business model canvas by bhavna sehgal
Post on 15-Apr-2017
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What questions does your BMC answer?
1.How does your business create value?
2.How does your business deliver value?
3.How does your business capture value?
9 Building Blocks for your BMC.
Value Customer
Channels
CustomerRelation - ships
KeyActivities
Key Resource
Partner
RevenueCost
Young Living - Business Model Canvas
Moms between the ages of 30 and 45
Health Conscious for self and kids
Eco Savvy / Green (toxic free)
Buy organic foods
Value Proposition
Customers
Young Living - Business Model Canvas
Brings the power of ancient technique of using essential oils to alleviate lifestyle issues - at your fingertips.
Guaranteed quality - Seed to Seal program ™
Value Proposition
Young Living - Business Model Canvas
Through a member (wom)
Directly through company website (www.youngliving.ca)
Facebook page, twitter, pinterest, linkedIn, youtube
Channels
Young Living - Business Model Canvas
Formal support through phone and email
Personal support and advice (in person, email, phone, messaging)
CustomerRelation - ship
Young Living - Business Model Canvas
% of revenue earned by the company through sale of products
+Rewards are earned, by ambassadors of product, that can be redeemed towards future purchase of products
Revenues
Young Living - Business Model Canvas
Knowledge about internal environment (company, operations, user base, products etc)
Support from Young living global community
Support from corporate offices
Key Resources
Young Living - Business Model Canvas
Marketing
- where does my ideal customer hang out?
- Conversations and personal storytelling
Education about new products and applications
Sales
Key Activities
Young Living - Business Model Canvas
Young Living Headquarters (brand, product, knowledge, testimonials)
Colleagues (knowledge sharing)
Various community associations
Partner - ships
Young Living - Business Model Canvas
Time spent building network and spreading knowledge
Cost of products bought for personal use
Costs
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