Questions for Business Model

Dear Students,

To access the questions pertaining to the submission of business model go to the following link, set up by Sir Mannan.


https://sites.google.com/site/busn230/


All the details for project are on the link.

How to determine your value proposition

Well, really until now while sketching out our business models,the problem almost everyone is facing - at least the majority did face - is how to determine what value to propose. Many things considered to be a part of the value proposition were not really what should actually have been the value proposition and the crucial points went missing

so here are some important tips for communicating and determining our value proposition


1. Start off with needs

2. Ask your clients -- figure out your clients and then try to sind out what they actually need

3.While marketing yourself Use language that your clients can understand, not the stupid jargon no one is interested in

4. Construct a straw man

5. Test your value proposition before actually investing money in it

if some one is interested here is the detailed article

http://www.whillsgroup.com/insights/articles/is-there-any-value-in-your-value-proposition-five-tips-for-communicating-the-real-value-of-your-services


and why all this is important: well your value proposition is what earns you customers.Many start-ups fail because they fail to add real value to the customers and just have the "me too" approach, so if we actually craft out a carefully designed value proposition and communicate it effectively in our marketing strategy, then definitely we can actually win out many loyal customers