The Market Value Map Target Market Market Offering Customers Product

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Presentation transcript:

The Market Value Map Target Market Market Offering Customers Product What customer need does the company aim to fulfill? Who are the customers with this need? What are the key features of the company’s product? Collaborators What other entities will work with the company to fulfill the identified customer need? Service What are the key features of the company’s service? Company What are the company’s resources that will enable it to fulfill the identified customer need? Brand What are the key features of the offering’s brand? Competitors What other offerings aim to fulfill the same need of the same target customers? Price Context What are the sociocultural, technological, regulatory, economic, and physical aspects of the environment? What is the offering’s price? Incentives Value Proposition What incentives does the offering provide? Customer Value What value does the offering create for target customers? Communication How will target customers and collaborators become aware of the company’s offering? Collaborator Value What value does the offering create for the company’s collaborators? Distribution Company Value How will the offering be delivered to target customers and collaborators? What value does the offering create for the company? Strategy Tactics © Alexander Chernev

The Customer Value Map Target Customers Customer Offering Customer needs Product What are the key features of the product that the company offers to target customers? What customer need does the company aim to fulfill? Customer profile Service Who are the customers with this need? What are the key features of the service that the company offers to target customers? Brand Competition Key competitors What are the key aspects of the offering’s brand? What other offerings aim to fulfill the same customer need? Price What is the offering’s price for target customers? Value proposition What value do these offerings create for target customers? Incentives What incentives does the offering provide to target customers? Offering attributes What are the key aspects of the competitive offerings? Communication How will target customers become aware of the company’s offering? Customer Value Reason to choose Distribution How will the offering be delivered to target customers? What value does the offering create for target customers? Why would customers choose this offering? © Alexander Chernev

The Collaborator Value Map Collaborators Collaborator Offering Collaborator profile Product Which entities would partner with the company to create value for target customers? What are the key features of the product that the company offers to collaborators? Collaborator goals Service What are the key features of the service that the company offers to collaborators? What goals do these collaborators pursue by partnering with the company? Brand Competition Key competitors What are the key aspects of the offering’s brand? What other offerings aim to fulfill the same collaborator goals? Price What is the offering’s price for collaborators? Value proposition What value do these offerings create for collaborators? Incentives What incentives does the offering provide to collaborators? Offering attributes What are the key aspects of the competitive offerings? Communication How will the offering be communicated to collaborators? Collaborator Value Reason to choose Distribution What value does the offering create for collaborators? Why would collaborators choose this offering? How will the offering be delivered to collaborators? © Alexander Chernev

The Company Value Map Company Company Offering Company profile Product What are the key features of the product that the company offers to its customers and collaborators? What entity is managing the offering? What are its key resources? Company goals Service What goal does the company aim to fulfill with this offering? What are the key features of the service that the company offers to its customers and collaborators? Brand Alternative Options Key alternatives What are the key aspects of the offering’s brand? What alternative options can fulfill the same company goal? Price What is the offering’s price for its customers and collaborators? Value proposition What value do these options create for the company? Incentives What incentives does the offering provide to its customers and collaborators? Option attributes What are the key aspects of the alternative options? Communication How will the offering be communicated to its customers and collaborators? Company Value Reason to choose Distribution What value does the offering create for the company? Why should the company choose this offering? How will the offering be delivered to its customers and collaborators? © Alexander Chernev

The Market Value Map Target Market Market Offering Customers Product Collaborators Service Company Brand Competitors Price Context Incentives Value Proposition Customer Value Communication Collaborator Value Distribution Company Value Strategy Tactics © Alexander Chernev

The Customer Value Map Target Customers Customer Offering Customer needs Product Customer profile Service Brand Competition Key competitors Price Value proposition Incentives Offering attributes Communication Customer Value Reason to choose Distribution © Alexander Chernev

The Collaborator Value Map Collaborators Collaborator Offering Collaborator profile Product Collaborator goals Service Brand Competition Key competitors Price Value proposition Incentives Offering attributes Communication Collaborator Value Reason to choose Distribution © Alexander Chernev

The Company Value Map Company Company Offering Company profile Product Company goals Service Brand Alternative Options Key alternatives Price Value proposition Incentives Option attributes Communication Company Value Reason to choose Distribution © Alexander Chernev