This document describes the Value Proposition Canvas, a tool used to describe a company's value propositions and target customer segments in more detail. It outlines how to identify a customer's jobs, gains, pains and create value maps to show how products and services address these. Common mistakes to avoid include not treating the canvas as separate building blocks, mixing customer segments, focusing only on functional jobs or trying to address all customer pains/gains instead of prioritizing. The canvas helps evaluate the fit between a company's intended value and customer expectations.
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Value Proposition Canvas
This document describes the Value Proposition Canvas, a tool used to describe a company's value propositions and target customer segments in more detail. It outlines how to identify a customer's jobs, gains, pains and create value maps to show how products and services address these. Common mistakes to avoid include not treating the canvas as separate building blocks, mixing customer segments, focusing only on functional jobs or trying to address all customer pains/gains instead of prioritizing. The canvas helps evaluate the fit between a company's intended value and customer expectations.
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VALUE PROPOSITION
CANVAS VALUE PROPOSITION
THE PROMISE OF VALUE
"WHY" SOMEONE SHOULD BUY YOUR BRAND WHAT MAKES YOUR BRAND SPECIAL VALUE PROPOSITION CANVAS a plug-in tool to the Business Model Canvas allows you to describe your Value Propositions and the target Customer Segments in more detail and evaluate the “fit” between the value you intend to create and the expectations your customers CUSTOMER PROFILE CUSTOMER JOBS the tasks they are trying to perform and complete, the problems they are trying to solve, or the needs they are trying to CUSTOMER satisfy. GAINS the outcomes and benefits your customers want. Some gains are required, expected, or desired by customers, and some would surprise CUSTOMER them PAINS anything that annoys your customers before, during, and after trying to get a job done or simply prevents them from getting a job done CUSTOMER PROFILE CUSTOMER JOBS the tasks they are trying to perform and complete, the problems they are trying to solve, or the needs they are trying to CUSTOMER satisfy. GAINS the outcomes and benefits your customers want. Some gains are required, expected, or desired by customers, and some would surprise CUSTOMER them PAINS anything that annoys your customers before, during, and after trying to get a job done or simply prevents them from getting a job done VALUE MAP GAIN CREATORS describe how your products and services create customer gains. PAIN RELIEVERS explicitly outline how you intend to eliminate or reduce some of the things that annoy your customers before, during, or after they are trying to complete a job or that prevent them from doing so. 5 MISTAKES 1. Not looking at the Value Proposition TO AVOID Canvas as two separate building blocks 5 MISTAKES 2. Mixing several customer segments into TO AVOID one canvas 5 MISTAKES 3. Creating your Customer Profile through TO AVOID the lens of your value proposition 5 MISTAKES 4. Only focusing on functional jobs TO AVOID 5 MISTAKES 5. Trying to address every customer pain TO AVOID and gain
Resolve only those jobs, pains, and gains that are
highest priority to customers. VALUE PROPOSITION CANVAS