7. Quote:
โThe biggest risk to the finance sector today is
not from other banks , nor related to the inability
to apply Basel III risk controls or standards. The
biggest risk to the finance sector today is the
growing gap between the institution and the
customer.โ
Brett King, author of Bank 2.0 and Bank 3.0
11. BUSINESSMODELCASESTUDY
โI WANT TO
SEE THE
BASIC ISSUES
AND
ANNOYANCES
THAT PEOPLE
DEAL WITH IN
THEIR LIVES.โ
Jack Dorsey Tries To
Break Out Of The
Bubble By Riding The
Bus โEvery Single Dayโ,
posted Sep 12, 2012 in
TechCrunch.
ย
13. BUSINESSMODELCASESTUDY
Jack Dorsey
Founder and CEO of Square
Co-creator and co-founder of Twitter
โSquare is rethinking payments
and money, which have been
around for thousands of years.
We want to take the
mechanical burden
out of the process.โ
17. For sellers:
SELLING MADE SIMPLE.
AFFORDABLE TOOLS TO START,
RUN, AND GROW YOUR
BUSINESS.
For buyers:
A SIMPLE AND MAGICAL WAY TO
PAY. PAYMENT IS AUTOMATIC.
BUSINESSMODELCASESTUDY
18. WHAT IS
THE JOB THEY
GET DONE
FOR THEIR
CUSTOMERS?
BUSINESSMODELCASESTUDY
31. Quote:
โBusiness Model Innovation does not come from
creatives only. It comes from understanding other
business models and learning from them.โ
Patrick van der Pijl, Producer Business Model Generation, CEO Business Models Inc.
37. BUSINESSMODELCASESTUDY
Key Partners Key Activities
Key Resources
Value Proposition
Channels
Relationships Customers
Revenue StreamsCost Structure
SQUARE BUSINESS MODEL
ย
Square Wallet:
Paying easy
and
automagically
Businesses
of all sizes
(US, Canada,
Japan)
Get your
money fast
Simple
pricing.
Only pay
when you sell
No fees for
presence in
Square
Market
Free
No restrictions
on number of
devices
On the go: run
your business
on smart device
In store: turn
iPad into
complete POS
Online: free
store in Square
Market
Square Market
Word of Mouth
Apple Store
Best Buy
Rethinking
buying and
selling
Build software
and hardware
Creative and
collaboratieve
entrepreneurs
Hardware
and software
RED
for offering the
SQUA(RED)
reader to fight
aids
Jobvite for
recruiting the
best people
Sumitomo
Mitsui Card
Corporation
Off-sites
ICT and
hardware
development
and systems
People
Consumers
Square Cash:
Send and
receive money
44. CONTACTINFORMATION
Patrick van der Pijl
patrick@businessmodelsinc.com
@patrickpijl
Roland Wijnen
roland@businessmodelsinc.com
@rolandwijnen
Contact us for business model case studies customized to your strategic issues
45. COLOFON
Copyright ยฉ 2014 Business
Models Inc.
All rights reserved.
The information and
insights presented in this
business model case study
are based on public sources
and our experience in over
250 business model
innovation projects. This
business model case study
reflects our current
perspective on the Square
model. The purpose is to
inspire thinking about value
creation and new business
models. It is not meant to
describe an absolute truth.
Copyright of photographs
and written material lies
with the respective authors.
Thank
ย you
ย for
ย
watching!
ย