You are on page 1of 3

Designed for: Designed by: Date: Version:

Value Proposition Canvas Startup Name Name, Name2, … DD/MM//YYYY X.Y

Product Customer
Benefits Experience Wants Fears
A benefit is what your product does for the The emotional drivers of decision-making are
customer. The benefits are the ways that things that we want to be, do or have. Our
the features make your customer’s life wants are usually conscious (but
easier by increasing pleasure or aspirational) thoughts about how we’d like to
decreasing pain. The benefits of your improve our lives. They sometimes seem like
product are the really core of your value daydreams but they can be powerful
proposition. The best way to list out the motivators of action. The wants speak more
benefits of your product on the canvas is to to the pull of our hearts and our emotions.
imagine all the ways that your product The product experience is the way that
makes your customer’s life better. owning your product makes the
customer feel. It’s the sum total of the Fears can be a strong driver of purchasing
combined features and benefits. Product behaviour and can be the hidden source of
experience is different to features and wants and needs. For any product there is
benefits because it’s more about the a secret “pain of switching“. Even if your
Features emotional reasons why people buy your Needs product is better than the competition, it
product and what it means for them in their might not be a big enough improvement to
A feature is a factual description of how own lives. The product experience is the The customer’s needs are the rational things
your product works. The features are the that the customer needs to get done. overcome the inertia of the status quo.
kernel that will help identify the market
functioning attributes of your product. The positioning and brand essence that is Interestingly, needs are not always
features also provide the ‘reasons to usually built out of the value proposition. conscious. Customers can have needs that
believe’. Many FMCG marketers deride the they may not know about yet. Designers call
importance of features because features these “latent needs“. The needs speak more
are no longer a point of difference in most to the pull of our heads and rational
FMCG marketing. But for technology motivations.
products and innovative new services the
features on offer can still be an important
part of your value proposition.

Product Ideal Customer Substitutes These are not just the obvious competitors, but also existing
Name your product or service Name you ideal customer behaviours and coping mechanisms. Remember that people made it
this far in life without your product. If your product isn’t better than the
existing solutions then you don’t have a real-world value proposition.

Designed by: Peter J. Thomson, based on the work of Steve Blank, Clayton Christensen, Seth Godin, Yves Pigneur and Alex Osterwalder. (https://www.strategyzer.com/canvas/value-proposition-canvas). PowerPoint
implementation by: Neos Chronos Limited (https://neoschronos.com). License: CC BY-SA 3.0
Designed for: Designed by: Date: Version:

Value Proposition Canvas

Product Customer
Products/ Services Gain Creators Customer Gains Customer Jobs

 Product searching and purchasing


 Recognizing local culture
 Seeking a fresh experience
 Product for consumption
Various processed herbal tea:  Healthy products with distinct flavours and
o Chamomile Tea reasonable pricing
o Ginger Tea
o Feverfew Tea  Extensive new knowledge on the
o Tumeric Tea processing of diverse herbal items
o Hibiscus Tea, etc.
 BrewGreen's Apothecary and Tea Shop is
Various herbal medicine to treat, cold a new experience.
and cough, fever, pain, fertility, and
chronic disease illness.  Production legal responsibility
 Create a vintage ambience
with a colonial-style dwelling
Pain Relievers design that includes a herbal Customer Pains
garden.
 Reduce the number of product  Make certain that the  There is little information available
problems environment is clean, safe, regarding the centre and its products.
and encouraging.
 Provide fresh goods with a  There are no health warranties and no
maximum expiration date product certifications.
 Provide a one-week product  Inconsistency in the production
guarantee. process's schedule
 Wholesaler discounts

You might also like