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Business Model Canvas 2022 Report

   

Added on  2022-10-08

13 Pages2518 Words55 Views
Running head: BUSINESS MODEL CANVAS
BUSINESS MODEL CANVAS
Name of the Student
Name of the University
Author Note

1
BUSINESS MODEL CANVAS
Executive Summary
The report is based on the analysis related to the nine major building blocks of an Australian
organization named Travelport Locomote. The services that are offered by the organization
are also based on the ways by which the building blocks are connected to each other in an
effective manner. Travelport Locomote mainly provides travel based services to the corporate
customers in Australia. The critical success factors related to operations of the company have
been discussed in the report in detail. The risks faced by Travelport in the industry are also
analysed and changes in business model have been suggested as well. The recommendations
that have been provided to Travelport Locomote are based on increasing the number of
partners in the industry.

2
BUSINESS MODEL CANVAS
Table of Contents
I. Introduction.................................................................................................................3
II. Business model..........................................................................................................3
A. Building blocks.........................................................................................................3
1. Customer segments................................................................................................3
2. Key partners...........................................................................................................4
3. Value proposition...................................................................................................4
4. Key activities..........................................................................................................4
5. Channels.................................................................................................................5
6. Revenue streams.....................................................................................................5
7. Cost structure.........................................................................................................5
8. Key resources.........................................................................................................6
9. Customer relationships...........................................................................................6
B. Interrelationships.......................................................................................................6
C. Critical success factors..............................................................................................7
D. Downside risks..........................................................................................................7
E. Business model changes............................................................................................7
III. Conclusion................................................................................................................8
IV. Recommendations....................................................................................................8
References......................................................................................................................9
Appendices...................................................................................................................11
Appendix 1 – Table 1 – Business model canvas of Travelport Locomote..............11
Appendix 2 – Table 2 – Revenues of Travelport Locomote....................................12

3
BUSINESS MODEL CANVAS
I. Introduction
Travelport Locomote is a simple platform that provides travel based services to the
corporate customers or travellers. The travel managers of different organizations are
empowered in an effective way for driving the changes and achieving a leap in the various
travel programs. The features that are offered by the platform are powered by the app of
Travelport Locomote and the website is also able to offer online booking related facilities.
The lifecycle of the travel plans of corporate platforms are totally planned by the app of the
organization and the website is also able to offer major levels of support to them
(Locomote.com. 2019).
II. Business model
The most significant vision that was formed by the company for the purpose of
providing travel based activities to the corporate customers is a part of the business model of
Locomote. The experiences that are provided to the customers are able to affect the business
model of the company in a huge manner. The management based team of Locomote is
passionate to offer the best levels of services to corporate travellers in Australia. The
operations that are developed by Travelport Locomote are considered to be helpful for
offering best experiences to the customers. The level of travel services of Locomote are
considered to be of high levels based on experiences that are offered to them (Antikainen &
Valkokari, 2016).
A. Building blocks
1. Customer segments
The major segments of the customers of Travelport Locomote mainly include the
hotel partners and the corporate travellers as well. The organizations in which corporate
travellers are currently working are helpful in the development of various customer segments

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