1) What is the root problem behind your idea?

2) What is your business idea?

3) Whose problem does it solve (customers)?

4)What type of entrepreneurship?

5) What is your product/service offering? What does it do?

6) What problem does it solve?

7) How would a customer buy your product? Why would they buy?

8)What is the value proposition of your business?

9) Draw your value proposition canvas?

10) What benefits will customers expect if they use your product?

11)Why should customers buy from you over your competitors?

12) Is it a paid or free model?

13)  How is your money coming from

14) Show your companies cash inflow and cash outflow

15) What are your revenue streams?

16) Is advertising required for your business? If yes how will you do it?

17) How would your product reach the customer?

18) How are you going to make money for your business?

19) Draw your revenue streams

20) What are your channels ? How will you reach customer (online or offline or both)

21) How will you keep your customer happy? How would you retain and add more customers?

22) What are your customer relationships?

23) How does your business run? List down the steps?

Ans.  The root problem behind our idea is that people have to go to the vegetable market for a cheaper price every second or a third day, for which they waste a lot of time, with the wastage of time the waste renewable resource such as petroleum or diesel, moreover they are wasting as well as giving a impact to the environment.                                                   
2) What is your business idea?

Our idea is to create an app which will allow them to them to choose vegetable and fruits they want and then they can order vegetable and fruits online and we will be sending it to their home with our vans appointed in each area which be CNG vans

 3) Whose problem does it solve (customers)?

It mainly solves the problem of a colony or a society which needs vegetables to run their home as food, this will allow them to sit at home and buy fresh vegetables and fruits and at lowest possible price guilt free to!

 4)What type of entrepreneurship?

This a scalable entrepreneurship 

 

5) What is your product/service offering? What does it do?

It offers them to stay at home and buy fresh fruits and vegetables, also on the app we offer them a subscription which will give them prior delivery and discount. 

 

6) What problem does it solve?

It solves multiple problems, the first one we can say is that for the environment purpose, it does not need any fuel to run, where 10 cars from 1 society were going now it will come down to 0, it will be helpful for old people to order while sitting at home, it will be helpful for disables. 

 

7) How would a customer buy your product? Why would they buy?

The customer will simply have to share the location through the app and select the vegetables and fruits and the place they order, this way we will send the items to their place. They will buy if they give a thought that they are giving back to the environment in some way, also it will be convenient for them to order at home, moreover, the subscription will attract them too!

 

8) Is it paid or free model? 

It is a paid model. 

 

9) Draw your value proposition canvas?

it doesn't allow us to upload pictures  

10) What benefits will customers expect if they use your product?

The customers should expect fresh vegetables and fruits, fast deliveries and variety of vegetables and fruits.

 

11)Why should customers buy from you over your competitors?

Customers should buy from us because we have a huge variety if vegetables and fruits and fast and sanitised deliveries.

 

12) What is the value proposition of your business?

 

13)  How is your money coming from

Our money will come from vendors and customers. From the vendors we will take our cut for delivering the vegetables and for the customers we will offer subscriptions 

 

14) Show your companies cash inflow and cash outflow

Inflow: Cut from vendors, Subscription, Ads on our website/app

Outflow: App/website development, Delivery executives salary, vans

 

15) What are your revenue streams?

 

16) Is advertising required for your business? If yes how will you do it?

Yes, Advertising is required for our business, We will do advertising on Tv, banners, radio messages and offer discount to first time users which will attract more customers

 

17) How would your product reach the customer?

Our product would reach our customer by a delivery executive who will take the products from the vendor and take them to the customers house

 

18) How are you going to make money for your business?

We will make money by taking our cut from the vendors and offering subscriptions to our customers

19) Draw your revenue streams

 

20) What are your channels? How will you reach the customer (online or offline or both)

Our channels are both online and offline as the customer will get the products they have ordered offline and they can buy subscription online

 

 

21) How will you keep your customer happy? How would you retain and add more customers?

We will keep our customers happy by giving them the product on time and also by giving them better discounts than our competitors.

 

22) What are your customer relationships?

 

 

23) How does your business run? List down the steps?

First we create an app 

Then we contact the vendors

We find delivery men

 

1) What is the root problem behind your idea?

2) What is your business idea?

3) Whose problem does it solve (customers)?

4)What type of entrepreneurship?

5) What is your product/service offering? What does it do?

6) What problem does it solve?

7) How would a customer buy your product? Why would they buy?

8)What is the value proposition of your business?

9) Draw your value proposition canvas?

10) What benefits will customers expect if they use your product?

11)Why should customers buy from you over your competitors?

12) Is it a paid or free model?

13)  How is your money coming from

14) Show your companies cash inflow and cash outflow

15) What are your revenue streams?

16) Is advertising required for your business? If yes how will you do it?

17) How would your product reach the customer?

18) How are you going to make money for your business?

19) Draw your revenue streams
Sponsorships. Customer renting  appliances. 

20) What are your channels ? How will you reach customer (online or offline or both)

21) How will you keep your customer happy? How would you retain and add more customers?

22) What are your customer relationships?
Customer Service will be present to look at any issues regarding the products and website. 
Also feedback forms regarding the service will be constantly filled by the customers to check for any complaints or issues regarding the service which will be kept into consideration for the future. 

23) How does your business run? List down the steps?

 

Physical(tangible)- A warehouse for storage, Small trucks for transportation

 

Intellectual(intangible)- Brand name, BIS and CRS Certification

 

Human(Employees)- We need people for repairing the wires.

We also need employees for delivery services.

For administration, marketing, accounts.

 

Financial(Assets) - Cash, bonds, investments.

 
KEY ACTIVITIES
 Deliveries

 Marketing/advertising our product

Administration departments for managing the employees

Customer service

 

KEY PARTNERS

 Security companies

Cleaning service providers  

Local retailers and vendors

FIXED COSTS

Employees(Full time)

Machines used for repairing the wires

Drivers for delivering and for picking wires from customers 

Rent for office spaces and Warehouses
Security and maintenance  

 

VARIABLE COSTS

Electricity and other utilities 

Transportation

Labour

Server space

 1) Physical(tangible)- A warehouse for storage, Small trucks for transportation

 2) Intellectual(intangible)- Brand name, BIS and CRS Certification

 3)Human(Employees)- We need people for repairing the wires.

We also need employees for delivery services.

For administration, marketing, accounts.
4)Financial(Assets) - Cash, bonds, investments.

 KEY ACTIVITIES
Deliveries

 Marketing/advertising our product

Administration departments for managing the employees

Customer service

 KEY PARTNERS

 Security companies

Cleaning service providers  

Local retailers and vendors
VALUE PROPOSITION
 Collecting unwanted wires from houses and firms and re-selling them with cheap prices. Scheduled pickups along with fast deliveries. 
CUSTOMER RELATIONSHIPS
24X7 customer service through cell and online chat portals
Quality is just like a new wire
Advertisements on TV and social media.
Special offers once in a while.
CHANNELS
Online through website and app, Offline through local vendors , retail stores.
CUSTOMER SEGMENT
Ages 18+, Any social class, Metal manufacturers.
COST STRUCTURE
Purchasing the wires, logistics, website and app development, office spaces, warehouses and advertisements.
REVENUE STREAMS
Sponsorship, sales to customers and firms , share from the sales by partners and subscriptions for offers.