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Starting up
Roadmapping  Business Modeling
June, 2014
About Me
1st start-up
Chaos Dimention
3D data visualization
Achievements
1. Paid PoC with Fonterra*
2. Provisional patent
3. Joined incubator
* 3rd largest dairy manufacturer in the world
Founder, Chief Product Officer
2nd start-up
5skills
Anonymous and
passive job seeking
Achievements
1. 1st place at start-up
competition
2. Accelerator
Founder, Chief Product Officer
Working with start-ups
Responsibilities
1. Product roadmap
2. User behavior analysis
3. Creating MRDs & PRDs
ClickDimensions
B2B marketing
automation
Product Manager
Previously
Responsibilities
1. Product roadmap
2. User behavior analysis
3. Creating MRDs & PRDs
Powtoon
Awesome animated
presentations
Product Manager
6 steps from startup to business
1. The raw idea
2. Distilling idea -> finding the niche
3. Growth engine
4. Early adopters
5. First sale
6. Scaling
6 steps from startup to business
1. The raw idea
2. Distilling idea -> finding the niche
3. Growth engine
4. Early adopters
5. First sale
6. Scaling
Some basic marketing
The 4 P’s
Maslow’s hierarchy of needs
Perceived value
Competitive forces
Niche-finding: Goals
1. Find the Unique Selling Proposition
2. The quickest way to find a market entry point
3. Razor-sharp market niche
4. Crystal clear message
5. First feature -> solution for basic need
6. Identify valid business model
Niche-finding: Goals
1. Find the Unique Selling Proposition
2. The quickest way to find a market entry point
3. Razor-sharp market niche
4. Crystal clear message
5. First feature -> solution for basic need
6. Identify valid business model
The market
Finding the niche
Adoption process
Introducing
Continuous and rapid
validation
Lean start-up
0 waste Iterate
Lean start-up
A lean iteration
1. Research -> initial feedback
2. Re-purpose tools -> quick validation
3. Rapid prototyping -> validation via faking
4. Product v1 -> beta
5. Go to step 1
Niche finding + Lean start-up =
Roadmapping
A Roadmapping iteration
1. User segments
2. Barriers to entry
3. User needs
4. Usage patterns
5. Features
6. Perceived value
7. Competition
Iterate
Roadmapping Template
The ‘when to stop’ checklist
> 15 early adopters
Physically reachable users
Low barrier to entry
Simple business model
Self propelling engine
A business model
“the totality of how a company selects its
customers, defines and differentiates it
offerings, defines the tasks it will perform itself
and those it will outsource, configures its
resources, goes to market, creates utility for
customers and captures profits.”
Adrian J. Slywotzky
History
Pipes Platform
Business model types
• Subscription
• Loyalty, community
• Freemium
• Privacy (Prezi)
• Watermark
• Advertising
• Utility on-demand, based on usage
• Premium
• Open-source
• Network effect
• Auction / Merchant
Business model type - examples
• Facebook : Network effect / community
• LinkedIn : Network effect, Freemium, Utility
• Powtoon : Freemium, Utility
Frameworks
1. Business reference model
2. Component business model
3. Business model canvas
Frameworks
1. Business reference model
2. Component business model
3. Business model canvas
Business model canvas template
Business model canvas template
Who?How? What?
How much?
WHO ?
Mass
Niche
Segmented
Diversified
Multi-sided platforms
Personal assistance
Dedicated personal
assistance
Self-service
Automated service
Communities
Co-creation
Sales force
Web sales
Own stores
Partner stores
Wholesaler
Segments Relationship Channels
WHAT ?
Newness
Performance
Customization
“Getting the job done”
Design
Brand / status
Price
Value proposition
HOW ?
Economies of scale
Reduction of risk
Acquisition of
specific resources
Production
Problem solving
Platform /
network
Physical
Intellectual
Human
Financial
Partners Activities Resources
HOW MUCH ?
Cost-driven
Value-driven
Fixed-costs
Variable costs
Economies of scale
Economies of scope
Asset sale
Usage fee
Subscription fee
Lending / renting / leasing
Licensing
Brokerage
Advertising
Cost structure Revenue streams
Roadmapping Business modeling
Roadmapping  BMC
1. Customer segment
2. Relationship
3. Channels / distribution
4. Value proposition
5. Partners
6. Activities
7. Resources
8. Cost structure
9. Revenue
1. User segments
2. Barriers to entry
3. User needs
4. Usage patterns
5. Features
6. Perceived value
7. Competition
Roadmapping  BMC
1. Customer segment
2. Relationship
3. Channels / distribution
4. Value proposition
5. Partners
6. Activities
7. Resources
8. Cost structure
9. Revenue
1. User segments
2. Barriers to entry
3. User needs
4. Usage patterns
5. Features
6. Perceived value
7. Competition
Product + Market The business + $$
Translating needs to revenue
Basic need + Used daily = Paid feature
Example – iPod / iTunes
Build your own BMC
http://bmfiddle.com/
Example - Powtoon
Basic need + Used daily = Paid feature
Tomer Sagi
052 868-4411
tomer@tomersagi.com

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Roadmapping > Business Modeling

Hinweis der Redaktion

  1. Business models are judged based on the primary / main drive for user engagement / behavior. E.g. Loyalty / community. After a community is established, other products can be sold, voluntary contributions, advertising or premium services