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SXSW Las Vegas 2014
VISION
TO
VENTURE Justine
Bloome
Patrick
Van der Pijl
John Meada
YOUR NEXT
CEO IS A DESIGNER
#VisionBiz
@Patrickpijl
PATRICK
VAN DER
PIJL
#VisionBiz
@inBloome
JUSTINE
BLOOM
THREE
MESSAGES
FOR YOU
VISION
BUSINESS MODEL
BRAND
`	
 Ā YOUR START-UP
THROUGH
SPOTIFY
WHY WE NEED NEW
TOOLS?
THE WORLD HAS
CHANGED...
CUSTOMERS ARE
CHANGING TOOā€¦
BUSINESS AS USUAL
IS DEAD
BUSINESS PLANS ARE
SO 1980
A SHORT
INTRODUCTION
WE WANTED TO
DISRUPT THE
PUBLISHING
INDUSTRY
243USD
OVER 1 MILLION SOLD
30+ TRANSLATIONS
WHY IS BUSINESS
MODELING SO
POPULAR?
DISRUPT BEFORE
WE ARE DISRUPTED
1 SINGLE
QUESTION
WHERE IS
VALUE
CREATED?
Insights from Moments of Impact:
UNFORESEEN
TURBULENCE IS A
CONSTANT
FEATURE IN OUR
WORLD
VUCA ā€“ WORLD:
NON-STOP VOLATILITY,
UNCERTAINTY,
COMPLEXITY AND
AMBIQUITY
LIKE AN AMUSEMENT PARK:
FULL OF THRILLING RIDES.
NOT ALL OF THEM ARE FUN.	
 Ā 
Source:	
 Ā Moments	
 Ā of	
 Ā Impact	
 Ā 
THE WORLD
HAS CHANGED
`	
 Ā FROM THISā€¦
TO AMAZON.
FROM THISā€¦
TO TECHSHOP.
FROM THISā€¦
*	
 Ā A	
 Ā new	
 Ā taxi	
 Ā concept	
 Ā in	
 Ā San	
 Ā Francisco	
 Ā 
TO LYFT*
FROM THISā€¦
`	
 Ā TO BMW DRIVENOW.
WHAT WE SEE...
ARE THE
NEW RULES
OF BUSINESS
BUSINESS
MODEL
HOW	
 Ā 
THE BUSINESS
MODEL CANVAS
A	
 Ā BUSINESS	
 Ā MODEL	
 Ā 	
 Ā 
DESCRIBES	
 Ā THE	
 Ā RATIONALE	
 Ā 	
 Ā 
OF	
 Ā HOW	
 Ā AN	
 Ā ORGANIZATION	
 Ā 
CREATES,	
 Ā DELIVERS,	
 Ā AND	
 Ā 
CAPTURES	
 Ā VALUE	
 Ā 
CUSTOMER SEGMENTS1
VALUE PROPOSITIONS2
CHANNELS3
CUSTOMER RELATIONSHIPS4
REVENUE STREAMS5
KEY RESOURCES6
KEY ACTIVITIES7
KEY PARTNERS8
COST STRUCTURE9
CUSTOMER
SEGMENTS
KEY PARTNERS
COST STRUCTURE REVENUE STREAMSCHANNELS
CUSTOMER
RELATIONSHIPS
KEY RESOURCES
VALUE PROPOSITIONSKEY ACTIVITIES
ONE EXAMPLE
THE
BUSINESS MODEL
OF SPOTIFY
WHAT DID THE
START LOOK LIKE?
10 min.
Business	
 Ā model	
 Ā SpoLfy	
 Ā 
OFFER
DISTRIBUTION
CHANNELS
CUSTOMER
RELATIONSHIPS
CUSTOMER
SEGMENTS
REVENUE STREAMSCOST STRUCTURE
KEY
ACTIVITIES
PARTNER
NETWORK
KEY
RESOURCES
Streaming	
 Ā music	
 Ā 
PlaOorm	
 Ā 
development	
 Ā and	
 Ā 
maintenance	
 Ā 
Licensing	
 Ā 
agreements	
 Ā 
SoQware	
 Ā and	
 Ā 
network	
 Ā engineers	
 Ā 
Rightholders	
 Ā (labels	
 Ā 
and	
 Ā publishers)	
 Ā 
AdverLsers	
 Ā 
Internet	
 Ā +	
 Ā PC	
 Ā 
Ad	
 Ā fees	
 Ā 
SubscripLon	
 Ā fees	
 Ā 
FREE	
 Ā 
RoyalLes	
 Ā to	
 Ā 
rightholders	
 Ā 
Salaries	
 Ā 
Bandwith	
 Ā costs	
 Ā 
Automated	
 Ā online	
 Ā 
relaLonship	
 Ā 
Global	
 Ā music	
 Ā fans	
 Ā 
AdverLsing	
 Ā 
PlaOorm	
 Ā and	
 Ā brand	
 Ā  Mobile	
 Ā 
VISION
WHY	
 Ā 
CAN WE DESIGN A
CANVAS FOR
VISION?
