Agenda. Timeline Business Model Canvas Strengths and Weaknesses

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Randell Clark
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2 Agenda Timeline Business Model Canvas Strengths and Weaknesses

22 Business Model Canvas

23 Business Model Canvas Source: Alexander Osterwalder: Business Model Canvas

24 Business Model Canvas Host Guest Photographers Investors Paymentprocessors Source: Alexander Osterwalder: Business Model Canvas

25 Business Model Canvas Host Guest Photographers Investors Paymentprocessors Product Development Management Networking Source: Alexander Osterwalder: Business Model Canvas

26 Business Model Canvas Host Guest Photographers Investors Paymentprocessors Product Development Management Networking Technology Local Hosts Employees Source: Alexander Osterwalder: Business Model Canvas

27 Business Model Canvas Host Guest Photographers Investors Paymentprocessors Product Development Management Networking Technology Local Hosts Employees Hosts ü Can earn money ü Security ü Support ü Meeting new people Guests ü Homestay ü Often cheaper ü Connection to locals Source: Alexander Osterwalder: Business Model Canvas

28 Business Model Canvas Host Guest Photographers Investors Paymentprocessors Product Development Management Networking Technology Local Hosts Employees Hosts ü Can earn money ü Security ü Support ü Meeting new people Guests ü Homestay ü Often cheaper ü Connection to locals Customer Service Social Media Insurance Source: Alexander Osterwalder: Business Model Canvas

29 Business Model Canvas Host Guest Photographers Investors Paymentprocessors Product Development Management Networking Technology Local Hosts Employees Hosts ü Can earn money ü Security ü Support ü Meeting new people Guests ü Homestay ü Often cheaper ü Connection to locals Customer Service Social Media Insurance Website Mobile App Source: Alexander Osterwalder: Business Model Canvas

Business Model Canvas Host Guest Photographers Investors Paymentprocessors Product Development Management Networking Technology Local Hosts Employees Hosts ü Can earn money ü Security ü Support ü

30 Business Model Canvas Host Guest Photographers Investors Paymentprocessors Product Development Management Networking Technology Local Hosts Employees Hosts ü Can earn money ü Security ü Support ü Meeting new people Guests ü Homestay ü Often cheaper ü Connection to locals Customer Service Social Media Insurance Website Mobile App Hosts ü want extra money ü open Guests ü priceconscious ü Love travel ü Like it local Source: Alexander Osterwalder: Business Model Canvas

31 Business Model Canvas Host Guest Photographers Investors Paymentprocessors Technology Product Development Management Networking Technology Local Hosts Employees Hosts ü Can earn money ü Security ü Support ü Meeting new people Guests ü Homestay ü Often cheaper ü Connection to locals Customer Service Social Media Insurance Website Mobile App Hosts ü want extra money ü open Guests ü priceconscious ü Love travel ü Like it local Salaries Costs freelancer photographers Source: Alexander Osterwalder: Business Model Canvas

32 Business Model Canvas Host Guest Photographers Investors Paymentprocessors Technology Salaries Product Development Management Networking Technology Local Hosts Employees Costs freelancer photographers Hosts ü Can earn money ü Security ü Support ü Meeting new people Guests ü Homestay ü Often cheaper ü Connection to locals Commission ü Guests ü Hosts Customer Service Social Media Insurance Website Mobile App Hosts ü want extra money ü open Guests ü priceconscious ü Love travel ü Like it local Source: Alexander Osterwalder: Business Model Canvas

33 Summary - Strengths and Weakness Strengths Scalability High Valuation Selection of listings Lower prices than hotels Guarantee of safety Brand recognition Weaknesses Violating zoning laws Opponents fighting back Brand image depends highly on host quality Acting as mediator

34 Questions?

35 Additional Information Source:

36 References Airbnb: The story behind the $1.3bn room-letting website - The Telegraph Airbnb: From Y Combinator To $112M Funding In Three Years - The Wall Street Journal Airbnb CEO Brian Chesky on Building a Company and Starting a Sharing Revolution - The Atlantic Airbnb makes it rain, turning a profit for the first time - CNet

Experience Standards

Experience Standards Host Standards Empathetic Genuine Credible You anticipate your guest s needs and feelings. You keep in mind that each group you host will have varying levels of familiarity with your