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Business Model
Canvas
a powerful tool that captures the value
you create through your business
What questions does your BMC answer?
1. How does your business create value?
1. How does your business deliver value?
1. How does your business capture value?
9 Building Blocks for your BMC.
Value Customer
Channels
Customer
Relation -
ships
Key
Activities
Key
Resource
Partner
RevenueCost
My Business: Young Living Essential Oils
Young Living - Business Model Canvas
Moms between the ages of 30 and 45
Health Conscious for self and kids
Eco Savvy / Green (toxic free)
Buy organic foods
Value
Proposition
Customers
Young Living - Business Model Canvas
Brings the power of ancient technique of using essential oils to alleviate lifestyle
issues - at your fingertips.
Guaranteed quality - Seed to Seal program ™
Value
Proposition
Young Living - Business Model Canvas
Through a member (wom)
Directly through company website
(www.youngliving.ca)
Facebook page, twitter, pinterest, linkedIn,
youtube
Channels
Young Living - Business Model Canvas
Formal support through phone and
email
Personal support and advice (in person,
email, phone, messaging)
Customer
Relation -
ship
Young Living - Business Model Canvas
% of revenue earned by the company through sale of products
+
Rewards are earned, by ambassadors of product, that can be redeemed towards
future purchase of products
Revenues
Young Living - Business Model Canvas
Knowledge about internal environment
(company, operations, user base,
products etc)
Support from Young living global
community
Support from corporate offices
Key
Resources
Young Living - Business Model Canvas
Marketing
- where does my ideal customer hang out?
- Conversations and personal storytelling
Education about new products and applications
Sales
Key
Activities
Young Living - Business Model Canvas
Young Living Headquarters (brand, product, knowledge, testimonials)
Colleagues (knowledge sharing)
Various community associations
Partner -
ships
Young Living - Business Model Canvas
Time spent building network and spreading knowledge
Cost of products bought for personal use
Costs
Business Model You?
Working Example: Project Management
Questions?

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Famedesired Project portfolio1 . Fullsail
Famedesired Project portfolio1 . FullsailFamedesired Project portfolio1 . Fullsail
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Business Model Canvas by Bhavna Sehgal

  • 1. Business Model Canvas a powerful tool that captures the value you create through your business
  • 2.
  • 3. What questions does your BMC answer? 1. How does your business create value? 1. How does your business deliver value? 1. How does your business capture value?
  • 4. 9 Building Blocks for your BMC. Value Customer Channels Customer Relation - ships Key Activities Key Resource Partner RevenueCost
  • 5. My Business: Young Living Essential Oils
  • 6. Young Living - Business Model Canvas Moms between the ages of 30 and 45 Health Conscious for self and kids Eco Savvy / Green (toxic free) Buy organic foods Value Proposition Customers
  • 7. Young Living - Business Model Canvas Brings the power of ancient technique of using essential oils to alleviate lifestyle issues - at your fingertips. Guaranteed quality - Seed to Seal program ™ Value Proposition
  • 8. Young Living - Business Model Canvas Through a member (wom) Directly through company website (www.youngliving.ca) Facebook page, twitter, pinterest, linkedIn, youtube Channels
  • 9. Young Living - Business Model Canvas Formal support through phone and email Personal support and advice (in person, email, phone, messaging) Customer Relation - ship
  • 10. Young Living - Business Model Canvas % of revenue earned by the company through sale of products + Rewards are earned, by ambassadors of product, that can be redeemed towards future purchase of products Revenues
  • 11. Young Living - Business Model Canvas Knowledge about internal environment (company, operations, user base, products etc) Support from Young living global community Support from corporate offices Key Resources
  • 12. Young Living - Business Model Canvas Marketing - where does my ideal customer hang out? - Conversations and personal storytelling Education about new products and applications Sales Key Activities
  • 13. Young Living - Business Model Canvas Young Living Headquarters (brand, product, knowledge, testimonials) Colleagues (knowledge sharing) Various community associations Partner - ships
  • 14. Young Living - Business Model Canvas Time spent building network and spreading knowledge Cost of products bought for personal use Costs
  • 15.
  • 16. Business Model You? Working Example: Project Management

Editor's Notes

  1. What is young living Why I tried it? Why I decided to sell it? How will I make money? But before I try to sell it I need to find out who my target market it - I used business model canvas for that. Whats important to note is that anything I put on the BMC is an assumption the first time I create my BMC.. thereafter, I have to test my assumption and then update the BMC. As yu can imagine after a few iterations and validations - I will have a BMC that tells a story about how I create value by selling young living essential oils.
  2. Without a customer, a business wont be successful whatever the value it generates is..
  3. About Young Living: www.youngliving.com Seed to Seal: https://www.youngliving.com/en_US/discover/seed-to-seal