Business model design
Learn how to identify a market gap, comes up with a business idea, develop a product offering, an approach to market with clear business model, guaranteed revenue streams. Define what sets the business apart from competitors (differentiation/ comparative advantage.
This training will cover the following in business idea validation and business model implementation
- How to Identify the problem your business is trying to solve
- How to identify the solution to the problem
- How to come up with a value preposition
- How to differentiate your business from existing alternatives to your product
- How to be innovative and develop product uniqueness
- How to effectively define customers segments and customer targeting
- how to choose both distribution and communication channels to reach your customers
- How to prioritize customer segments based on profitability
- Customer relationship management and customer experience
- Identify and optimize revenue streams through cross selling
- How to identify key required resources for your business success
- The key activities and tactic to implement
- How to identify key partnerships that bring success
- Defining the financial capital required for the business