BMC-02 — Value Propositions
Concept: Value Proposition
Summary:
A value proposition is the bundle of products and services that creates value for a specific customer segment. It explains why customers choose one offering over alternatives.
Key Insight:
Customers do not buy products; they buy solutions to problems or ways to achieve desired outcomes.
Questions:
- What problem is being solved?
- What gain is being created?
- Why would customers choose this solution?
Links:
Reference
Strategyzer (2011) Business Model Canvas Explained. Available at: http://www.youtube.com/watch?v=QoAOzMTLP5s (Accessed: 31 May 2026).
Last Updated: 31/05/26