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Important Cost Structures
Business Model Innovation

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Module 1 | Business Model Innovation | |
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Unit 1 | Business Model Innovation Pretest | |
Unit 2 | Define your Customer Segments | |
Unit 3 | Define your Value Proposition | |
Unit 4 | Channel Strategies | |
Unit 5 | Customer Relationship Types | |
Unit 6 | Key Revenue Streams | |
Unit 7 | Key Resource Types | |
Unit 8 | Key Activities your Business Engages in | |
Unit 9 | Key Partnerships | |
Unit 10 | Important Cost Structures | |
Unit 11 | Business Model Innovation Posttest |
Survey Questions
In this video, you will learn the 2 most important cost structures in your business.
Cost structure refers to all the costs that you incur to deliver on your business model. Keeping your costs under control is essential to maintain a healthy business.
2 Essential Cost Structure elements include:
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Fixed Costs – which refer to all costs that you need to incur whether you sell or not. These could include factory, general administration staff, rent, management staff costs etc..
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Variable Costs – which refer to costs that are associated with the sales of your products or services. The more you sell the more these costs would go up. Variable costs include things like the raw material for your products, or cost of consultants that you would etc..