Question
A real example of a business model canvas could be that of a company like Airbnb.
Customer Segment: People looking for temporary accommodation, owners who want to rent their space.
Value Proposition: Offering a platform where owners can rent their space to travelers.
Channels: Website and mobile application.
Customer Relationship: 24/7 support, user-friendly platform.
Revenue Streams: Service fees for each booking.
Key Resources: Online platform, user community.
Key Activities: Platform management, marketing, customer service.
Key Partnerships: Apartment owners, travel agencies.
Cost Structure: Development and maintenance of the platform, marketing, personnel.
This is a simplified example, but it gives an idea of how a business model canvas can be used to describe a company's business model.
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What's the best way to showcase a business idea? In this article, we'll explain what a is, how to use it, how to customize our template to create your own, and if you read until the end, you'll learn how LinkedIn uses a Business Model Canvas to create and assess new business ideas. Our customizable template includes some of the best Business Model Canvas tools available today, such as multiple canvas formats, RFM analysis, Cost structure and revenue streams, Key activities and resources, Channels, and twenty-five other tools.
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