Business Model Canvas Explained with Examples

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  • čas přidán 31. 05. 2024
  • Book Link: amzn.to/33nIhrR
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    In this video, we examine the 9 steps needed to create your first Business Model Canvas.
    Once we're done with the theory, we look at three examples to help bring the concept to life.
    The three Business Model Canvas examples we'll examine are Google, Skype, and Gillette.
    Book link: amzn.to/2UjlRXw
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Komentáře • 140

  • @IndigoPuma26281
    @IndigoPuma26281 Před 3 lety +86

    4:17 Customer Segments
    4:49 Value Propositions
    5:23 Channels
    6:05 Customer Relationships
    7:08 Revenue
    7:49 Customer related side of BMC
    8:22 Key Resources
    8:57 Key Activities
    9:21 Key Partners
    10:01 Cost Structure

  • @Livingwaterresources
    @Livingwaterresources Před 4 lety +37

    THANK YOU SO MUCH , AFTER 10 YEARS IN BUSINESS I FINALLY SETTLE DOWN TO DO BIZ MODEL DURING LOCKDOWN PERIOD .

  • @123ebsjallow
    @123ebsjallow Před rokem +30

    This is by far the clearest and most concise explanation of the Business Model Canvas. This has been really helpful. Thank you so much.

  • @manchul
    @manchul Před 4 lety +17

    14:21 Example3: Gillette was very interesting personally. "Bait and hook business model" is something new I learned today, and was easy to understand.

  • @eturntitv
    @eturntitv Před 3 lety +5

    It is a good tool to help folks visually understand what is going on in the organization. It is an easy to start tool to help everyone use a common vocabulary and converse with the hard facts which were previously masked in tons of redtape and mostly in spreadsheets of decision makers. Best part is the simplicity and the common language used to connect all in the organization and bring them all on the same page...

  • @heidireslow1642
    @heidireslow1642 Před 3 lety +9

    This is Excellent. I met with my SCORE Reps 2 weeks ago. I admitted to them that I have avoided writing a business plan. They were so happy to hear me confess this, and are more than willing to walk me through the steps to help me achieve this high priority goal! This video was excellent and I am so excited to finally focus on doing this once and for all! Thank You!

  • @pujithanilanka
    @pujithanilanka Před 5 lety +13

    Thanks a lot. This session has helped me a lot to understand the business model canvas, especially with the examples provided it make it more practical.

  • @k8ld0k
    @k8ld0k Před 3 lety +9

    Youre such a good teacher. This is easy and clear to understand. You helped me writing my bachelor thesis!

  • @ManhwaLoverzkiss
    @ManhwaLoverzkiss Před 4 lety +2

    The business model explained in the simplest way. Thanks a lot!

  • @Strawberryknight
    @Strawberryknight Před 4 lety +2

    Thanks for the walkthrough. It solves the mystery of the BM canvas.

  • @nikijunk9796
    @nikijunk9796 Před 3 lety +7

    Best and most systematic I've watched on Business Models so far. Thank you!

  • @shankarkc9170
    @shankarkc9170 Před 3 lety +2

    I have a Software Business here in California, USA. I am going to expand my business to Mexico and Canada too.
    this concept great. thanks

  • @chansopheak4942
    @chansopheak4942 Před 5 lety +4

    Thanks for sharing us with insightful business model Canvas.
    Wish to watch more videos of business or management strategies from you. Well done!!!

  • @annkurian9741
    @annkurian9741 Před 2 lety +1

    This presentation was very simple and made the BMC very easy to understand. Thank you!

  • @muhsinkhalif3621
    @muhsinkhalif3621 Před 3 lety

    Thank you for making this video! Wishing you peace and prosperity!

  • @philiplarbi9507
    @philiplarbi9507 Před 4 lety +2

    I have enjoyed every bit of the building block it will help me alot

  • @nicolacross5920
    @nicolacross5920 Před 4 lety +14

    Brilliant. I'm studying this eslewhere and needed further clarification. This has really helped, the examples were particularly useful to put it into practice.

  • @yajan6650
    @yajan6650 Před 4 lety +15

    Thank you for this amazing presentation. You must be a really good teacher.

  • @DevinelLimited
    @DevinelLimited Před 10 dny

    Business made easy to understand. Thank you so much.

