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Business Model Canvas

CSP 650 – Final Year Project

By: Prof. Dr. Nursuriati Jamil/ PM Dr Norizan Mat Diah

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Learning Outcomes

Understand the 9 building blocks of the Business Model Canvas (BMC)

Able to fill in the BMC for your FYP.

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Why Business Model?

  • One learning outcome of CSP650 – Propose the commercial potential for the undertaken solution
  • Business Canvas Model chosen to assess

students’ ability in entrepreneur skills.

  • Business plan (written report), Business model canvas, Lean model canvas

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What is a Business Canvas Model?

A framework to visualize a business model using a single sheet of paper.

Informs people of your business plans:

Your business operations?

Your source of revenues?

Your target customer?

Your products?

Your financial details?

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Business Model Canvas

Company Name

Designed By:

Date:

8. Cost Structure

Customer Acquisition costs

Distribution costs

Hosting

People, etc.

9. Revenue Streams

Revenue Model

Life Time Value

Revenue

Gross Margin

1. Key Partners

2. Key Activities

Top 3 features

6. Key Resources

Key activities you measure

3. Value Proposition

Single, clear, compelling message that states why you are different and worth paying attention

4. Customer Relationships

Acquire, Engage, Sustain customers

7.Channels

Path to customers

5.Customer Segments

Target customers

INFRASTRUCTURE

CUSTOMER VALUES

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The 9 Building Blocks

Key partners

Key Activities

Key Resources

Cost Structure

Customer Relationships

Customer Segments

Channels

Value Propositions

Revenue Streams

Customer Values

Infrastructure

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Where do I start?

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Where do I start?

  • You may begin in any of the 9 blocks.
  • Let’s look at 1) Customer Segments:
    • Who are your customer?
    • What are their characteristics?
    • E.g. FYP Title: Image-Based Calorie Counter for Malaysian Meals

Customer Segments

Mass Market: Adults aged 18 and above

Niche Market: Adults with diabetes, high-blood pressure or diet-controlled patients

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2. Value Propositions

Unique Value Proposition

  • Android-based Mobile application that calculates calorie of the food consumed
  • Available for popular meals in Malaysia
  • No need to enter any info, just capture photo of the food and click.

What is the product/solution/service will you deliver to your customer?

What is the benefit you offer compared to others?

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3. Channels

Channels

Path to customers

Advertise using social media

App purchased from Google PlayStore

How do you reach your customers?

Do you have a physical retail store?

Do you sell online (website/social media)?

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4. Customer Relationships

  • How do you acquire, engage and grow your customer?
  • What customer support do you provide?

Customer Relationship

Sustain customer

FAQs, chat bot 24x7

Special discounts for loyal customer

Free upgrades for registered customer

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5. Revenue Streams

How do you generate money?

Sales, Advertising, Licensing fee, Sponsorship

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6. Key Resources

  • What are the needs of your company to run the business?
    • Technical Skills
    • Human Resources
    • Physical Labour

Key Resources

Hardware & Software

Sales & Marketing team

Programmer

Graphic Designer

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7. Key Activities

  • What are the activities to excel in your business?
    • Strong marketing
    • Innovative design
    • High-quality services

Key activities

  • UI/UX design key factor in the mobile design
  • Lightweight learning model
  • Low installation requirements
  • Targeted marketing plan
  • Efficient technical support team

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8. Key Partners

  • Who can help you in your business?
  • Do we need help from our partners, or can we do it ourselves?

Key Partners

Helping hand

Marketing tools offered in social media

Group of freelancers

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9. Cost Structure

  • List the key costs and align it with value propositions.

Cost Structure

Online sales and direct to customer

Advertisement

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Business Model Canvas

Company Name

Designed By:

Date:

8. Cost Structure

Customer Acquisition costs

Distribution costs

Hosting

People, etc.

9. Revenue Streams

Sales, Advertising, Licensing fee, Sponsorship

  1. Key Partners

Social Media

Freelancers

2. Key Activities

  • UI/UX design key factor in the mobile design
  • Lightweight learning model
  • Low installation requirements
  • Targeted marketing plan
  • Efficient technical support team

6. Key Resources

Programmer

Graphic Designer

Hardware & Software

Sales & Marketing team

3. Value Proposition

Android-based Mobile application that calculates calorie of the food consumed

Available for popular meals in Malaysia

No need to enter any info, just capture photo of the food and click.

4. Customer Relationships

FAQs, chatbot 24x7,

Free upgrades for registered customer,

Special discounts for loyal customer.

7.Channels

Advertise using social media

App purchased from Google PlayStore

5.Customer Segments

Mass Market:

Adults aged 18 and above

Niche Market:

Adults with diabetes, high-blood pressure or diet-controlled patients

INFRASTRUCTURE

CUSTOMER VALUES

Customer Segments

Mass Market: Adults aged 18 and above

Niche Market: Adults with diabetes, high-blood pressure or diet-controlled patients

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Business Model Canvas VS Lean Canvas

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