The making of RutaCDO: Business Model Canvas
Businesses thrived and succeeded not because of what composed their team, their popularity, and their finances. They thrived and succeeded because of how they addressed their customers' needs and how they kept customers availing themselves of their products and services.
After we determined the customer jobs, pains, and gains, we formulated our VPC, which was a crucial part of establishing a basis for building the BMC, or Business Model Canvas. The Business Model Canvas was composed of nine key considerations, enabling us to assess if our business would serve its purpose, which was to satisfy our customers' needs.
From my interview with Mr. Yui, the pain of traffic was identified as a serious problem, but with RutaCDO, the easy location and access of alternative routes were identified to guide motorists toward less congested options. In our Business Model Canvas, we ensured that all commuters could benefit from the app, employing strategies to effectively reach our customers and gather their feedback to further improve the app’s performance. The overall success would not have been possible without our key partners and resources, who provided essential support in the app’s development and improvement.
As an insight into this activity, the Business Model Canvas (BMC) proved important for startups because it provided a comprehensive, clear structure that aligned every aspect of the business toward meeting customer needs. This underscored the reality that businesses succeed not merely due to their resources, team, or popularity but through their commitment to understanding and addressing what customers truly want. The BMC served as a roadmap, transforming this understanding into action, with its nine components designed to ensure the business delivered value effectively and sustainably.
