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GROWING GAMES 2014
Wifi: On the seats..
Twitter: #growinggames
Program
A word from our host, ITU
Growing Games: The rules!
Time to meet and greet
Today’s focus
Mini springboard: Simon Kaastrup-Olesen from How Far
Games
Introduction to Lean Canvas
Workshop session and reflection
Lunch
Key note: Tim Sheppard
Q&A
Workshop: Back to the canvas
Coffee break
Pitch training
This is Growing Games!
We talk
business
Everyone
pitch!
You
create
Growing
Games
All about
networking
Use each
other, share
and be open
Engine
room
This is Growing Games!
Growth
Business
development
tools
Network
+ =
April 29
Kick-off
May 14
Mone-
tization
June 2
Raising
capital
June 25
Noticed
with PR
STAY
TUNED
Who are you and whats your
project?
What has happened since
the last workshop?
Or
Why are you part of
Growing Games?
What is your biggest
challenge rigth now?
Meet and greet
1. Who are you?
2. Whats your project
3. Why are you part of Growing Games?
Aim of the workshop
1. Introduce a tool to develop your business model
2. Learn about monetization
3. Expand your network
Business models
Step 1: Idea
Step 2: ?
Step 3: $$$$$$$$
Needs
The situations
in which you
imagine your
users
engaging with
your product
and the need
they have
Value
proposition
Single, clear
and
compelling
message that
states what
your
customers get
- why you are
different and
worth paying
attention to
Solution
Key features of
your product that
connect your
users’ needs with
your value
proposition
Key metrics
Key activities you
measure - either
internal or
external activities
Your path to
customers - both
communication
and sales
Unfair
advantage
What makes you
stand out that
cannot be copied
or bought
Channels
Target
segments
Your target
customers -
but that can be
both users,
purchasers and
partners
Costs Revenue stream / Monetization
Type of costs in your business
model - personel, ressources,
activities
How you will monetize your product. The
revenue model built into your products.
Where, how and for what can people
pay?
Where else will you find revenue?
Can you drive revenue from partners?
Needs
The situations
in which you
imagine your
users
engaging with
your product
and the need
they have
Value
proposition
Solution
Key features of
your product that
connect your
users’ needs with
your value
proposition
Key metrics
Key activities you
measure - either
internal or
external activities
Your path to
customers - both
communication
and sales
Unfair
advantage
What makes you
stand out that
cannot be copied
or bought
Channels
Target
segments
Costs Revenue stream / Monetization
Type of costs in your business
model - personel, ressources,
activities
How you will monetize your product. The
revenue model built into your products.
Where, how and for what can people
pay?
Where else will you find revenue?
Can you drive revenue from partners?
PRODUCT MARKET
VALUE
PROPO-
SITION
FINANCIAL VIABILITY
Single, clear
and
compelling
message that
states what
your
customers get
- why you are
different and
worth paying
attention to
Your target
customers -
but that can be
both users,
purchasers and
partners
The canvas
step by step
#1 Value proposition
• The reason users/
customers choose you
• What value does your
product deliver?
• Which problems are your
solving?
• Which needs are you
satisfying?
Needs
The situations
in which you
imagine your
users
engaging with
your product
and the need
they have
Value
proposition
Single, clear
and
compelling
message that
states what
your
customers get
- why you are
different and
worth paying
attention to
Solution
Key features of
your product that
connect your
users’ needs with
your value
proposition
Key metrics
Key activities you
measure - either
internal or
external activities
Your path to
customers - both
communication
and sales
Unfair
advantage
What makes you
stand out that
cannot be copied
or bought
Channels
Target
segments
Your target
customers -
but that can be
both users,
purchasers and
partners
Costs Revenue stream / Monetization
Type of costs in your business
model - personel, ressources,
activities
How you will monetize your product. The
revenue model built into your products.
Where, how and for what can people
pay?
Where else will you find revenue?
Can you drive revenue from partners?
Examples
• “Newness”
• Performance
• Customization
• Getting the job done
• Design, artistic value
• Brand, status
• Price
• Accessibility
• Usability
Needs
The situations
in which you
imagine your
users
engaging with
your product
and the need
they have
Value
proposition
Single, clear
and
compelling
message that
states what
your
customers get
- why you are
different and
worth paying
attention to
Solution
Key features of
your product that
connect your
users’ needs with
your value
proposition
Key metrics
Key activities you
measure - either
internal or
external activities
Your path to
customers - both
communication
and sales
Unfair
advantage
What makes you
stand out that
cannot be copied
or bought
Channels
Target
segments
Your target
customers -
but that can be
both users,
purchasers and
partners
Costs Revenue stream / Monetization
Type of costs in your business
model - personel, ressources,
activities
How you will monetize your product. The
revenue model built into your products.
Where, how and for what can people
pay?
Where else will you find revenue?
Can you drive revenue from partners?
#2 Target segments
• For whom are you
creating value?
• Who are your most
important customers?