  • @sharonjruwong6958
    @sharonjruwong6958 Před 4 lety +18

    im doing this business model assignment for this semester, and aslo business plan. I wanted to try to find more about question to crete for the part of business model. ur video that provide help me a lot. TQ

  • @GoAndStay
    @GoAndStay Před rokem

    Really helpful explanation. Simple, to the point and concise. Thanks

  • @hazdazzler
    @hazdazzler Před 3 lety

    what an amazing video; great explanation and the multiple examples rounds out the content nicely!

  • @kelebogilemokoka5617
    @kelebogilemokoka5617 Před 9 měsíci

    Very clear and detailed plus it has excellent examples. Thank you so much!!!

  • @w.b.graves7817
    @w.b.graves7817 Před 5 lety +2

    Well Done with great clarity

  • @redabedjaoui4939
    @redabedjaoui4939 Před 4 lety +5

    Extremely helpful and straight to the point. Thanks.

  • @danicasrsen4935
    @danicasrsen4935 Před 10 měsíci

    Thank you so much. Explanation and samples were great!

  • @rishabhmendon6317
    @rishabhmendon6317 Před 7 měsíci

    The video helped me a lot to create a business model canvas for my class at school. Thanks a ton!

  • @ConstanzaGiacomelli
    @ConstanzaGiacomelli Před 3 lety

    Wow... Great work. Clear and concise!

  • @VijayaLakshmi_24
    @VijayaLakshmi_24 Před 4 lety +14

    Thank you so much for this, it really helped me understand the BM so easily and clearly. Thanks a lot.

  • @richardgordon
    @richardgordon Před rokem

    Really thrilled to have found this channel on CZcams. Am eating up your videos and learning a lot!

  • @sanaeftekhari7681
    @sanaeftekhari7681 Před 3 lety

    I really enjoy watching your video! very informative. Thanks a lot

  • @santialtamirano8621
    @santialtamirano8621 Před 3 lety

    Thank you, crystal clear information!

  • @igfinancialservices6911

    Very well explained and discussed.You deserve a credit.

  • @mariafleet5339
    @mariafleet5339 Před 3 lety +3

    Thank you for your lesson. This is helping me to focus and set up a revised model for my small business that is suffering due to COVID-19. Keep up the good work.

    • @epm8805
      @epm8805  Před 3 lety

      Thank you. Good luck with your business!

  • @fairylu9866
    @fairylu9866 Před 5 lety

    Thanks for your video. It really helps me to finish the business model canvas and I really appreciate that.

  • @aryanamiranda3240
    @aryanamiranda3240 Před 3 lety

    Thank you for posting such informative video!

  • @irfanseyaz1439
    @irfanseyaz1439 Před 2 lety

    Thank you very much, it really helps. Just a small note: At the last slide, last sentence instead of 'you should', it is written 'you show'.

  • @GAMEACRCADE
    @GAMEACRCADE Před 2 lety +1

    I get to understand this more than the other ones that was explained to me

  • @MatthewAGilbert
    @MatthewAGilbert Před 4 lety +3

    EXAMPLE 1: Google (10:37)
    EXAMPLE 2: Skype (12:36)
    EXAMPLE 3: Gillette (14:22)

  • @preciousnyahuma3559
    @preciousnyahuma3559 Před 3 lety +1

    Thank you so much... It really helped me understand business model canvas

  • @starttakinnotez
    @starttakinnotez Před 8 měsíci

    Thank you,
    I have a much better view of the bigger picture for starting my own cannabis cultivation company!

  • @bkchandanshresthamuskanuni5728

    with gratitude for idea sharing really simple sample way to understand with eg of google and skypee

  • @Lil90zCreativepen
    @Lil90zCreativepen Před 5 měsíci

    Thank you it was a clear info for me on business model

  • @arthurkearney6193
    @arthurkearney6193 Před 2 lety

    Thanks, again top class presenting, exposition and concise

  • @IbrahimBashir
    @IbrahimBashir Před 5 lety

    Thank you for this!

  • @pradeeocoleen9828
    @pradeeocoleen9828 Před 3 měsíci

    thanks for the explaination.

