Value Proposition Canvas

Also known as: VPC

framework · management · organizing-schema

Aligns customer pains, gains, and jobs to product features and benefits.

The Value Proposition Canvas, introduced by Alexander Osterwalder, Yves Pigneur, Greg Bernarda, and Alan Smith in Value Proposition Design (2014), is a focused complement to the Business Model Canvas that zooms into two of its nine blocks — Value Propositions and Customer Segments — to provide more detailed structure for designing and validating product-market fit. The Customer Profile side decomposes the customer's situation into Jobs (functional, social, emotional), Pains (frustrations, obstacles, risks), and Gains (desired outcomes, benefits); the Value Map side decomposes the offering into Products & Services, Pain Relievers, and Gain Creators. 'Fit' between the two sides — particularly that pain relievers address ranked pains and gain creators address ranked gains — is the test of a strong value proposition.

Originators

Alexander Osterwalder; Yves Pigneur; Greg Bernarda; Alan Smith high

Year / Decade

2014 (Value Proposition Design) high

Primary sources

Osterwalder, A., Pigneur, Y., Bernarda, G. & Smith, A. (2014). Value Proposition Design high

Core components

Primary use case

Value proposition design and product-market fit analysis; structuring customer interviews and discovery research; complementing the Business Model Canvas with deeper customer-segment analysis.

Common criticisms

Lineage

Child of
Business Model Canvas
Siblings
Business Model Canvas, Lean Canvas, Jobs to Be Done, Kano Model
Derived from
Business Model Canvas