Understanding Your Value Proposition

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Value Proposition Tolu AGUNBIADE 23 September 2015

Transcript of Understanding Your Value Proposition

Page 1: Understanding Your Value Proposition

Value PropositionTolu AGUNBIADE

23 September 2015

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What is a Value Proposition?

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Pain Relievers

In the box ‘Pain Relievers’ you describe how your

products addresses the challenges needs and the pains of

the customer, how you eliminate negative emotions,

undesired costs or avoidable situations.

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Gain Creators: In the box ‘Gain Creators’ you describe

how your product creates customer gain, how it offers an

added value to your customer.

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Value Proposition Canvas

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References and Recommended Reading

• Useful Value Proposition Examples and How to Craft a Good one: http://conversionxl.com/value-

proposition-examples-how-to-create/

• Wikipedia on Value Proposition: https://en.wikipedia.org/wiki/Value_proposition

• Clayton Christensen video: https://www.youtube.com/watch?v=f84LymEs67Y

• Tom Fountain on Articulating Your Value Proposition: https://www.youtube.com/watch?v=PyG5k0QtKOQ

• Steve Blank on Value Proposition:

https://www.youtube.com/watch?v=jZN6CUieuOQ&list=PLw540Wq5kay866m6A6xI7KOwE_Ah7is4m

• Test Your Value Proposition: http://businessmodelalchemist.com/2012/09/test-your-value-proposition-

supercharge-lean-startup-and-custdev-principles.html

• 5 Common Mistakes to Avoid When Using the Value Proposition Canvas

http://blog.strategyzer.com/posts/2015/2/19/5-common-mistakes-to-avoid-when-using-the-value-

proposition-canvas

• 15 Examples of Brilliantly Clear Value Propositions: http://www.impactbnd.com/blog/15-examples-of-

brilliantly-clear-value-propositions

• What Sex Workers Teach Us About Value Propositions: https://www.linkedin.com/pulse/20141129142449-

71120-what-sex-workers-teach-us-about-value-propositions

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References and Recommended Reading

• Don’t ever forget your value proposition: http://www.ux-lady.com/dont-ever-ever-forget-about-value-

proposition/

• Examples of value propositions http://www.impactbnd.com/blog/10-value-propositions-you-wish-you-had

• Inc’s 4 types of value proposition: http://www.inc.com/geoffrey-james/the-4-types-of-value-

proposition.html

• Example of good VP: https://vimeo.com/110854321

• How to write a value proposition for your company http://www.kinesisinc.com/how-to-write-a-powerful-

value-proposition/

• Value Proposition Canvas: http://www.expressiveproductdesign.com/value-proposition-canvas/

• Kauffman on Value Proposition: http://entrepreneurship.org/resource-center/value-proposition.aspx

• http://www.ecommerceinfluence.com/how-to-create-a-unique-value-proposition-that-converts/

• Unique Value Proposition Example http://www.chunkofchange.com/2012/10/unique-value-proposition-

example/

• Achieve Product-Market Fit http://businessmodelalchemist.com/blog/2012/08/achieve-product-market-fit-

with-our-brand-new-value-proposition-designer.html