Needs
The situations
in which you
imagine your
users
engaging with
your product
and the need
they have
Value
proposition
Single, clear
and
compelling
message that
states what
your
customers get
- why you are
different and
worth paying
attention to
Solution
Key features of
your product that
connect your
users’ needs with
your value
proposition
Key metrics
Key activities you
measure - either
internal or
external activities
Your path to
customers - both
communication
and sales
Unfair
advantage
What makes you
stand out that
cannot be copied
or bought
Channels
Target
segments
Your target
customers -
but that can be
both users,
purchasers and
partners
Costs Revenue stream / Monetization
Type of costs in your business
model - personel, ressources,
activities
How you will monetize your product. The
revenue model built into your products.
Where, how and for what can people
pay?
Where else will you find revenue?
Can you drive revenue from partners?
Examples
• Mass market
• Niche market
• Segmentet market
• Multi-sided market
Needs
The situations
in which you
imagine your
users
engaging with
your product
and the need
they have
Value
proposition
Single, clear
and
compelling
message that
states what
your
customers get
- why you are
different and
worth paying
attention to
Solution
Key features of
your product that
connect your
users’ needs with
your value
proposition
Key metrics
Key activities you
measure - either
internal or
external activities
Your path to
customers - both
communication
and sales
Unfair
advantage
What makes you
stand out that
cannot be copied
or bought
Channels
Target
segments
Your target
customers -
but that can be
both users,
purchasers and
partners
Costs Revenue stream / Monetization
Type of costs in your business
model - personel, ressources,
activities
How you will monetize your product. The
revenue model built into your products.
Where, how and for what can people
pay?
Where else will you find revenue?
Can you drive revenue from partners?
#3 Needs
• Which needs are you
fulfilling?
• In which situations do
your users use your
product?
Needs
The situations
in which you
imagine your
users
engaging with
your product
and the need
they have
Value
proposition
Single, clear
and
compelling
message that
states what
your
customers get
- why you are
different and
worth paying
attention to
Solution
Key features of
your product that
connect your
users’ needs with
your value
proposition
Key metrics
Key activities you
measure - either
internal or
external activities
Your path to
customers - both
communication
and sales
Unfair
advantage
What makes you
stand out that
cannot be copied
or bought
Channels
Target
segments
Your target
customers -
but that can be
both users,
purchasers and
partners
Costs Revenue stream / Monetization
Type of costs in your business
model - personel, ressources,
activities
How you will monetize your product. The
revenue model built into your products.
Where, how and for what can people
pay?
Where else will you find revenue?
Can you drive revenue from partners?
Examples
• Relaxation
• Entertainment
• Learning
• Escaping
• Peace and quiet
• ...
Needs
The situations
in which you
imagine your
users
engaging with
your product
and the need
they have
Value
proposition
Single, clear
and
compelling
message that
states what
your
customers get
- why you are
different and
worth paying
attention to
Solution
Key features of
your product that
connect your
users’ needs with
your value
proposition
Key metrics
Key activities you
measure - either
internal or
external activities
Your path to
customers - both
communication
and sales
Unfair
advantage
What makes you
stand out that
cannot be copied
or bought
Channels
Target
segments
Your target
customers -
but that can be
both users,
purchasers and
partners
Costs Revenue stream / Monetization
Type of costs in your business
model - personel, ressources,
activities
How you will monetize your product. The
revenue model built into your products.
Where, how and for what can people
pay?
Where else will you find revenue?
Can you drive revenue from partners?
#4 Solution
• What are the key
features of your
product that make it
drive value for your
users/customers?
Needs
The situations
in which you
imagine your
users
engaging with
your product
and the need
they have
Value
proposition
Single, clear
and
compelling
message that
states what
your
customers get
- why you are
different and
worth paying
attention to
Solution
Key features of
your product that
connect your
users’ needs with
your value
proposition
Key metrics
Key activities you
measure - either
internal or
external activities
Your path to
customers - both
communication
and sales
Unfair
advantage
What makes you
stand out that
cannot be copied
or bought
Channels
Target
segments
Your target
customers -
but that can be
both users,
purchasers and
partners
Costs Revenue stream / Monetization
Type of costs in your business
model - personel, ressources,
activities
How you will monetize your product. The
revenue model built into your products.
Where, how and for what can people
pay?
Where else will you find revenue?
Can you drive revenue from partners?
Examples
• Special characteristics
about your...
• Storyworld?
• Characters?
• Design?
• User journey?
• Pricing?
• Business model?
• Technical features?
Needs
The situations
in which you
imagine your
users
engaging with
your product
and the need
they have
Value
proposition
Single, clear
and
compelling
message that
states what
your
customers get
- why you are
different and
worth paying
attention to
Solution
Key features of
your product that
connect your
users’ needs with
your value
proposition
Key metrics
Key activities you
measure - either
internal or
external activities
Your path to
customers - both
communication
and sales
Unfair
advantage
What makes you
stand out that
cannot be copied
or bought
Channels
Target
segments
Your target
customers -
but that can be
both users,
purchasers and
partners
Costs Revenue stream / Monetization
Type of costs in your business
model - personel, ressources,
activities
How you will monetize your product. The
revenue model built into your products.
