1. What is the difference between Business model and Business strategy in general?
2. Define the Value preposition of the company:
-its products and services
-customer relations
-brand image
3. What is the revenue generation strategy of the company?
4. Define its cost structure
5. Define its value creation structure
Writing requirements:PPT
1. Create a Power Points Presentation of 15 – 16 slides.
Slide 1 (Title Slide)
Speaker Notes In today’s presentation, we’ll explore the fundamental building blocks of a successful business: the business model and the business strategy. We’ll differentiate between these terms and delve into the critical elements that define a company’s value proposition, revenue generation, cost structure, and value creation process.
Slide 2 (Agenda)
Speaker Notes This presentation will follow a clear roadmap. We’ll begin by understanding the distinct roles of business model and business strategy. Then, we’ll dissect the value proposition, the heart of what your company offers to customers. We’ll explore how your company generates revenue, followed by a breakdown of your cost structure. Finally, we’ll examine the value creation process, how you transform resources into customer value.
Slide 3 (Business Model vs. Business Strategy)
Speaker Notes Think of a business model as the blueprint for your business. It defines the core elements of your operation: what products or services you offer, how you deliver them to your customers, and how you create value for them. The business strategy, on the other hand, focuses on the “why” and “how” of achieving a competitive advantage. It outlines your long-term goals and the specific actions you’ll take to outperform your competitors in the market.
Slide 4 (Value Proposition)
Speaker Notes The value proposition is the cornerstone of your business. It clearly articulates what makes your company unique and the specific value you deliver to your customers. This value is shaped by three key elements:
Slide 5 (Value Proposition Example – Airbnb)
Speaker Notes Let’s look at an example. Airbnb’s value proposition combines its core product (an online marketplace for lodging) with a focus on customer relations (user-friendly platform and fostering a sense of community) to create a brand image of affordability and authentic travel experiences.
Slide 6 (Revenue Generation Strategy)