Value proposition canvas

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<ref>Osterwalder, Alexander and Pigneur, Yves, ''Business Model Generation'', 2010.</ref> The value proposition canvas is a tool that can be used to solve the customer's problems and fulfill their needs by providing products and services that creates value for the customers.  
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<ref>Osterwalder, Alexander and Pigneur, Yves, ''Business Model Generation'', 2010.</ref> In order to provide their customers with good service and valuable products, the company should define their value propositions. The ''Value proposition'' canvas is a tool that the project manager can use in order to solve the problems of specific customer segments and fulfill their needs by providing products and services that creates value.  
Having the right value propositions will make the customers choose one company instead of the competitors. The value propositions provides products and/or products that satisfies the requests of specific customer segments.  Value propositions can be innovative or resemble present propositions with added benefits. The Value proposition canvas can be split into two parts: The ''Value proposition'' and the ''Customer Segments''.  
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Project managers should design value proposition with benefits in order to attract customers and make them choose one company rather than its competitors.  
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The Value proposition canvas can be split into two parts: The ''Value Map'' and the ''Customer Profile''.  
  
<ref>https://lederindsigt.dk/vaerktoejer-skabeloner/strategi-og-forretningsudvikling/value-proposition-canvas/</ref>'''Value proposition''': includes looking at the products and services the company can provide or potentially develop in order to satisfy the customers. It is also used to determine how the products aid the customer segments and relieve them of their ‘pain’. The canvas also investigates how the services or products creates value for the customers.  
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<ref>https://lederindsigt.dk/vaerktoejer-skabeloner/strategi-og-forretningsudvikling/value-proposition-canvas/</ref>'''Value Map''': describes the value proposition in which the project manager looks at products and services that the company can provide or develop for the customer segment, how the products aid their customers and relieve them of their ‘pain’.  
  
'''Customer segments''': Considering what the customers wish to accomplish. Moreover, which ‘pains’ the customers encounter and which improvements they wish to see.  
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'''Customer profile''': the project manager describes the specific customer segment and considers which gains the customer seek as well as the ‘pains’ they may encounter and which improvements they wish to see.
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The project manager has to make sure that the value map and customer profile complement each other so that the customer segment is provided with the right products/service and that the customer’s pains are met with the right pain relievers.  
  
However, it is not enough to only choose good value propositions. Besides choosing the right value propositions, it is essential to also have a business model in order thrive.
 
 
== Description ==  
 
== Description ==  
  
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== Application==  
 
== Application==  
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== References ==  
 
== References ==  
 
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Revision as of 14:00, 16 February 2018

[1] In order to provide their customers with good service and valuable products, the company should define their value propositions. The Value proposition canvas is a tool that the project manager can use in order to solve the problems of specific customer segments and fulfill their needs by providing products and services that creates value. Project managers should design value proposition with benefits in order to attract customers and make them choose one company rather than its competitors. The Value proposition canvas can be split into two parts: The Value Map and the Customer Profile.

[2]Value Map: describes the value proposition in which the project manager looks at products and services that the company can provide or develop for the customer segment, how the products aid their customers and relieve them of their ‘pain’.

Customer profile: the project manager describes the specific customer segment and considers which gains the customer seek as well as the ‘pains’ they may encounter and which improvements they wish to see.

The project manager has to make sure that the value map and customer profile complement each other so that the customer segment is provided with the right products/service and that the customer’s pains are met with the right pain relievers.

Description

[3]The image illustrates the Value proposition canvas. The model is split into two parts: The value proposition (left) and the customer segment (right).

Application

References

  1. Osterwalder, Alexander and Pigneur, Yves, Business Model Generation, 2010.
  2. https://lederindsigt.dk/vaerktoejer-skabeloner/strategi-og-forretningsudvikling/value-proposition-canvas/
  3. https://strategyzer.com/canvas/value-proposition-canvas/
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