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Page | 2/6 | Date | 16.12.2020 | Size | 127.05 Kb. | | #54630 |
| BUSINESS MODEL BUSINESS STRATEGY - INDEXValue proposition
Description of the bundle of products and services that create value for a specific customer segment
Reason why customers turn to one company over another
May be qualitative or quantitative
Different kinds:
Channels
How a company communicates with and reaches its customer segments to deliver a value proposition
Several functions:
Rising awareness among customers about a company’s products
Helping customers evaluate a company’s value proposition
Allowing customers to purchase specific products and services
Delivering a value proposition to customers
Providing post-purchase customer support
Channel phases: awareness, evaluation, purchase, delivery, after sales
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