DISCUSSION:
WHAT ARE VISION
ELEMENTS?
SOME VISION
CANVAS EXAMPLES
LETā€™S LOOK AT
SPOTIFY AGAINā€¦
ā€œWe	
 Ā are	
 Ā going	
 Ā to	
 Ā 	
 Ā 
provide	
 Ā music	
 Ā to	
 Ā everyone	
 Ā 	
 Ā 
(any	
 Ā Lme,	
 Ā any	
 Ā place)	
 Ā 
in	
 Ā a	
 Ā legal	
 Ā wayā€	
 Ā 
DESIGNING BETTER BUSINESSES
WHAT DID THEIR
VISION CANVAS
LOOK LIKE?
Give people access to all
the music they want all time
in a legal and accessible way
Go to the US market
Get subscribers to pay 220.000
Connect with local artists
You do not
need to pay
to listen to
music
Anytime and any place
Quicker than Itunes
Portability is our main driver
You wonā€™t be
charged
All over the world
Where does this show
up?
Young and old
Music is social
Vision
Theme
Every
where
Every
one
Legal
FREE
QUESTION
WHERE DOES
VISION SHOW UP
IN THE BUSINESS
MODEL?
Business	
 Ā model	
 Ā SpoLfy	
 Ā 
OFFER
DISTRIBUTION
CHANNELS
CUSTOMER
RELATIONSHIPS
CUSTOMER
SEGMENTS
REVENUE STREAMSCOST STRUCTURE
KEY
ACTIVITIES
PARTNER
NETWORK
KEY
RESOURCES (Free)	
 Ā streaming	
 Ā 
music	
 Ā 
PlaOorm	
 Ā 
development	
 Ā and	
 Ā 
maintenance	
 Ā 
Licensing	
 Ā 
agreements	
 Ā 
SoQware	
 Ā and	
 Ā 
network	
 Ā engineers	
 Ā 
Rightholders	
 Ā (labels	
 Ā 
and	
 Ā publishers)	
 Ā 
AdverLsers	
 Ā 
Internet	
 Ā +	
 Ā PC	
 Ā 
Ad	
 Ā fees	
 Ā 
SubscripLon	
 Ā fees	
 Ā 
FREE	
 Ā 
RoyalLes	
 Ā to	
 Ā 
rightholders	
 Ā 
Salaries	
 Ā 
Bandwith	
 Ā costs	
 Ā 
Automated	
 Ā online	
 Ā 
relaLonship	
 Ā 
Global	
 Ā music	
 Ā fans	
 Ā 
AdverLsing	
 Ā 
PlaOorm	
 Ā and	
 Ā brand	
 Ā 
FREE	
 Ā 
ā€œFREE	
 Ā DRIVES	
 Ā 
PAIDā€	
 Ā 
STREAMING	
 Ā 
SERVICES	
 Ā 
ACCESS	
 Ā TO	
 Ā 
MUSIC	
 Ā 
ROYALTIES	
 Ā 
A	
 Ā LEGAL	
 Ā WAY	
 Ā 
TWO	
 Ā PARTIES	
 Ā 
ONE	
 Ā 
FUNDING	
 Ā THE	
 Ā 
OTHER	
 Ā 
EVERY	
 Ā 
WHERE	
 Ā 
220.000	
 Ā paid	
 Ā 
subscribers	
 Ā 
NOW IT IS TIME
FOR YOUR VISION
WE USE A VISION
CANVASā€¦
`	
 Ā 10 MINUTES
BRAND
HOW	
 Ā DO	
 Ā WE	
 Ā TELL	
 Ā 	
 Ā 
THE	
 Ā STORY	
 Ā 
TO	
 Ā OTHERS?	
