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A Value Proposition Canvas can be used to evaluate if a value proposition matches customer expectations and perception by comparing the company's offer and the customer segment. The left side of the canvas represents the company's offer, which includes the details of the product or service, the gains it provides to the customer, and the pain relievers it offers. The right side represents the customer segment. By comparing these two sides, one can evaluate if the value proposition matches the customer's expectations and perception.
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A traditional Value Proposition canvas visualization represents the company's offer on the left, and the customer segment on the right. Both need to address three key things. On the Value prop side, the first third covers the details of your product or service. The second lists the gains that the product or service provides to the customer. The third is the pain relievers the product offers. This is arguably the most important portion of the value statement, but we address the proper balance between gain versus pain maneuvering below.
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How do you communicate your value to customers? Use this presentation template to create your own Value Proposition Canvas and dive into the most impo...