Where, how and for what can people
pay?
Where else will you find revenue?
Can you drive revenue from partners?
#5 Unfair advantage
• What is it that you do
or your product does,
which cannot be easily
copied?
• How are you different
from your
competitors?
Needs
The situations
in which you
imagine your
users
engaging with
your product
and the need
they have
Value
proposition
Single, clear
and
compelling
message that
states what
your
customers get
- why you are
different and
worth paying
attention to
Solution
Key features of
your product that
connect your
users’ needs with
your value
proposition
Key metrics
Key activities you
measure - either
internal or
external activities
Your path to
customers - both
communication
and sales
Unfair
advantage
What makes you
stand out that
cannot be copied
or bought
Channels
Target
segments
Your target
customers -
but that can be
both users,
purchasers and
partners
Costs Revenue stream / Monetization
Type of costs in your business
model - personel, ressources,
activities
How you will monetize your product. The
revenue model built into your products.
Where, how and for what can people
pay?
Where else will you find revenue?
Can you drive revenue from partners?
Examples
• Could be...
• Specific competencies
• Knowledge
• Position in the market
• Features about your
storyworld or product
• Network or contacts
• ...?
Needs
The situations
in which you
imagine your
users
engaging with
your product
and the need
they have
Value
proposition
Single, clear
and
compelling
message that
states what
your
customers get
- why you are
different and
worth paying
attention to
Solution
Key features of
your product that
connect your
users’ needs with
your value
proposition
Key metrics
Key activities you
measure - either
internal or
external activities
Your path to
customers - both
communication
and sales
Unfair
advantage
What makes you
stand out that
cannot be copied
or bought
Channels
Target
segments
Your target
customers -
but that can be
both users,
purchasers and
partners
Costs Revenue stream / Monetization
Type of costs in your business
model - personel, ressources,
activities
How you will monetize your product. The
revenue model built into your products.
Where, how and for what can people
pay?
Where else will you find revenue?
Can you drive revenue from partners?
#6: Channels
• How do you communicate
with and reach your
customer segments?
• What is your go-to market
strategy? How do you
publish and sell?
Needs
The situations
in which you
imagine your
users
engaging with
your product
and the need
they have
Value
proposition
Single, clear
and
compelling
message that
states what
your
customers get
- why you are
different and
worth paying
attention to
Solution
Key features of
your product that
connect your
users’ needs with
your value
proposition
Key metrics
Key activities you
measure - either
internal or
external activities
Your path to
customers - both
communication
and sales
Unfair
advantage
What makes you
stand out that
cannot be copied
or bought
Channels
Target
segments
Your target
customers -
but that can be
both users,
purchasers and
partners
Costs Revenue stream / Monetization
Type of costs in your business
model - personel, ressources,
activities
How you will monetize your product. The
revenue model built into your products.
Where, how and for what can people
pay?
Where else will you find revenue?
Can you drive revenue from partners?
Examples
• How...
• Do you create awareness?
• Can the customer evaluate
your products?
• Does the customer buy your
products?
• Do you deliver the products?
• Do you deliver service and
boost sales?
Needs
The situations
in which you
imagine your
users
engaging with
your product
and the need
they have
Value
proposition
Single, clear
and
compelling
message that
states what
your
customers get
- why you are
different and
worth paying
attention to
Solution
Key features of
your product that
connect your
users’ needs with
your value
proposition
Key metrics
Key activities you
measure - either
internal or
external activities
Your path to
customers - both
communication
and sales
Unfair
advantage
What makes you
stand out that
cannot be copied
or bought
Channels
Target
segments
Your target
customers -
but that can be
both users,
purchasers and
partners
Costs Revenue stream / Monetization
Type of costs in your business
model - personel, ressources,
activities
How you will monetize your product. The
revenue model built into your products.
Where, how and for what can people
pay?
Where else will you find revenue?
Can you drive revenue from partners?
#7: Key metrics
• The key activities you
decide to measure that will
help you decide whether
or not you are moving
towards your goal.
Needs
The situations
in which you
imagine your
users
engaging with
your product
and the need
they have
Value
proposition
Single, clear
and
compelling
message that
states what
your
customers get
- why you are
different and
worth paying
attention to
Solution
Key features of
your product that
connect your
users’ needs with
your value
proposition
Key metrics
Key activities you
measure - either
internal or
external activities
Your path to
customers - both
communication
and sales
Unfair
advantage
What makes you
stand out that
cannot be copied
or bought
Channels
Target
segments
Your target
customers -
but that can be
both users,
purchasers and
partners
Costs Revenue stream / Monetization
Type of costs in your business
model - personel, ressources,
activities
How you will monetize your product. The
revenue model built into your products.