  • @thaypiseth0078
    @thaypiseth0078 Před 22 dny

    Great explained.

  • @MoFarisOld
    @MoFarisOld Před 2 lety

    شكرا جزيلا... شرح مهم و مفيد اشكرك مرة ثانية بالعربية .
    thank you

  • @sophieamat9467
    @sophieamat9467 Před 3 lety

    Easy to understand presentation. Thank you

  • @lilyuupindi
    @lilyuupindi Před rokem

    This video has been very helpful. Thank you so much☺

  • @quentinbricard
    @quentinbricard Před rokem

    Thank you for this video!

  • @itsmesophie7186
    @itsmesophie7186 Před 2 lety

    Thank you this is very informative and very helpful as well.

  • @makhotherichardmatli7852
    @makhotherichardmatli7852 Před 3 lety +1

    Thank you so much for the explanation. Now I am no longer in the dark.

  • @eucomplex5533
    @eucomplex5533 Před 8 měsíci

    Thank you I learned a lot the best video so far

  • @alfredyt
    @alfredyt Před 3 lety

    Thank you, the easiest way described

  • @sherlynfernandes8864
    @sherlynfernandes8864 Před 3 lety +7

    Learning this for 6 months at college, took me this video once to understand.😂

  • @praveeneswarappa8501
    @praveeneswarappa8501 Před 28 dny

    that was great presentation with more clarity on Business Canvas Model. Just wanted to check where can the BCM be used in the banking industry if you could please share few examples ?

  • @huythinhnguyen3873
    @huythinhnguyen3873 Před 4 lety

    Truly help me! Thanks!

  • @nelsofficiel7357
    @nelsofficiel7357 Před 3 lety

    Really helpful. Thanks a lot!

  • @theanglohouse601
    @theanglohouse601 Před 4 lety

    EXCELLENT! Thank you!

  • @vigilhammer
    @vigilhammer Před 4 lety

    Brilliant.
    thanks!

  • @louma7653
    @louma7653 Před 4 lety

    thank you so much very helpful Sir

  • @leforjoseph5371
    @leforjoseph5371 Před 2 lety

    Clear and precise

  • @nawawishkid
    @nawawishkid Před 4 lety

    Wow, thanks for sharing :)

  • @user-cg3uf5ln6l
    @user-cg3uf5ln6l Před rokem

    Thank you so much❤️❤️❤️

  • @volunteersub4750
    @volunteersub4750 Před 4 lety +1

    Thank you!

  • @syedmdjabirsaad9697
    @syedmdjabirsaad9697 Před 2 lety +1

    Thank you so much.

  • @sitihajarmdjani5077
    @sitihajarmdjani5077 Před 4 lety

    Thanks.. help me a lot

  • @rerehersala942
    @rerehersala942 Před 4 lety

    nice share..thank you!

  • @behishtaazizi845
    @behishtaazizi845 Před 4 lety

    Thank you so much

  • @zaamrankhan7279
    @zaamrankhan7279 Před 2 lety

    Really simpe easy to understand and learn, thank you 💯

  • @muneebshafique
    @muneebshafique Před rokem

    Great Job ♥ Man

  • @lorenzodwin
    @lorenzodwin Před 2 lety +1

    THANK YOU!!!

  • @amitrungta8007
    @amitrungta8007 Před 3 lety

    thank you so much

  • @nyengedzojecoline6043
    @nyengedzojecoline6043 Před 4 lety +1

    Thank you it really helped alot..

  • @omkarpatil791
    @omkarpatil791 Před rokem +1

    Thank You 😊

  • @chew4546
    @chew4546 Před 4 lety

    helps me alot

  • @MaggieMkkongg
    @MaggieMkkongg Před 2 lety

    Can you do one about the Value proposition canvas model and similar models to it?

  • @edparrera4455
    @edparrera4455 Před 4 lety

    Really needed this 🥰🤓 #hempfuelgroup ✌️

  • @ritagabriel4336
    @ritagabriel4336 Před 4 lety

    Wow so impressed

  • @Mrconcretecoatings
    @Mrconcretecoatings Před 2 měsíci

    Very good

  • @gadass4067
    @gadass4067 Před 3 lety

    Well explanined

  • @thatsit1754
    @thatsit1754 Před rokem

    I'm right now actually studying this model business in order to teach people and I had a question? Is this business model actually suitable for people who only sell their products outside of the building? I mean there are some people who did business beside the road and a lot of people especially old people didn't know how to use mobile phone except for calling and sending messages. Can I relate this business model with their business? Thank you :) This video is very simple and easy to understand btw

  • @Luxuberrys
    @Luxuberrys Před 4 lety

    Excelent video. Thank you very much for sharing!

