A Brief Look Into Value Propositions

Square Credit Card Payment System in Use. Heater, Brian. “Apple Stores Stocking Square Credit Card Readers.” Engadget. Engadet, 21 Apr. 2011. Web. 25 Sept. 2014. <http://www.engadget.com/2011/04/21/apple-stores-stocking-square-credit-card-readers/>.

Having just completed the group assignment, I was caught by something of extreme interest. The business model canvas served as the catalyst to my expanded interest in learning how business work. I was particularly intrigued by value propositions, as I always tend to think in a more entrepreneurial and innovative stand-point when it comes to looking at various businesses. Thus, for this blog post, I decided to look at the 10 value propositions I wish I had, many of which, ironically, I already had. However, there was one value proposition of the few that caught my eye. This firm was Square.

Square is essentially a firm that focuses on the financial aspects of commerce, and allows individuals to purchase goods and services using offline debit and credit cards through their phones and tablets. Square is a company that is becoming quite successful due to their innovative idea. Value propositions are so important for a business in terms of having a solid foundation for marketing and a USP. They allow firms to remain ahead of the competition and provide a large amount of revenue.

It was exceedingly interesting to view the different firms and learn of how far entrepreneurship and innovation has come in just a few years. With further advancements in technology and developments in efficiency and productivity, we are sure to see further unique value propositions that satisfy our daily needs and wants.

Works Cited:

Casella, Brett. “10 Value Propositions You Wish You Had.” IMPACT. Impact, 26 June 2013. Web. 25 Sept. 2014.
Heater, Brian. “Apple Stores Stocking Square Credit Card Readers.” Engadget. Engadet, 21 Apr. 2011. Web. 25 Sept. 2014. <http://www.engadget.com/2011/04/21/apple-stores-stocking-square-credit-card-readers/>.
Square. “Square: About Us.” Square. Square, n.d. Web. 25 Sept. 2014.
Wikipedia. “Square, Inc.” Wikipedia. Wikimedia Foundation, 15 Sept. 2014. Web. 25 Sept. 2014.
Wilhelm, Alex. “Before $100 Million Raise, Square Was In Talks With Apple | TechCrunch.” TechCrunch. TechCrunch, 12 Sept. 2014. Web. 25 Sept. 2014.

 

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