Where, how and for what can people
pay?
Where else will you find revenue?
Can you drive revenue from partners?
Examples
• You can measure both internal
and external activities
• Internal are product or
development oriented activities -
whether you develop on time or
on the right ressources.
• External are market oriented
activities such as customer
acquisition, retention, sales,
conversion rates.
Needs
The situations
in which you
imagine your
users
engaging with
your product
and the need
they have
Value
proposition
Single, clear
and
compelling
message that
states what
your
customers get
- why you are
different and
worth paying
attention to
Solution
Key features of
your product that
connect your
users’ needs with
your value
proposition
Key metrics
Key activities you
measure - either
internal or
external activities
Your path to
customers - both
communication
and sales
Unfair
advantage
What makes you
stand out that
cannot be copied
or bought
Channels
Target
segments
Your target
customers -
but that can be
both users,
purchasers and
partners
Costs Revenue stream / Monetization
Type of costs in your business
model - personel, ressources,
activities
How you will monetize your product. The
revenue model built into your products.
Where, how and for what can people
pay?
Where else will you find revenue?
Can you drive revenue from partners?
#8: Revenue streams
• Your mechanisms for
monetizing on your
product - the how, when
and where your customers
can put money down.
Needs
The situations
in which you
imagine your
users
engaging with
your product
and the need
they have
Value
proposition
Single, clear
and
compelling
message that
states what
your
customers get
- why you are
different and
worth paying
attention to
Solution
Key features of
your product that
connect your
users’ needs with
your value
proposition
Key metrics
Key activities you
measure - either
internal or
external activities
Your path to
customers - both
communication
and sales
Unfair
advantage
What makes you
stand out that
cannot be copied
or bought
Channels
Target
segments
Your target
customers -
but that can be
both users,
purchasers and
partners
Costs Revenue stream / Monetization
Type of costs in your business
model - personel, ressources,
activities
How you will monetize your product. The
revenue model built into your products.
Where, how and for what can people
pay?
Where else will you find revenue?
Can you drive revenue from partners?
Examples
• In-game or in-app
purchases.
• Pay 2 play
• User subscriptions
• User fees
• Advertising
• Strategic partnerships
• Sponsorships
Needs
The situations
in which you
imagine your
users
engaging with
your product
and the need
they have
Value
proposition
Single, clear
and
compelling
message that
states what
your
customers get
- why you are
different and
worth paying
attention to
Solution
Key features of
your product that
connect your
users’ needs with
your value
proposition
Key metrics
Key activities you
measure - either
internal or
external activities
Your path to
customers - both
communication
and sales
Unfair
advantage
What makes you
stand out that
cannot be copied
or bought
Channels
Target
segments
Your target
customers -
but that can be
both users,
purchasers and
partners
Costs Revenue stream / Monetization
Type of costs in your business
model - personel, ressources,
activities
How you will monetize your product. The
revenue model built into your products.
Where, how and for what can people
pay?
Where else will you find revenue?
Can you drive revenue from partners?
#9: Costs
• The costs associated with
developing and driving
your business model.
Needs
The situations
in which you
imagine your
users
engaging with
your product
and the need
they have
Value
proposition
Single, clear
and
compelling
message that
states what
your
customers get
- why you are
different and
worth paying
attention to
Solution
Key features of
your product that
connect your
users’ needs with
your value
proposition
Key metrics
Key activities you
measure - either
internal or
external activities
Your path to
customers - both
communication
and sales
Unfair
advantage
What makes you
stand out that
cannot be copied
or bought
Channels
Target
segments
Your target
customers -
but that can be
both users,
purchasers and
partners
Costs Revenue stream / Monetization
Type of costs in your business
model - personel, ressources,
activities
How you will monetize your product. The
revenue model built into your products.
Where, how and for what can people
pay?
Where else will you find revenue?
Can you drive revenue from partners?
Examples
• People (salaries)
• Hosting
• Distribution costs
• Customer acquisition costs
(advertising, publisher)
Needs
The situations
in which you
imagine your
users
engaging with
your product
and the need
they have
Value
proposition
Single, clear
and
compelling
message that
states what
your
customers get
- why you are
different and
worth paying
attention to
Solution
Key features of
your product that
connect your
users’ needs with
your value
proposition
Key metrics
Key activities you
measure - either
internal or
external activities
Your path to
customers - both
communication
and sales
Unfair
advantage
What makes you
stand out that
cannot be copied
or bought
Channels
Target
segments
Your target
customers -
but that can be
both users,
purchasers and
partners
Costs Revenue stream / Monetization
Type of costs in your business
model - personel, ressources,
activities
How you will monetize your product. The
revenue model built into your products.
Where, how and for what can people
pay?
Where else will you find revenue?
Can you drive revenue from partners?
