Revenue Streams

  6. 6

    List Key Resources

  7. 7

    List Key Activities

  8. 8

    Identify Partnerships

  9. 9

    Map Cost Structure

Real-World Examples

Netflix transitioning from rental to streaming

Spotify model vs. Apple Music

Uber platform coordination model

Strengths

  • Comprehensive business view
  • Visual and easy to understand
  • Good for investor pitches

Limitations

  • Time-intensive to complete fully
  • Can miss important details
  • Requires business acumen

Related Frameworks

Consider combining this framework with:

Lean CanvasOKRsBusiness planning

Master Product Management

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