CANVA |
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About |
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Canva
has been changing the way in which we communicate. Today our design tool has
attracted over 60 million happy users across 190 countries, who have
collectively created more than 7 billion designs. |
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With an
integrated marketplace that has both free and paid stock photography, fonts,
illustrations, and thousands of templates; a paid subscription that offers
the ability to set up a brand kit so users can save their brand colours,
fonts and assets, and ensure consistency across their designs; and a print
service that gives our users the ability to produce professional prints in a
variety of formats and sizes, delivered straight to their doorstep - Canva is
disrupting the way we design. |
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Who
Owns Canva ? |
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Founded in 2013, Canva is
still owned by its founders, with Melanie Perkins as the company’s CEO. |
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Specialties |
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Design,
Graphic Design, Web app, Software engineering, Startup, Technology,
Innovation, Publishing, and product design |
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Canva
Funding, Valuation & Revenue |
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https://productmint.com/the-canva-business-model-how-does-canva-make-money/ |
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According to Crunchbase,
Canva has raised a total of $572.6 million in 14 rounds
of venture capital funding. |
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During
the company’s newest funding round, announced in September
2021, Canva was able to amass a valuation of $40 billion. Both Perkins and Olbrecht are now multi-billionaires. |
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Canva
has generated $700 million in revenue for the fiscal year
2020 according to AFR reporting. |
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Notable investors into the company
include the likes of Softbank, General Catalyst, Sequoia Capital, Felicis
Ventures, Blackbird Ventures, and many more. |
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Canva |
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A
premium software design tool, Canva lets you create designs by just dragging
and dropping. This is an excellent solution for business owners who don’t
have the budget to hire a professional graphic designer. |
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There is
a free version, and then there’s the pro, which we’ll review here. It allows
you to use all that Canva has to offer for a minimal price. |
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There is
a free version, and then there’s the pro, which we’ll review here. It allows
you to use all that Canva has to offer for a minimal price. |
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The pro version of Canva will
give you access to the following: |
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610,000+
premium templates |
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3000+
fonts |
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https://penji.co/canva-vs-penji-competitor-analysis/ |
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100+
million premium photos, videos, audios, and graphics |
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100GB of
cloud storage |
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Priority
support |
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The
Costs |
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As with
many business owners or marketers, the cost of design is one of the most
vital factors in choosing their design partners. Again, this is the primary
reason most businesses on tight budgets decide to do the designs themselves.
They have resigned to the fact that great design doesn’t come cheap, and in
most instances, this is true. |
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Plans
and Pricing |
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Canva Pro |
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For
individuals, solopreneurs and freelance designers who want unlimited access
to premium content, to create professional designs with ease and scale their
productivity. |
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R3,999.00 per year for one
person |
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Features you will get in Canva
Pro |
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100+ million premium stock
photos, videos, |
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audio and graphics |
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Unlimited features, folders
and premium content |
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610,000+ premium and free
templates with new |
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designs daily |
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Establish your brand's visual
identity with logos, |
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colours and fonts with up to
100 Brand Kits |
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Create dedicated folders for
specific projects |
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Resize designs infinitely with
Magic Resize |
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Remove image backgrounds
instantly with |
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Canva for Teams |
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All the
great features of Canva Pro, plus we think you'll love these features
designed to allow teams of all sizes to collaborate with ease. |
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Plan for 2+ people. |
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Rs 6,590.00 per year for the
first 5 people |
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Features you will get in Canva
Teams |
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100+ million premium stock
photos, videos, |
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audio and graphics |
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Unlimited features, folders
and premium content |
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Brand controls to ensure your
team's designs |
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stay on brand |
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Designed for team
collaboration with approval |
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workflows, activity logging,
assign tasks and |
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roles |
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Create dedicated folders for
specific projects or |
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departments |
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Turn your team's designs,
presentations and |
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documents into branded
templates |
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Set which elements your team
can edit, and stay |
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on-brand with template locking |
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Team reports and insights |
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Pay as you grow, you'll be
able to reconcile costs |
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for anyone who's joined your
team before each |
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billing cycle |
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Cloud storage (1TB) |
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Canva
Business Model |
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The Canva
business model is a SaaS that provides graphic design software
for people who are not professional designers and don’t have an interest or
cannot afford to hire one. |
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The user
has access to innumerable ready-made templates, fonts, and even free images,
in a user-friendly interface, able to feed any kind of social media, and
more. |
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How
Canva makes money |
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Canva is
a freemium business model: It is free to use, with subscription plans
that offer additional features, images, and templates. There are five revenue
streams at Canva |
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Canva
Pro |
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https://businessmodelanalyst.com/canva-business-model/ |
Canva
Pro is a premium subscription plan, with prices starting at $6.50
per month, depending on how many users will use the subscription. |
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Canva
Enterprise |
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Canva
Enterprise is another subscription plan, aimed at large businesses,
interested in managing their brand. The cost starts at $20.50 per person,
monthly. |
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Canva
Print |
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Canva
has partnered with printers to print and deliver the
material printed. Users can make their designs in the applications and
receive the physical material at their address. |
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Canva
charges the service according to the type of product, order volume, and
location for delivery. |
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Marketplace |
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Sometimes
people do not see the necessity of subscribing but want to buy some premium
design. In these cases, Canva charges a one-time fee for single usage. Users
can find paid images and templates, ready to use. |
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The
content is developed by designers, who leave their work available on the
platform. For every sale, Canva takes 35%. For content sold in the Pro plan,
creators received 50% (cutting off taxes and processing fees). |
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Design
School |
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Canva
also has a Design School, by which the company offers online and
in-person classes, about design, branding, and social media, hosted by
Canva’s experts. |
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Online classes are free and the
presential ones start from $5. |
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Canva’s
Customer Segments |
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Canva’s customer
segments consist of: |
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Anyone,
from casual individual users to business teams |
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From
non-designers to professionals |
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From
non-profit organizations to educational institutions |
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Canva’s
Channels |
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Canva’s channels consist
of: |
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Website |
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Mobile
app |
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Canva
button (integrated into any website that hosts user-designed content) |
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API |
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Social
media |
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Affiliate
program |
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Canva’s
Key Resources |
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Graphic
design platform |
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IT
infrastructure |
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Library
of illustrations, photos, and imagery |
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Staff |
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Design
community |
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Contributor
partners |
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Canva’s
Key Activities |
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Graphic
design |
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Platform
maintenance |
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Product
development |
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Marketing
and sales |
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SEO |
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Operation |
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Support |
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Integrations |
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Canva’s
Cost Structure |
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Canva’s cost
structure consists of: |
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Software
development |
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Infrastructure
maintenance |
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Network |
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Personnel |
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Marketing
and affiliates |
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Administration |
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