Needs
The situations
in which you
imagine your
users
engaging with
your product
and the need
they have
Value
proposition
Solution
Key features of
your product that
connect your
users’ needs with
your value
proposition
Key metrics
Key activities you
measure - either
internal or
external activities
Your path to
customers - both
communication
and sales
Unfair
advantage
What makes you
stand out that
cannot be copied
or bought
Channels
Target
segments
Costs Revenue stream / Monetization
Type of costs in your business
model - personel, ressources,
activities
How you will monetize your product. The
revenue model built into your products.
Where, how and for what can people
pay?
Where else will you find revenue?
Can you drive revenue from partners?
PRODUCT MARKET
VALUE
PROPO-
SITION
FINANCIAL VIABILITY
Single, clear
and
compelling
message that
states what
your
customers get
- why you are
different and
worth paying
attention to
Your target
customers -
but that can be
both users,
purchasers and
partners
Workshop #1
1. In groups of 2 or 3..
2. Discuss your business model using the canvas
3. Focus on value proposition, target segments
and financial viability.
Needs
The situations
in which you
imagine your
users
engaging with
your product
and the need
they have
Value
proposition
Single, clear
and
compelling
message that
states what
your
customers get
- why you are
different and
worth paying
attention to
Solution
Key features of
your product that
connect your
users’ needs with
your value
proposition
Key metrics
Key activities you
measure - either
internal or
external activities
Your path to
customers - both
communication
and sales
Unfair
advantage
What makes you
stand out that
cannot be copied
or bought
Channels
Target
segments
Your target
customers -
but that can be
both users,
purchasers and
partners
Costs Revenue stream / Monetization
Type of costs in your business
model - personel, ressources,
activities
How you will monetize your product. The
revenue model built into your products.
Where, how and for what can people
pay?
Where else will you find revenue?
Can you drive revenue from partners?
1
3
2
LUNCH
Next time!
June 2nd
Host: Startupbootcamp
Raising capital
Online sign up is now
open!

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GrowingGames. The Business Model Canvas - Step-by-step

  • 1. GROWING GAMES 2014 Wifi: On the seats.. Twitter: #growinggames Program A word from our host, ITU Growing Games: The rules! Time to meet and greet Today’s focus Mini springboard: Simon Kaastrup-Olesen from How Far Games Introduction to Lean Canvas Workshop session and reflection Lunch Key note: Tim Sheppard Q&A Workshop: Back to the canvas Coffee break Pitch training
  • 2. This is Growing Games! We talk business Everyone pitch! You create Growing Games All about networking Use each other, share and be open Engine room This is Growing Games! Growth Business development tools Network + =
  • 3. April 29 Kick-off May 14 Mone- tization June 2 Raising capital June 25 Noticed with PR STAY TUNED Who are you and whats your project? What has happened since the last workshop? Or Why are you part of Growing Games? What is your biggest challenge rigth now?
  • 4. Meet and greet 1. Who are you? 2. Whats your project 3. Why are you part of Growing Games? Aim of the workshop 1. Introduce a tool to develop your business model 2. Learn about monetization 3. Expand your network
  • 5. Business models Step 1: Idea Step 2: ? Step 3: $$$$$$$$ Needs The situations in which you imagine your users engaging with your product and the need they have Value proposition Single, clear and compelling message that states what your customers get - why you are different and worth paying attention to Solution Key features of your product that connect your users’ needs with your value proposition Key metrics Key activities you measure - either internal or external activities Your path to customers - both communication and sales Unfair advantage What makes you stand out that cannot be copied or bought Channels Target segments Your target customers - but that can be both users, purchasers and partners Costs Revenue stream / Monetization Type of costs in your business model - personel, ressources, activities How you will monetize your product. The revenue model built into your products. Where, how and for what can people pay? Where else will you find revenue? Can you drive revenue from partners?
  • 6. Needs The situations in which you imagine your users engaging with your product and the need they have Value proposition Solution Key features of your product that connect your users’ needs with your value proposition Key metrics Key activities you measure - either internal or external activities Your path to customers - both communication and sales Unfair advantage What makes you stand out that cannot be copied or bought Channels Target segments Costs Revenue stream / Monetization Type of costs in your business model - personel, ressources, activities How you will monetize your product. The revenue model built into your products. Where, how and for what can people pay? Where else will you find revenue? Can you drive revenue from partners? PRODUCT MARKET VALUE PROPO- SITION FINANCIAL VIABILITY Single, clear and compelling message that states what your customers get - why you are different and worth paying attention to Your target customers - but that can be both users, purchasers and partners The canvas step by step
  • 7. #1 Value proposition • The reason users/ customers choose you • What value does your product deliver? • Which problems are your solving? • Which needs are you satisfying? Needs The situations in which you imagine your users engaging with your product and the need they have Value proposition Single, clear and compelling message that states what your customers get - why you are different and worth paying attention to Solution Key features of your product that connect your users’ needs with your value proposition Key metrics Key activities you measure - either internal or external activities Your path to customers - both communication and sales Unfair advantage What makes you stand out that cannot be copied or bought Channels Target segments Your target customers - but that can be both users, purchasers and partners Costs Revenue stream / Monetization Type of costs in your business model - personel, ressources, activities How you will monetize your product. The revenue model built into your products. Where, how and for what can people pay? Where else will you find revenue? Can you drive revenue from partners? Examples • “Newness” • Performance • Customization • Getting the job done • Design, artistic value • Brand, status • Price • Accessibility • Usability Needs The situations in which you imagine your users engaging with your product and the need they have Value proposition Single, clear and compelling message that states what your customers get - why you are different and worth paying attention to Solution Key features of your product that connect your users’ needs with your value proposition Key metrics Key activities you measure - either internal or external activities Your path to customers - both communication and sales Unfair advantage What makes you stand out that cannot be copied or bought Channels Target segments Your target customers - but that can be both users, purchasers and partners Costs Revenue stream / Monetization Type of costs in your business model - personel, ressources, activities How you will monetize your product. The revenue model built into your products. Where, how and for what can people pay? Where else will you find revenue? Can you drive revenue from partners?