 Ā 
THE STORY OF
Your brand is the sum of all the
experiences a person has with you
brand story
make your
about them
The most successful brands
that others can
create stories
share and re-tell
Hearts & Minds
Where is the value?
How do they feel?
Brand goes beyond looksā€¦
itā€™s how you act and behave
Good brand strategy is
a lens for every audience
Brand guides internal conversationsā€¦
Thereā€™s work and thereā€™s your lifeā€™s work.
The kind of work that has your ļ¬ngerprints all over it. The kind of
work that youā€™d never compromise on. That youā€™d sacriļ¬ce a
weekend for. You can do that kind of work here. People donā€™t come
here to play it safe. They come here to swim in the deep end.
They want their work to add up to something.
Something big. Something that couldnā€™t happen anywhere else.
Welcome to Apple.
and how you explain your concept
to investors or shareholders
ā€œTo bring inspiration and innovation
to every athlete* in the worldā€
* ā€œIf you have a body, youā€™re an athleteā€ ā€Ø
~ Nike co-founder Bill Bowerman
BRAND COMPASS
Navigating your brand story
PERSONALITY
PURPOSE &
VALUES
ARTEFACTSTHINK FEEL DO
RELATIONSHIP
SELF-IMAGE
RALLYING
CRY
BRANDCUSTOMER
Brand will tend to build a reļ¬‚ection
(or an image) of the buyer over time
THINK ā€Ø
FEELā€Ø
DO
RELATIONSHIP
SELF-IMAGE
The stereotypical
user of the brand
Customer =
Self-Image
SELF-
IMAGE
Self-image is how customers
see (part of) themselves ā€Ø
in your brand
SELF-
IMAGE
What part of your customersā€™
attitudes or beliefs ā€Ø
will you reļ¬‚ect?
SELF-
IMAGE
Young, Free,
Connected
Brand Personality
the brandā€™s character - imagine your
brand as a person and describe him/
her ā€Ø
in 3 words or phrases
PERSONALITY
PERSONALITY
Easy, Personal, Fun
Purpose & Values
not WHAT you do. WHY
you do it.
PERSONALITY
PURPOSE
& VALUES
ARTEFACTS
Why do you exist?
What role do you play in
customersā€™ lives?
What do you stand for?
PERSONALITY
PURPOSE
& VALUES
ARTEFACTS
Values will guide a brand
towards delivering on its
Purpose
PERSONALITY
PURPOSE
& VALUES
ARTEFACTS
Give people access to all the music they
want all the time - ā€Ø
in a completely free, legal ā€Ø
and accessible way
PERSONALITY
PURPOSE
& VALUES
ARTEFACTS
Relationship
THINK ā€Ø
FEELā€Ø
DO
RELATIONSHIP
SELF-IMAGE
succinctly describes
how the brand interacts
with the customer
THINK ā€Ø
FEELā€Ø
DO
RELATIONSHIP
SELF-IMAGE
Soundtrack to Life
Think, Feel, Do
THINK ā€Ø
FEELā€Ø
DO
What will a customerā€Ø
ideally think, feel and do
after engaging the brand?
THINK ā€Ø
FEELā€Ø
DO
Play only the songs I want, when & where I want them
Connected, fun, free-spirited
Play, Love, Discover, Share
Brand Artefacts
ARTEFACTS
How will a customerā€Ø
recognise your brand?
Visuals, Experience, Sound
ARTEFACTS
Green
My music, wherever I am, any device
Discovery, friends, sharing
PERSONALITY
PURPOSE & VALUES
ARTEFACTS
THINK ā€Ø
FEELā€Ø
DO
RELATIONSHIP
SELF-IMAGE
RALLYING
CRY
PERSONALITY
PURPOSE & VALUES
ARTEFACTS
THINK
FEEL DO
RELATIONSHIP
SELF-IMAGE
BRANDCUSTOMER Soundtrack
for life
Music forā€Ø
everyā€Ø
moment
easy
personal
fun
green
anywhere
sharing
play
discover
love
share
young
free
connected
music
anytime,
anywhere
RATIONAL REASONING
EMOTIONAL CONNECTION
PATRICK
VAN DER PIJL
CEO Business Models Inc.
Producer Business Model
Generation
Patrick helps corporates
and start-ups to design
better business. He has
worked with more than
300 companies on
business model innovation.
patrick@businessmodelsinc.com
JUSTINE BLOOME
justinebloome.com
Find me on Twitter @inBloome
Connect with me on LinkedIn /in/justinebloome

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