business-model-canvas

Design

webpage

8. Key Partners Key Suppliers & Partners 8. Key Partners Key Suppliers & Partners Key Partners × 1. Who are our Key Partners? Insert text here 2. Who are our Key Suppliers? Insert text here 3. Which Key Resources are we acquiring from partners? Insert text here 4. Which Key Activities do partners perform? Insert text here		6. Key Activities Key Activities for our Value Propositions 6. Key Activities Key Activities for our Value Propositions Key Activities × 1. What Key Activities do our Value Propositions require? Insert text here 2. Our Distribution Channels? Insert text here 3. Customer Relationships? Insert text here 4. Revenue streams? Insert text here		3. Value Proposition Value to Deliver to Customers 3. Value Proposition Value to Deliver to Customers Value Proposition × 1. What value do we deliver to the customer? Insert text here 2. Which one of our customer’s problems are we helping to solve? Insert text here 3. What bundles of products and services are we offering to each Customer Segment? Insert text here 4. Which customer needs are we satisfying? Insert text here		2. Customer Relationship Offers Values 2. Customer Relationship Offers Values Customer Relationships × 1. What type of relationship does each of our Customers? Insert text here 2. Segments expect us to establish and maintain with them? Insert text here 3. Which ones have we established? Insert text here 4. How are they integrated with the rest of our business model? Insert text here 5. How costly are they? Insert text here		1. Customer Segments Ideal Value for Customers 1. Customer Segments Ideal Value for Customers Customer Segments × 1. For whom are we creating value? Students (those who have school projects that would require printing or arts and crafts) Graduates (those who have university or college grade projects to print) Businesses (those who would need flyers, business cards, invitations and posters) Churches (those who would need concert/special service flyers/posters) Judges Wedding Couples (those who would need wedding invitations, RSVPS, maps, Thank You cards) 2. Who are our most important customers? Businesses, Wedding Couples, Churches and School Children would be the main demographic since these would come through with jobs ranging from school work to up-and-coming business and event ventures. Wedding Couples in particular would more so aim for services which would bring in higher revenue to perform such as the creation of wedding invitation packages.
		7. Key Resources Important Resources 7. Key Resources Important Resources Key Resources × 1. What Key Resources do our Value Propositions require? A building located in a populated area that would best suit the type of demographic products are being sold to For the beginning stages a section of home property can be set aside for company work in order to save costs on things like rent and bills Machinery such as: Heavy Duty Laptop (preferably a gaming or high-end work laptop) Specs involve the following: 12 – 16 GB RAM Minimum 1 TB storage with 256 to 512 GB SSD storage for boot process 1080p LCD Panel Thin Bezels Good build quality i.e. uses metal and has good airflow Good selection of ports i.e. HDMI, USB 3.0, Thunderbolt Port/Mini Display Port Intel 9-10th Generation/AMD Rizen 7+ Processor (must be quad-core minimum) Software for digital web building ventures such as: Elementor – Website Builder Woostify – WordPress Theme built for Eccommerce Suppliers that can provide bulk in terms of accessories or essential components for the items described above (except for the laptop) Intellectual Property such as brands and IP 2. Our Distribution Channels? Research and gathering of key materials to develop necktie from respective clothing material supplier Materials are passed through Seamstress after necktie draft has been agreed upon Seamstress passes finished work to business owner to be reviewed before mass development can take place Items once generated in bulk will then be packaged in separate location to then be delivered to storefront Customer ordering item digitally or physically has the product delivered to them 3. Customer Relationships? Transaction Long-term Personal assistance Dedicated personal assistance Communities Co-creation 4. Revenue Streams? Online E-commerce website purchases made through payment methods such as Paypal (for custom templates) In-store physical purchase Income from publishing advertisements on media platforms such as YouTube (if configured for monetary) Implementation of Pay Per Click Advertising				4. Channels Integrated Channels & Cooperation 4. Channels Integrated Channels & Cooperation Channels × 1. Through which Channels do our Customer Segments want to be reached? Social Media outlets such as Facebook, Twitter and Instagram for publishing content. Advertisements such as posters, word of mouth and news media outlets 2. How are we reaching them now? Currently looking into using social media platforms due to the availability for a free advertisement avenue along with combining other outlets such as word of mouth. 3. How are our Channels integrated? Channels would be integrated through digital mediums such as a website, which would contain links to appropriate content If going for physical mediums to reach out to customers brochures, posters, billboard advertisements 4. Which ones work best? Currently Facebook would be the most appropriate means of advertisement due to the build in business features it presents to users. This would be alongside having a website so that the general public can have quick access to product desired content. 5. Which ones are most cost-efficient? Having a website to host the products is the most cost effective as it can be setup so that payments to maintain it can happen biannually. Also configuring a social platform is free and gives another avenue for advertising products albeit with less freedom of movement in customising content. 6. How are we integrating them with customer routines? Customers can be signed up to receive news and updates concerning the products we have on offer or when items out-of-stock have been replenished.
9. Cost Structure Costs to Consider with your Business 9. Cost Structure Costs to Consider with your Business Cost Structure × 1. What are the most important costs inherent in our business model? Insert text here 2. Which Key Resources are most expensive? Resupply of expendable items such as printer toner can cost upwards of $2000 ttd 3. Which Key Activities are most expensive? Insert text here					5. Revenue Streams Incoming Revenue Avenue 5. Revenue Streams Incoming Revenue Avenue Revenue Streams × 1. For what value are our customers really willing to pay? Research price on building websites How much does website costs (Expert Market) How much should a website cost (Website Builder) Costs of building a website (Smashing Magazine) 2. For what do they currently pay? Insert text here 3. How are they currently paying? Cash or Bank Transfer (preferably cash as this is tangible and would allow us to verify on the spot) 4. How would they prefer to pay? Due to the recent changes in times for how payments are made, some customers for safety reasons may wish to pay by card (i.e. online bank transfer). 5. How much does each Revenue Stream contribute to overall revenues? Insert text here