  • 8. #2 Target segments • For whom are you creating value? • Who are your most important customers? Needs The situations in which you imagine your users engaging with your product and the need they have Value proposition Single, clear and compelling message that states what your customers get - why you are different and worth paying attention to Solution Key features of your product that connect your users’ needs with your value proposition Key metrics Key activities you measure - either internal or external activities Your path to customers - both communication and sales Unfair advantage What makes you stand out that cannot be copied or bought Channels Target segments Your target customers - but that can be both users, purchasers and partners Costs Revenue stream / Monetization Type of costs in your business model - personel, ressources, activities How you will monetize your product. The revenue model built into your products. Where, how and for what can people pay? Where else will you find revenue? Can you drive revenue from partners? Examples • Mass market • Niche market • Segmentet market • Multi-sided market Needs The situations in which you imagine your users engaging with your product and the need they have Value proposition Single, clear and compelling message that states what your customers get - why you are different and worth paying attention to Solution Key features of your product that connect your users’ needs with your value proposition Key metrics Key activities you measure - either internal or external activities Your path to customers - both communication and sales Unfair advantage What makes you stand out that cannot be copied or bought Channels Target segments Your target customers - but that can be both users, purchasers and partners Costs Revenue stream / Monetization Type of costs in your business model - personel, ressources, activities How you will monetize your product. The revenue model built into your products. Where, how and for what can people pay? Where else will you find revenue? Can you drive revenue from partners?
  • 9. #3 Needs • Which needs are you fulfilling? • In which situations do your users use your product? Needs The situations in which you imagine your users engaging with your product and the need they have Value proposition Single, clear and compelling message that states what your customers get - why you are different and worth paying attention to Solution Key features of your product that connect your users’ needs with your value proposition Key metrics Key activities you measure - either internal or external activities Your path to customers - both communication and sales Unfair advantage What makes you stand out that cannot be copied or bought Channels Target segments Your target customers - but that can be both users, purchasers and partners Costs Revenue stream / Monetization Type of costs in your business model - personel, ressources, activities How you will monetize your product. The revenue model built into your products. Where, how and for what can people pay? Where else will you find revenue? Can you drive revenue from partners? Examples • Relaxation • Entertainment • Learning • Escaping • Peace and quiet • ... Needs The situations in which you imagine your users engaging with your product and the need they have Value proposition Single, clear and compelling message that states what your customers get - why you are different and worth paying attention to Solution Key features of your product that connect your users’ needs with your value proposition Key metrics Key activities you measure - either internal or external activities Your path to customers - both communication and sales Unfair advantage What makes you stand out that cannot be copied or bought Channels Target segments Your target customers - but that can be both users, purchasers and partners Costs Revenue stream / Monetization Type of costs in your business model - personel, ressources, activities How you will monetize your product. The revenue model built into your products. Where, how and for what can people pay? Where else will you find revenue? Can you drive revenue from partners?
  • 10. #4 Solution • What are the key features of your product that make it drive value for your users/customers? Needs The situations in which you imagine your users engaging with your product and the need they have Value proposition Single, clear and compelling message that states what your customers get - why you are different and worth paying attention to Solution Key features of your product that connect your users’ needs with your value proposition Key metrics Key activities you measure - either internal or external activities Your path to customers - both communication and sales Unfair advantage What makes you stand out that cannot be copied or bought Channels Target segments Your target customers - but that can be both users, purchasers and partners Costs Revenue stream / Monetization Type of costs in your business model - personel, ressources, activities How you will monetize your product. The revenue model built into your products. Where, how and for what can people pay? Where else will you find revenue? Can you drive revenue from partners? Examples • Special characteristics about your... • Storyworld? • Characters? • Design? • User journey? • Pricing? • Business model? • Technical features? Needs The situations in which you imagine your users engaging with your product and the need they have Value proposition Single, clear and compelling message that states what your customers get - why you are different and worth paying attention to Solution Key features of your product that connect your users’ needs with your value proposition Key metrics Key activities you measure - either internal or external activities Your path to customers - both communication and sales Unfair advantage What makes you stand out that cannot be copied or bought Channels Target segments Your target customers - but that can be both users, purchasers and partners Costs Revenue stream / Monetization Type of costs in your business model - personel, ressources, activities How you will monetize your product. The revenue model built into your products. Where, how and for what can people pay? Where else will you find revenue? Can you drive revenue from partners?
