urshoe.com

Post on 01-Nov-2014

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DESCRIPTION

How to create a new business model of selling customized shoes online.

TRANSCRIPT

UrShoe.com

Original Idea

The original idea was actually nothing.

It only stated the idea of selling customized shoes online.

There was no mention of how to create extra value to the business.

Most probably the entrepreneur thought that it is not a feasible idea at all.

Business Model Canvas

The Business Model Canvas is a strategic management template for developing new or documenting existing business models.

It is a visual chart with elements describing a firm's

Value proposition

Infrastructure

Customers

Finances

It assists firms in aligning their activities by illustrating potential trade-offs.

Business Model By Alex Osterwalder

VALUEPROPOSITION

COSTSTRUCTURE

CUSTOMERRELATIONSHIP

TARGETCUSTOMER

DISTRIBUTIONCHANNEL

VALUECONFIGURATION

KEY RESOURCES

PARTNERNETWORK

REVENUESTREAMS

Gives an overall view of a

company's bundle of

products & services

Portrays the network of cooperative agreements with other companies

Describes the channels to

communicate and get in touch with customers

Describes the arrangement of activities

and resources

Explains the relationships a

company establishes

with its customers

Sums up the monetary

consequences to run a business

model

Describes the revenue streams

through which money is earned

Describes the customers a

company wants to offer

value to

Outlines the capabilities

required to run a company's

business model

INFRASTRUCTURE CUSTOMER

OFFER

FINANCE

9 Building Blocks of Business

OFFEROFFER

CUSTOMER

Online Shopping Users & Corporate Clients

CUSTOMER

Orders Web Portal

UrShoe.com

Assembling UnitSuppliers

Customers

Orders

Courier (5-7 Days)

Finished

Goods

Customize

d

OrderInventor

y

CUSTOMER

• Builds strong trust and guarantee good quality• Provide unique customer experience which will help in

buying decision of other customers

• Create virtual relationship with customers by building easy, secured, reliable, cost effective, efficient platform

• Lower buyer search cost

• Through advertisements keep them well informed

FINANCE

FINANCE

INFRASTUCTURE

INFRASTUCTURE

INFRASTUCTURE

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