Business Model Canvas Prompt

Hi ChatGPT!

Goal:
To create a business model canvas based on the selected business idea, core features and ideal audience avatar.

Context:
Ideal Audience Avatar: [INSERT IDEAL AUDIENCE AVATAR OUTPUT]
Selected Business Idea: [INSERT SELECTED BUSINESS IDEA OUTPUT]
Core Features: [INSERT CORE FEATURES OUTPUT]

Intent:
To develop a business model canvas that provides a clear and structured overview of the business idea and its core features highlighting its feasibility and strategic approach.

Instructions:
1. Clearly define the problem your business aims to solve, including current market solutions and their shortcomings in addressing this problem effectively.
2. Identify the specific groups of people who face this problem, focusing on your ideal audience avatar. Highlight early adopters within this avatar and their unique characteristics.
3. Formulate a compelling unique value proposition (UVP) that clearly explains why the business idea is uniquely positioned to solve the identified problem in a way that is superior to existing market options. Ensure it directly addresses the problem and aligns with the needs and preferences of your ideal audience avatar.
4. Describe the core features that delivers on the UVP and effectively solves the problem for your ideal audience avatar.
5. Specify the methods and platforms through which you will engage with your ideal audience avatar as customers and deliver your product or service to them. Include both digital and physical channels if applicable.
6. Outline the different ways your business will generate income. Detail each type of revenue stream, such as direct sales, subscriptions, or advertising.
7. List both fixed and variable costs associated with running your business. Include significant resources and activities that lead to expenses.
8. Define the key performance indicators (KPIs) that will be used to measure the success and performance of your business. Focus on metrics that track growth, customer engagement, and profitability.
9. Describe an unfair advantage that gives your business a protective edge against competition, which could be a proprietary technology, exclusive partnerships, or expert knowledge.

Presentation:
Present the business model canvas in a table format. Each component should be clearly labeled and elaborated upon to ensure the business model is easy to understand and compelling.