  • 11. #5 Unfair advantage • What is it that you do or your product does, which cannot be easily copied? • How are you different from your competitors? Needs The situations in which you imagine your users engaging with your product and the need they have Value proposition Single, clear and compelling message that states what your customers get - why you are different and worth paying attention to Solution Key features of your product that connect your users’ needs with your value proposition Key metrics Key activities you measure - either internal or external activities Your path to customers - both communication and sales Unfair advantage What makes you stand out that cannot be copied or bought Channels Target segments Your target customers - but that can be both users, purchasers and partners Costs Revenue stream / Monetization Type of costs in your business model - personel, ressources, activities How you will monetize your product. The revenue model built into your products. Where, how and for what can people pay? Where else will you find revenue? Can you drive revenue from partners? Examples • Could be... • Specific competencies • Knowledge • Position in the market • Features about your storyworld or product • Network or contacts • ...? Needs The situations in which you imagine your users engaging with your product and the need they have Value proposition Single, clear and compelling message that states what your customers get - why you are different and worth paying attention to Solution Key features of your product that connect your users’ needs with your value proposition Key metrics Key activities you measure - either internal or external activities Your path to customers - both communication and sales Unfair advantage What makes you stand out that cannot be copied or bought Channels Target segments Your target customers - but that can be both users, purchasers and partners Costs Revenue stream / Monetization Type of costs in your business model - personel, ressources, activities How you will monetize your product. The revenue model built into your products. Where, how and for what can people pay? Where else will you find revenue? Can you drive revenue from partners?
  • 12. #6: Channels • How do you communicate with and reach your customer segments? • What is your go-to market strategy? How do you publish and sell? Needs The situations in which you imagine your users engaging with your product and the need they have Value proposition Single, clear and compelling message that states what your customers get - why you are different and worth paying attention to Solution Key features of your product that connect your users’ needs with your value proposition Key metrics Key activities you measure - either internal or external activities Your path to customers - both communication and sales Unfair advantage What makes you stand out that cannot be copied or bought Channels Target segments Your target customers - but that can be both users, purchasers and partners Costs Revenue stream / Monetization Type of costs in your business model - personel, ressources, activities How you will monetize your product. The revenue model built into your products. Where, how and for what can people pay? Where else will you find revenue? Can you drive revenue from partners? Examples • How... • Do you create awareness? • Can the customer evaluate your products? • Does the customer buy your products? • Do you deliver the products? • Do you deliver service and boost sales? Needs The situations in which you imagine your users engaging with your product and the need they have Value proposition Single, clear and compelling message that states what your customers get - why you are different and worth paying attention to Solution Key features of your product that connect your users’ needs with your value proposition Key metrics Key activities you measure - either internal or external activities Your path to customers - both communication and sales Unfair advantage What makes you stand out that cannot be copied or bought Channels Target segments Your target customers - but that can be both users, purchasers and partners Costs Revenue stream / Monetization Type of costs in your business model - personel, ressources, activities How you will monetize your product. The revenue model built into your products. Where, how and for what can people pay? Where else will you find revenue? Can you drive revenue from partners?
  • 13. #7: Key metrics • The key activities you decide to measure that will help you decide whether or not you are moving towards your goal. Needs The situations in which you imagine your users engaging with your product and the need they have Value proposition Single, clear and compelling message that states what your customers get - why you are different and worth paying attention to Solution Key features of your product that connect your users’ needs with your value proposition Key metrics Key activities you measure - either internal or external activities Your path to customers - both communication and sales Unfair advantage What makes you stand out that cannot be copied or bought Channels Target segments Your target customers - but that can be both users, purchasers and partners Costs Revenue stream / Monetization Type of costs in your business model - personel, ressources, activities How you will monetize your product. The revenue model built into your products. Where, how and for what can people pay? Where else will you find revenue? Can you drive revenue from partners? Examples • You can measure both internal and external activities • Internal are product or development oriented activities - whether you develop on time or on the right ressources. • External are market oriented activities such as customer acquisition, retention, sales, conversion rates. Needs The situations in which you imagine your users engaging with your product and the need they have Value proposition Single, clear and compelling message that states what your customers get - why you are different and worth paying attention to Solution Key features of your product that connect your users’ needs with your value proposition Key metrics Key activities you measure - either internal or external activities Your path to customers - both communication and sales Unfair advantage What makes you stand out that cannot be copied or bought Channels Target segments Your target customers - but that can be both users, purchasers and partners Costs Revenue stream / Monetization Type of costs in your business model - personel, ressources, activities How you will monetize your product. The revenue model built into your products. Where, how and for what can people pay? Where else will you find revenue? Can you drive revenue from partners?
