REACTION REFLECTION
(give a personal opinion (add your thoughts and
pertaining to your thoughts,
feelings and rationalization about
StartUp Korean Drama the video-clip based from what
Series (video-clips) you have learned in filling the
Business Model Canvas)
1 Product A business model canvas can
indeed be a big help to get
people’s interest and support. It
is a great way to introduce a
product strategically into the
market.
2 Customer A product should exist to help
the end users. they are a critical
factor when developing your
marketing messaging and
strategy. If you fail to take the
customers' views into account in
your marketing, it is likely your
campaigns will not be successful.
3 Promotion Promotion really helps in
increasing customer traffic. The
more you promote your brand,
the more will the customers
know about you and your
company and the more will they
be interested in your products. It
is essential that businesses make
use of the right media tool to
target their customers.
4 Cost Structure The idea of identifying the cost
structure is to allocate costs
between fixed and variable costs
effectively. These costs are then
associated with individual
analysis based from what
you have learned and how
the video affects your ideas
and possible practice in the
future)
The video thought me that a
product must have a solid
value proposition and can
solve a real problem, be
understandable by users,
perform their task as easily.
That is why it is extremely
important to focus on the
fundamental elements of a
business or product,
structuring an idea in a
coherent way.
Understanding customers
enables businesses to
deliver products and services
that address needs and
wants and retain customers.
That is why it is importance
to treat customers with
utmost consideration
because they drive
revenues; without them,
businesses cannot continue
to exist.
Promotion creates better
relationship with customers.
Boost brand visibility. Not
only these but promotions
will also help your company
to introduce products easily
in the ever-so-competitive
market.
Proper cost allocation is
essential to identify and
calculate the profits with
each product and product
line. Failure to correctly

5 Value proposition
(your) SURNAME, FIRSTNAME: ABANDO, CHESSCA NICOLE F.
products and product lines to
ascertain their correct pricing.
An effective value
proposition tells the ideal
customer why they should buy
from you and not from the
competition. It improves
customer understanding and
engagement
identify and allocate the
costs in business may prove
very dangerous for a
business.
A powerful value
proposition helps your
customers truly understand
the value of your company's
products and services.
Potential customers can
quickly understand what
your company has to offer.