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FIELD OF DISCIPLINE Develop a new product idea that solves a societal problem

: CIVIL ENGINEERING

considering the use of EXPERTISEIN YOUR CHOSEN FIELD OF DISCIPLINE (CIVIL ENGINEERING). Pitch your idea guided by the business model canvas (see attached figure). Indicate a title of the new product idea.

 

The objective of a business pitch is to get potential investors to invest in your business idea. Hence, you may assume your classmates and me as your potential investors and you aim to entice us to invest in your business idea.


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Develop a new product idea that solves a societal problem considering the use of EXPER "SE IN YOUR CHMEN FIELD OFDISCIPLINE. Pitch your idea guided by the business model canvas (see attached figure). The objective of a business pitch is to get potential investors to invest in your hushiess idea. Hence. you may assume your classmates and me as your potential mvestors and you aim to entice us to invest in your business idea.

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10/ CFI Key Partners Key Activities Value Propositions Customer Relationships Customer Segments Identify your company's key What specific key activities are Identify the core value the What type of relationship do you Identify who is your value partners. This can consist of necessary to deliver your value company provides to customers. have with your customers? How proposition targets. Who are Important suppliers in your proposition? What activities set What exactly is the company do you interact with customers you creating value for? Who are supply chain. What key your company apart from others? trying to give to customers? What and how does this differ amongst your most important customers? resources does the company Consider how your company's problem is your company trying customer segments? Do you What are they like? What do they receive from these partners? unique differences in its revenue to solve and what needs are your communicate frequently withyour need? What do they enjoy?What What key activities are streams, distribution channels, company satisfying? Howdo you customers? How much support is the customer market like? Are performed by these partners? or customer relationships. Do offer something different that does your company provide? you targeting a small niche Think about whyyour company you need to procure specific niche satisfies the demands of your community or a mass market? works with these key partners resources? Do you need to customer segments (e.g. price, and the motivations behind them. streamline to keep costs and quality, design, status)? prices low? Key Resources Channels What specific key resources or How do you deliver your value assets are necessary to deliver proposition? How do you reach your value proposition? Consider your customer segments? What what resources your distribution channels are used? Consider your channels and revenue streams supply, distribution, marketing, may require to function. and communication channels. Are Additionally, thinkaboutwhat they well-integrated and cost resources are needed to maintain efficient? Are they utilized customer relationships. Does effectively? your company require a lot of capital or human resources? Cost Structure Revenue Streams Identify the key costs in your company's business model. What are the major drivers of Identify the ways your value proposition generates money for your business. Does your costs? How do your key activities and key resources contribute to the cost structure? company have multiple methods of generating revenue? What is the pricing strategy for the How do your costs relate to your revenue streams? Are you properly utilizing economies products offered by your company? Throughwhatchannels do your customers pay? Does of scale? What proportion of costs are fixed and variable? Is your company focused on cost your company offer multiple forms of payment? optimization or value?

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SOME EXAMPLES (BASIS):


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Mom Knows Best aims to produce healthy food dishes that utilizes self-growth fresh and organic ingredients, which caters consumers who are into healthy food and prioritize healthy living during pandemic. This business will be managed by a medical technologist student who has a background on health nutrition. KEY ACTIVITIE CUSTOMER KEY PARTNERS VALUE RELATIONS CUSTOMER Produce healthy food for PROPOSITION Announcing of updates SEGMENTS consumers as well as experiment new recipes about expanding of Eco-friendly to provide new dishes existing dishes or creating new recipes through the kitchenware supplier: use of social media provides affordable eco-friendly utensils, KEY RESOURCE Provide delicious and Target customers are containers, and Raw materials: set healthy food that STRIBUTION 20 years old and packages growth vegetables from utilizes organic and above who are into Wholesale supplier of my garden. Spices, fresh ingredients from CHANNELS fresh and organic meats, spices, and rice, meats, containers my own garden for and packages. Associate with same day foods, and people rice consumers in my delivery couriers such as who are aiming to . Courier business My mom as the cook, Grab Food and Lalamove have healthy lifestyle and me for packaging community. partners: for delivery for fast transaction and this quarantine. of different products Own kitchen Capital to pay upfront fast delivery of foods COST . Sale of physical product: home-cooked dishes, Registration fee for the business Different vegetables seeds, spices, STRUCTURE such as vegan meatballs, can be paid through cash on delivery, debit/credit card, and GCash. containers, utensils, packages . Volume selling: home-cooked dishes are Electricity, water, and gas REVENUE exclusively pre-order so there will be no leftovers. Transportation to the market Promotion strategy by having sets or bundles of DOC STREAMS dishes that also gives discounts to the customers

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Alco - soap Disinfecting Wipes Key Partners Key Activities Value Propositions Customer Customer V Relationship Segments . DESIGNING . MARKETING STRATEGIES . ONLINE INTERACTION . DISTRIBUTION OF FACE-TO-FACE MEET . MANUFACTURING PRODUCTS . DISINFECTION UP OBSERVING COMPANY . COVID SOCIAL DISTANCING . PRODUCT PREVENTION . FRONTLINERS SUPPLIERS Key Resources CONVENIENCE Channels . HEALTH . RESELLERS . EFFECTIVENESS WORKERS . DISTRIBUTORS 3-IN-1 HYGIENE . STUDENTS . FOOD AND DRUG SUPPLY . PARENTS . INTERNET ADMINISTRATION CONNECTION BENEFICIAL SOCIAL MEDIA . ALL CITIZENS (FDA) . GADGETS . ANTIBACTERIAL . DIGITAL MARKETING HUMAN SOCIAL . COST-EFFECTIVE RESOURCES/ STAFF ADVERTISING . PHYSICAL STORE Cost Structure Revenue Streams . COST . EQUIPMENT AND . SALES PRODUCTION MACHINES USE . BUY ONE TAKE ONE . LABORS . SALES COMMISSION . ADVERTISING FEES . TAXES . MATERIALS . MARKETS

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Answer & Explanation
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