Value proposition canvas

/ˈvæljuː ˌprɒpəˈzɪʃən ˈkænvəs/

The Value Proposition Canvas, created by Alexander Osterwalder, is a tool for designing products people actually want. It has two halves: a customer profile (their jobs, pains and gains) and a value map (your products, pain relievers and gain creators).

You reach “fit” when the value map addresses the most important jobs, pains and gains in the customer profile. It is essentially a zoom-in on the two most critical blocks of the broader Business Model Canvas.

Why does it matter?

The canvas forces teams to articulate why a customer would choose their product over the alternatives, in the customer’s own terms. It exposes assumptions early, before they are baked into a build.

It is widely used in lean and product-discovery work to align teams around a testable, customer-centred value proposition.

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