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The Business Model Canvas is a strategic management template used for developing new business models and documenting existing ones. [2] [3] It offers a visual chart with elements describing a firm's or product's value proposition, [4] infrastructure, customers, and finances, [1] assisting businesses to align their activities by illustrating potential trade-offs.
"Triple-product" business model of digital media platforms. [7]Digital media platforms like YouTube work through a triple-product business model in which platforms provide information and entertainment (infotainment) to the public often at no cost, while simultaneously capturing their attention, and also collecting user data to sell to advertisers. [7]
Business model innovation is an iterative and potentially circular process. [1] A business model describes how an organization creates, delivers, and captures value, [2] in economic, social, cultural or other contexts. The model describes the specific way in which the business conducts itself, spends, and earns money in a way that generates profit.
If the template has a separate documentation page (usually called "Template:template name/doc"), add [[Category:United States mass media company templates]] to the <includeonly> section at the bottom of that page.
The triple-product business model of digital media markets." Technical note: the SVG code for the pie chart was automatically generated by the "Pie charts" spreadsheet linked at User:RCraig09/Excel to XML for SVG .
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