THE COST MODEL: C$-Cost Structure (Cost to deliver Solution) The Cost Structure describes all costs incurred to operate a business model Cost Structure can be developed once we define the Key Resources, Key Activities and Key Partnerships. Some business models will be more cost driven than others. YOUTUBE VIDEO: KR-Key Resources (Cost to deliver Solution) The Key Resources Building Block describes the most important assets required to make a business model work Key Resources can be categorized as follows: -Physical, Intellectual, Financial YOUTUBE KA- Key Activities (Cost to deliver Solution) The Key Activities Building Block describes the most important things a company must do to make its business model work Key Activities can be categorized as follows: -Production, Problem Solving, Platform/Network YOUTUBE VIDEOS: KP- Key Partnerships (Cost to deliver Solution) The Key Partnerships Building Block describes the network of suppliers and partners that make a business model work We can distinguish between four different types of relationships: -Strategic alliances between non-competitors -Competition; strategic partnerships between competitors ventures to develop new business -Buyer-supplier relationships to assure reliable supplies REVENUE MODEL CONSIDERATION:
THE COST MODEL: C$-Cost Structure (Cost to deliver Solution) The Cost Structure describes all costs incurred to operate a business model Cost Structure can be developed once we define the Key Resources, Key Activities and Key Partnerships. Some business models will be more cost driven than others. YOUTUBE VIDEO: KR-Key Resources (Cost to deliver Solution) The Key Resources Building Block describes the most important assets required to make a business model work Key Resources can be categorized as follows: -Physical, Intellectual, Financial YOUTUBE KA- Key Activities (Cost to deliver Solution) The Key Activities Building Block describes the most important things a company must do to make its business model work Key Activities can be categorized as follows: -Production, Problem Solving, Platform/Network YOUTUBE VIDEOS: KP- Key Partnerships (Cost to deliver Solution) The Key Partnerships Building Block describes the network of suppliers and partners that make a business model work We can distinguish between four different types of relationships: -Strategic alliances between non-competitors -Competition; strategic partnerships between competitors ventures to develop new business -Buyer-supplier relationships to assure reliable supplies REVENUE MODEL CONSIDERATION:
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