private banking

9 questions for your business model

Activity perspective

PARTNERS

    other product providers

What can partners do better than you or at a lower cost (and thus leverage your business model)?

KEY ACTIVITIES

    advise
    product R&D
    marketing
    platform management

What are your key activities and how difficult are they to perform (by others)?

KEY RESOURCES

    brand/trust
    product IP
    transaction platform

What are your key resources and how difficult are they to copy (by others)?"

Offer perspective

VALUE PROPOSITION

    personal, tailored & highend wealth management
    financial products
    transaction management

Which one of your customers's problems are you solving and why will he work with you rather than with a competitor?

 
Client perspective

RELATIONSHIPS

    intimate personal relationship
    key account management

What type of relationship does your customer expect you to establish and maintain with him?

DISTRIBUTION & ACQUISITION CHANNELS

    personal networks
    sales force
    transaction platform

Through which means does your customer want to be reached and addressed by you?

CUSTOMERS

    wealthy individuals & families
    private banks
    private banks
    independent financial advisors

Who are your customers? what are your customers' needs, desires and ambitions?

 

COST STRUCTURE

    platform management
    HR: R&D
    HR: private bankers

What is the cost structure of your business model and is it in harmony with the core idea of your business model?

Financial perspective
 

REVENUE STREAMS / PRICING

    management & advisory fees
    product performance fees
    transaction fees

What value are your customers really willing to pay for and how will they pay for it?

 
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