  • 14. #8: Revenue streams • Your mechanisms for monetizing on your product - the how, when and where your customers can put money down. Needs The situations in which you imagine your users engaging with your product and the need they have Value proposition Single, clear and compelling message that states what your customers get - why you are different and worth paying attention to Solution Key features of your product that connect your users’ needs with your value proposition Key metrics Key activities you measure - either internal or external activities Your path to customers - both communication and sales Unfair advantage What makes you stand out that cannot be copied or bought Channels Target segments Your target customers - but that can be both users, purchasers and partners Costs Revenue stream / Monetization Type of costs in your business model - personel, ressources, activities How you will monetize your product. The revenue model built into your products. Where, how and for what can people pay? Where else will you find revenue? Can you drive revenue from partners? Examples • In-game or in-app purchases. • Pay 2 play • User subscriptions • User fees • Advertising • Strategic partnerships • Sponsorships Needs The situations in which you imagine your users engaging with your product and the need they have Value proposition Single, clear and compelling message that states what your customers get - why you are different and worth paying attention to Solution Key features of your product that connect your users’ needs with your value proposition Key metrics Key activities you measure - either internal or external activities Your path to customers - both communication and sales Unfair advantage What makes you stand out that cannot be copied or bought Channels Target segments Your target customers - but that can be both users, purchasers and partners Costs Revenue stream / Monetization Type of costs in your business model - personel, ressources, activities How you will monetize your product. The revenue model built into your products. Where, how and for what can people pay? Where else will you find revenue? Can you drive revenue from partners?
  • 15. #9: Costs • The costs associated with developing and driving your business model. Needs The situations in which you imagine your users engaging with your product and the need they have Value proposition Single, clear and compelling message that states what your customers get - why you are different and worth paying attention to Solution Key features of your product that connect your users’ needs with your value proposition Key metrics Key activities you measure - either internal or external activities Your path to customers - both communication and sales Unfair advantage What makes you stand out that cannot be copied or bought Channels Target segments Your target customers - but that can be both users, purchasers and partners Costs Revenue stream / Monetization Type of costs in your business model - personel, ressources, activities How you will monetize your product. The revenue model built into your products. Where, how and for what can people pay? Where else will you find revenue? Can you drive revenue from partners? Examples • People (salaries) • Hosting • Distribution costs • Customer acquisition costs (advertising, publisher) Needs The situations in which you imagine your users engaging with your product and the need they have Value proposition Single, clear and compelling message that states what your customers get - why you are different and worth paying attention to Solution Key features of your product that connect your users’ needs with your value proposition Key metrics Key activities you measure - either internal or external activities Your path to customers - both communication and sales Unfair advantage What makes you stand out that cannot be copied or bought Channels Target segments Your target customers - but that can be both users, purchasers and partners Costs Revenue stream / Monetization Type of costs in your business model - personel, ressources, activities How you will monetize your product. The revenue model built into your products. Where, how and for what can people pay? Where else will you find revenue? Can you drive revenue from partners?
  • 16. Needs The situations in which you imagine your users engaging with your product and the need they have Value proposition Solution Key features of your product that connect your users’ needs with your value proposition Key metrics Key activities you measure - either internal or external activities Your path to customers - both communication and sales Unfair advantage What makes you stand out that cannot be copied or bought Channels Target segments Costs Revenue stream / Monetization Type of costs in your business model - personel, ressources, activities How you will monetize your product. The revenue model built into your products. Where, how and for what can people pay? Where else will you find revenue? Can you drive revenue from partners? PRODUCT MARKET VALUE PROPO- SITION FINANCIAL VIABILITY Single, clear and compelling message that states what your customers get - why you are different and worth paying attention to Your target customers - but that can be both users, purchasers and partners Workshop #1 1. In groups of 2 or 3.. 2. Discuss your business model using the canvas 3. Focus on value proposition, target segments and financial viability.
  • 17. Needs The situations in which you imagine your users engaging with your product and the need they have Value proposition Single, clear and compelling message that states what your customers get - why you are different and worth paying attention to Solution Key features of your product that connect your users’ needs with your value proposition Key metrics Key activities you measure - either internal or external activities Your path to customers - both communication and sales Unfair advantage What makes you stand out that cannot be copied or bought Channels Target segments Your target customers - but that can be both users, purchasers and partners Costs Revenue stream / Monetization Type of costs in your business model - personel, ressources, activities How you will monetize your product. The revenue model built into your products. Where, how and for what can people pay? Where else will you find revenue? Can you drive revenue from partners? 1 3 2 LUNCH
  • 18. Next time! June 2nd Host: Startupbootcamp Raising capital Online sign up is now open!