Business Model Design
The Outcome:
By the end of this engagement you will have developed a new business model or refined an existing one.
You will be able to use this business model to accelerate revenue growth in one or more areas of your business.
What is a business model?
In this engagement we’ll map out the different factors that impact how you generate revenue from your customers.
We’ll include your ideal customer profile and your value proposition to support those customers. We’ll look at the different commercial models that you’ll have with those customers and the different routes to market. We’ll define the partners, resources and activities that you’ll need to make this business model a success before concluding with the revenue model and cost structure to deliver it.
A business model can be designed for your entire company, or a specific product or customer segment.
Who is this for?
This engagement is suitable for companies at Seed or Series A who are trying to build a predictable and repeatable revenue engine by defining their business model.
It is also suitable for later stage businesses at between $10m ARR and $100m ARR who are defining a new business model for a new product, new channels, new acquisition or geographical expansion.
New Products
New Channels
New Geographies
How long does it take?
4-6 weeks depending on the number of preparatory interviews and scheduling the live workshops.
Timing of prototypes and deployment of selected business model will depend on complexity of business model and be defined during the engagement.
What is the process?
Preparation
Define the scope of the engagement
Confirm attendees
Launch the initiative
Pre-workshop interviews
Map current business model
Workshops
One or more full day workshops
Develop multiple business models
Prioritise and select prototypes
Prepare and run prototypes
Playback results to leadership
Go/no go on selected prototype
Deploy
Deploy selected prototypes
Update systems and reporting
Update revenue processes
Enable teams on new models
Enable partners on new models
Review and iterate
Is this right for you?
Wondering if the Business Model Design workshop is suitable for your business?
Get in contact and we can discuss your current challenges and priorities and agree a suitable path forward.