  • @mohamedfatukargbo
    @mohamedfatukargbo Před rokem +1

    Great.

  • @Moonlight11601
    @Moonlight11601 Před 2 lety +1

    Thank you 🙏🏼🌷👍🏼🇸🇦

  • @swapnilgada9214
    @swapnilgada9214 Před 4 lety +2

    Key points explained with simplicity! Keep Growing! Regards! @swapnilgada

  • @voonture
    @voonture Před 3 lety +3

    The part I require help with is Customer Segments which is the first building block of a business model according to the book. The part that is confusing to me is that it mentions "There are different types of Customer Segments. Here are some examples:" it goes on to list 5 different examples which are 1. Mass market 2. Niche Market 3. Segmented 4. Diversified 5. Multi-sided platforms.
    Questions I have:
    Are these 5 different examples different ways you can classify different customer segments?
    Is the "Mass market" example actually a customer segment? Because it says "business models focused on mass markets don't distinguish between different Customer Segments" does that sentence actually not make it a customer segment since it does not focus on customer Segments?
    Could you consider age, behaviour, or geography different types of Customer Segments?

    • @2sexyy
      @2sexyy Před 2 lety +1

      I got confused with that too

  • @saikumarkotte8853
    @saikumarkotte8853 Před 3 lety

    And we call this a perfect presentation!!!!. no one, not even the guys with lot of experience can explain it with that precision.. thank you and we expect lot more videos' from you brother

  • @ujuziwetucbo1568
    @ujuziwetucbo1568 Před 2 lety

    good one

  • @nuttapongngamjinaporn7086
    @nuttapongngamjinaporn7086 Před 5 měsíci

    I have to admit that I disagree with Value proposition of Gillette example. As we can see that Value proposition of Google & Skype saying about what are customer Needs & Gains. But in Gillette case is saying how company make money, acquire and retain their customers with Bait and hook which I think it should be part of revenue stream.

  • @Danmnish
    @Danmnish Před 4 lety +1

    Good, but why start with the customer segment without first finding the problem you are solving?

  • @abasis.baruti9819
    @abasis.baruti9819 Před 4 lety

    2:32 Building Blocks Overview

  • @dheyaa8
    @dheyaa8 Před 11 měsíci

    it’s a good section

  • @carrie_kinglhsng2035
    @carrie_kinglhsng2035 Před 3 měsíci

    Channels (how did your servers delivered to the market?

  • @bibekpokharel6395
    @bibekpokharel6395 Před 9 měsíci

    i love this contain ❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤

  • @christinemaerobles1574

    Will a product fail without any one of the building blocks ?

  • @engdawlah
    @engdawlah Před 4 lety

    Thank you for this video
    I would like to ask some fundamental question :
    If we fulfill all of this nine blocks, is that mean a success business, or is there some other bocks should be add ?
    In other words, is that enough or their is some thing else ??
    Thanks in advance for your time
    My best regads

  • @omarzakaria9611
    @omarzakaria9611 Před 4 lety +1

    Hello
    First of all thank you for this brilliant video.
    I have a question though. I am starting an e-commerce business that will have both B2B and B2C, is it better to have a single Business Model Canvas for both business types? or should I separate them ie; a business model canvas for the B2B and another business model canvas for the B2C?
    Thanks in advance

    • @CapoJoe101
      @CapoJoe101 Před 4 lety

      You should build both customers into one model under different customer segments. The point of the canvas is to show all of the functions in one page making it easy to digest, I would say making two complicates things slightly and id imagine you'd have some overlap in the other 8 sections too.

    • @omarzakaria9611
      @omarzakaria9611 Před 4 lety

      Javen Jav thanks bro!

  • @makkamao
    @makkamao Před 5 lety

    just check your last slide: "you should be..." NOT "you show". thanks for the video.