Business Model Canvas for Tesla Company. Customer Segments ( 150 words & reference) Cost Structure ( 150 words & reference) Revenue Streams ( 150 words & reference) Example below is for Wikiprdia...

business model canvas.


Business Model Canvas for Tesla Company. Customer Segments ( 150 words & reference) Cost Structure ( 150 words & reference) Revenue Streams ( 150 words & reference) Example below is for Wikiprdia business Model: to help you understand. Customer Segments Customers are an integral part in Wikipedia’s business model. They guarantee the survival of Wikipedia by contributing and volunteering to their projects (Osterwalder & Pigneur 2010). Wikipedia allows every person to freely disseminate information and knowledge to all its readers coming from diverse backgrounds and qualifications (Wikimedia 2017). Wikimedia foundation, in their annual plan for 2017-2018, has stepped in with their efforts in the programme designed to attract new readers. In partnership with the local Wikimedians, Wikipedia would launch programmes in countries like Mexico, India and Nigeria based on their unique needs of users in these countries (Wikimedia 2017). They have also emphasised on the need to engage and retain volunteers through provision of improved programmes, experiences and resources (Wikimedia 2017). The department of Community Engagement is working towards this goal by organising mentorship programmes in community leaders and also supporting programmes such as GLAM (Galleries, Libraries, Archives and Museums), thus making it easier for the communities to access resources (Wikimedia 2017). Wikimedia is tapping into new readers and contributors who have lacked awareness and usage of Wikimedia’s services (Wikimedia 2017). Cost Structure Kolbe (2014) evidence that Wikipedia said before that the main cost to maintain the Wikimedia running are used to support servers, staff, and programs. According to the WIKIMEDIA FOUNDATION, INC Financial Statement (2016), outlines that salaries and wage, special event expense, internet hosting, professional service expenses and depreciation and conference are the foundational costs of Wikipedia's activities which verify the wording of Wikipedia. Revenue Streams Wikipedia is a non-profit organization therefore; all the funding is mostly through donations. One of the Wikipedia writer and editor, Pete Forsyth stated that money required to run Wikipedia is very tiny around 3M USD and it survives because general people contribute to it (Forsyth 2016). Wikimedia foundation is the host of Wikipedia so it is primarily funded by reader donations and Wikimedia foundation utilizes these funds to maintain the operating costs including servers and staff. They also have an online store where notebooks, pens, pins, and t-shirts are sold (Loeb 2015). The average donations Wikimedia receives per person it's nearly US $15 and for the fiscal year 2015-16, Wikimedia received the 77M USD from 5 million readers around the world (Fundraising Report 2016).