Comparison – Business Model Canvas

Another of the tools covered in this chapter that can be used to compare both businesses is the Business Model Canvas, which provides a more detailed insight to the different components of the business models. The Business Model Canvas highlights how both business models share common elements in many of their categories, with the exception of the categories for value propositions, revenue streams and customer segments. It becomes clear from these categories that although IXL Learning and Nextpoint use software to provide solutions for a similar type of problem, there are vast differences between their value propositions, revenue streams and customer segments—with the former business model designed as a solution to help people teach and the latter model being designed to deliver the teaching services. Another major difference between between the two models lies within their value propositions and target market segments. The former being designed to help...