Entrrepreneurship Paper

profileaprie41myu
LatestBusinessCanvas.docx

BUSINESS MODEL CANVAS

Key Partners

ie

allies – Wholesale Bike production companies

opponents – Bike rental companies

Key Activities

ie

to reliably support - Tech group

channels – application, website

customers – College students, travelers, city residents

Value Propositions

ie

gains provided – Bike Rental

pains reduced - ease of returning bikes to stations

novelty – QR Code, miles & calories calculation

access - Application

convenience – Application Store

Customer Relationships

ie

how to – Customers create new profiles when they use our service. Feedback can be input on application.

Customers are rewarded for frequent usage and feedbacks.

self-service – Completely self-service

co-creation – Improve service based on feedback

Customer Segment(s)

ie

Initial – College students

niche - Exercisers

needs – Bike rental

Key Resources

Ie

Assets – Friends & family funds

Skills – IT skills

IT – college students/graduates

Knowhow – Application developer

Channels

Ie

how to reach – Application store

delivery - none

support – Customer Service

Cost Structure

ie

cost components - bicycles, advertising, IT development, customer service

relative to competition – More cost on application development, less cost on bicycle stations

Revenue Streams

ie

transaction – through application

subscription - none

advertising – google advertising

incentives - none