Group 1 - BMC by Trechelle Lyn Ras https://padlet.com/trechras/group1BMC Pick a company & find out what their business model is en-us 2022-03-27 23:34:10 UTC 2022-03-28 03:58:23 UTC hello@padlet.com Key Activities trechras https://padlet.com/trechras/group1BMC/wish/2116009155 online marketing
user management (buyers)
user management (sellers)
managing payments
managing & innovating infrastructure
customer support
global shipping]]> 2022-03-27 23:47:27 UTC https://padlet.com/trechras/group1BMC/wish/2116009155 Value Proposition trechras https://padlet.com/trechras/group1BMC/wish/2116009481 1. Ability to buy unique items
2. Worldwide shipping avalilable on most items
3. Can pay online from there cards
4. can sell their products online
5. Can create on shop on etsy
6. Can add tags to their items
7. Can sell vintage items]]> 2022-03-27 23:47:55 UTC https://padlet.com/trechras/group1BMC/wish/2116009481 Customer Segments trechras https://padlet.com/trechras/group1BMC/wish/2116009551 Sellers
Individual artists who make handmade products.
Some sellers are small industries which manufacture handicrafts.  Artists who want to earn money by selling their products.  Artists who want an online shop.

Buyers
Buyers are those who buy craft and vintage items.
People who want to own one of its kind unique products.
]]> 2022-03-27 23:48:01 UTC https://padlet.com/trechras/group1BMC/wish/2116009551 Revenue Streams trechras https://padlet.com/trechras/group1BMC/wish/2116009625 1.Listing Fees- charges sellers at least $0.20 for each product. listing is valid for 4 months. 
2.Commission: charges sellers transaction fees. 3.5%of total amount of every sale made on platform.
3.Advertisement- sellers can advertise items / shops. ads are charged on a cost per click basis
4.Subscriptions- Etsy's users have Etsy Standard suite of tools to manage their shops. premium option can be offer $10 extra per month
5. pattern- sellers can build personalized website.  Free for first 30 days, $15 per month afterward
6.Payment processing- charge fees for different kind of transaction
7.Currency conversion- 2.5% charges of entire product amount


]]> 2022-03-27 23:48:09 UTC https://padlet.com/trechras/group1BMC/wish/2116009625 Cost Structure trechras https://padlet.com/trechras/group1BMC/wish/2116009701 cost components: 
+ staff costs
+ platform development 
+ marketing & ad expenses 
+ shipping fees
+ payment processing fees
+ customer support/ customer services
+ seller education/ support]]> 2022-03-27 23:48:15 UTC https://padlet.com/trechras/group1BMC/wish/2116009701