urshoe.com
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