RESPONSE 3-1 Discussion: Business Model Canvas 400 (CG)
Question Description
I’m working on a business discussion question and need an explanation and answer to help me learn.
In your response to DBR3-1 (CG), address the following:
Provide at least one specific idea or recommendation to help them address the problem areas in their model.
Share any suggestions or tips that you found helpful when researching or working on your business idea.
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The nine segments of the business model canvas are customer value proposition, customer segments,
channels, customer relationships, revenue streams, key resources, key partners, key activities, and cost
structure. (Ebinum, 2016).
I think I can immediately complete the value proposition and customer segment, as well as customer
relationships and channels. Apple is already a well-established business, with a solid customer base and
customer relationships. The company also already has channels by which they reach their customers.
Because of this, these segments should be figured out quickly.
Key activities, resources, and partners may need a little more work as we figure out how to design and
distribute our product. This will be the first pet care product released by Apple. Once we establish key
resources and partnerships, we can determine the cost structure.
Ebinum, O. (2016, July 7). How to: Business model canvas explained. Medium. Retrieved from
https://medium.com/seed-digital/how-to-business-model-canvas-explained-ad3676b6fe4a
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