Value Proposition Canvas

The Value Proposition Canvas is a tool used to develop a product or service that meets the needs of customers. It helps to identify customer needs, create value propositions, and design business models.

At a very high level, the Value Proposition Canvas is used in the context of business, marketing.

Value Proposition Canvas quadrant descriptions, including examples
Want to try this template?
Other Templates

What is the Value Proposition Canvas?

A visual explanation is shown in the image above. The Value Proposition Canvas can be described as a matrix with the following quadrants:

  1. Customer Needs: The customer needs quadrant identifies the needs of the customer, such as convenience, cost, and quality. For example, a customer may need a product that is easy to use and affordable.
  2. Customer Value: The customer value quadrant identifies the value propositions that can be offered to meet the customer needs. For example, a product may offer convenience, cost savings, and quality.
  3. Product/Service Features: The product/service features quadrant identifies the features of the product or service that will meet the customer needs. For example, a product may have a user-friendly interface, be affordable, and have high quality.
  4. Business Model: The business model quadrant identifies the business model that will be used to deliver the value propositions. For example, a business may use a subscription model, a pay-per-use model, or a one-time purchase model.

What is the purpose of the Value Proposition Canvas?

The Value Proposition Canvas is a tool used to develop a product or service that meets the needs of customers. It helps to identify customer needs, create value propositions, and design business models. It is composed of two parts: the customer profile and the value map. The customer profile identifies the customer segments and the jobs they are trying to get done. The value map is a 2x2 matrix that helps to identify the customer needs and the value propositions that can be offered to meet those needs.

The Value Proposition Canvas is used to identify customer needs and develop value propositions that meet those needs. It can be used to develop new products and services, or to improve existing ones. It can also be used to identify potential customer segments and develop marketing strategies to target them. The Value Proposition Canvas is a powerful tool for any business looking to create value for their customers.


Want to try this template?

What templates are related to Value Proposition Canvas?

The following templates can also be categorized as business, marketing and are therefore related to Value Proposition Canvas: Effort Impact Matrix, Gap Analysis Matrix, Growth Share Matrix, Kraljic Matrix, Outsourcing Matrix, Quadrant Analysis, Risk Analysis Matrix, Risk Value Matrix. You can browse them using the menu above.

How can I use Value Proposition Canvas in Priority Matrix?

You can get Value Proposition Canvas in your Priority Matrix in just a moment:

  1. Click to sign in or create an account in the system
  2. Start adding your items to the matrix
  3. If you prefer it, download Priority Matrix and take your data with you

Learn more about Value Proposition Canvas, and get free access to lots of other templates, at templates.app. Once you are comfortable with the document, you can easily export to Excel, if you prefer to work that way.

If you have any questions and you can't find the answer in our knowledge base, don't hesitate to contact us for help.