2. Agenda for Class 6
Q&A about Customer Relationships
Team Presentations: Customer
Relationships Findings
Summary about Revenue Model
Work for Next Week
10. Key Concepts
CAC: Costumer Acquisition Cost
Churn: costume attrition
LTV: costumer Life Time Value
11. Common Errors
Lack of Get strategy and tactics for every
customer segment
Lack of understanding on how/why
customers buy today
Lack of tests/website/data/insight
Marketing is a dark art
17. Revenue Model is a
Strategy
1. What value are my customers willing to pay?
2. How do they pay?
3. How much will they pay?
18. Revenue Model
Asset sale
Ford
Usage fee
Vodafone
Subscription fee
salesforce.com
Rent
Avis
Licensing
MS Office
Intermediation
airbnb.com
Advertising
Google
22. Presentation for Next
Week
際際滷 1: Cover slide
際際滷 2: Business Model Canvas (changes marked in red,
different colors for multi-sided markets)
際際滷 3: Hypotheses about revenue model strategy and
price tactics
際際滷 4: Experiments for Revenue Model and Pricing?
際際滷 5: What are the important metrics for your
business model?
23. Presentation for Next
Week
際際滷 6: Rough 3-year income statement (revenues, gross
margins, significant costs, etc.)
際際滷 7-n: Lessons learned (hypotheses, experiments,
results, action)
24. Before Next Class
Talk to 10-15 customers to test revenue
model and pricing (100 for web)
Update LPC Narrative and Canvas
Work on your MVP
Prepare Class Presentation
Watch Lecture 7: Partners