Question: Help me answer the Business Model Canvas. I will provide a short info about our product. Key Partners Key Activities Value Propositions Customer Relationships Customer
Help me answer the Business Model Canvas. I will provide a short info about our product.
Key Partners Key Activities Value Propositions Customer Relationships Customer Segments Key Resources Channels Cost Structure Revenue StreamsPROJECT BRIEF Background Information (Overview of the problem or issue that your product can solve or address) DIRECT is a navigating application that allows for the user to maximize the efficiency of their travel and safety predicaments. This application offers several advantages regarding road travel. On the other hand, 4OUR 4UTURE is a research and development as well as business company who aims to be one of the best innovative companies in the world by offering services and improving the efficiency of living by providing lenient ways of traveling, conversing and even safety monitoring of roads, infrastructures and many more. Through the years, there have been a lot of casualties happened in the roads. Different casualties occurred due to inadequate safety procedures and features that are efficient enough to minimize such losses. Traffic accidents and incidents happen from human-to-human contact and confrontation is a visible problem that occurs in everyday basis. The lack of government implemented navigating apps has been around the country for the past years hence, the security and safety of commuters has always been at risk. This application supervises different problems in terms of traffic engineering, road accidents and traffic congestions and the lack of emergency hotlines in regard to traffic accidents and other reasons.Project Objectives and Success Metrics (Your company's mission, target objectives, and success metrics) This application has a lot of significant features such as the following: Map Navigation where it shows both 2d and 3d view of the landmark, Weather Statistic Possibilities that is being monitored by PAG-ASA, emergency hotlines connected to PNP, BFP and other security hotlines, Live Monitoring Cameras installed in each intersection, highways and major streets, traffic light signal indicators with timers, and most importantly the data-stored navigation for offline purposes. The project aims to develop and advance the technology within the area of Mapua University (Intramuros to Manila City Hall) in its first year; to broaden the number of beneficiaries around Manila in its second year; and to cover the whole Metro Manila and expand until all cities and provinces in the Philippines benefit.PROOF OF CONCEPT Suggested Prototype/Product Design (Illustration of your product design and parts) List of Functions (The functions/capabilities of your product) The target market are as follows: Public and private drivers, and commuters. The service is partnered with the Philippine Government and its traffic and road official departments such as LTFRB and MMDA therefore providing service all over the country. This product is marketable via collaboration with the government agencies to provide accurate and essential road mapping as well as safety/emergency hotlines for the consumer (Philippine Citizens) This application has a lot of significant features both coming from the government agencies and private sectors such as the following: Map Navigation where it shows both 2d and 3d view of the landmark, Weather Statistic Possibilities that is being monitored by PAG-ASA, emergency hot-lines connected to PNP, BFP and other security hotlines, Live Monitoring Cameras installed in each intersection, highways and major streets, traffic light signal indicators with timers, and most importantly the data-stored navigation for offline purposes. A. Weather Statistic Possibilities B. Map Navigation C. Live Monitoring Cameras D. Traffic light signal indicators E. Data-stored navigationTarget Audience (Description of your target market/costumer) The Target audiences and beneficiaries that will buy and use this product/ application/service are as follows a. Philippine Government Agencies b. Public and Private Road Transportation c. Civilian CommutersLEAN BUSINESS PLAN IDENTITY (Who are you and what do you do?) DIRECT is a navigating application that allows for the user to maximize the efficiency of their travel and safety predicaments. This application offers several advantages regarding road travel. On the other hand, 4OUR 4UTRE is a research and development as well as business company who aims to be one of the best innovative companies in the world by offering services and improving the efficiency of living by providing lenient ways of traveling, conversing and even safety monitoring of roads, infrastructures and many more. PROBLEM WORTH SOLVING (What OUR SOLUTION (How are you solving problem are you solving for your the problem you've identified?) customers?) Through the years, there have been a DIREC offers a precise navigation lot of casualties happened in the and rerouting system where it roads. Different casualties occurred identifies the general problem that will due to inadequate safety procedures happen based on statistics and and features that are efficient enough possibilities. to minimize such losses. This application not only offers Traffic accidents and incidents fundamental system features but also happen from human-to-human emergency hotlines that is directly contact and confrontation is a visible connected to the government contact problem that occurs in everyday system such as: LTFRB, MMDA, basis. PNP, BFA and many more. Live Monitoring Cameras (LMA) are innovated for accessible online viewing through the application itself, hence allows the user to identify which route is better than the others by knowing the traffic flow within that specific street, highway and others.TARGET MARKET (Who is your target | THE COMPETITION (Who is your customer? Are you targeting multiple competition and how are you different?) market segments?) Commuters, public and private drivers There are several applications that are are the main beneficiary of this directly similar to this such as: WAZE, application in which it will not only GMAP, APPLE MAPS, GOOGLE promote efficient travels, but also EARTH. safety through emergency hotlines. Government agencies will be the main The difference is that this application source of revenue as they are going to offers advance rerouting system, be one of the partners upon the weather forecast possibilities and most creation of this product. Both importantly, the Live Monitoring consumers and customers. Cameras (LMA) and emergency hotlines in which will protect the Different government agencies around consumers, unlike the said the country will be targeted starting competitors, this application is also from the central city of the Philippines, partnered with the Philippine Manila up to the local, rural and urban Government which increases its areas such as provinces and many legitimacy and proof of safety. more. SALES CHANNELS (How will you sell MARKETING ACTIVITIES (What are your products?) the key marketing activities that you'll Bidding presentation will be conducted be using to drive customers to your to ensure balance and fair transaction. door?) There would be several occasions and discussion with different government Several events will be conducted such agencies, presentation on how this as Supermarket promotions, mall product will not only benefit the conventions and Online webinars that country, but also promote efficiency in is facilitated by the government. terms of road managing, observation and maintenance. Since this Discussion of surface knowledge as to application is both being consumed by why this product not only promote civilians and government, small safety, but also efficiency in terms of subscription fee is highly commuting since it isn't limited to recommended to promote revenue drivers, but commuters will highly and sales for the side of civilians. benefit from it as well. Physical advertisement such as events are highly romanticized to promote a more efficient public distribution.TEAM (Who are your key team PARTNERS AND RESOURCES (Who are your business critical partners?) members and what are their roles?) Each respective member of the panel Several government agencies are has their corresponding jobs and roles, going to be the partners of this these are as follows: Advertisement company, 4OUR 4UTURE in which it Manager, Revenue Facilitator, Quality will be a research development as Maintenance Distributor and most well as business that will promote importantly, Sales Presentation and efficiency in road travel and safety Government Connection. precautions. These Philippine Government Agencies are as follows: - Velasquez, Joshua Emmanuel B. a. Sales Presenter and Product A. PAG-ASA Facilitator B. LTFRB - Guico, Dann C. MMDA a. Quality Maintenance Distributor D. PNP E. BFP - Gob, Noel Gerard a. Advertisement Manager and Revenue Facilitator - Jumuad, Dave Lester a. Product Maintenance, Application Surveyor and Technical Supervisor.REVENUE (What are the sources of EXPENSES (What are the expenses that you will incur to produce the your income?) product?) The main source of revenue of this Maintenance will be one of the most project will be coming off from the expensive expenses of this project as business installment and product well as advertisement of the product payment from the government itself. agencies such as PAG-ASA, LTFRB, and MMDA. Tentative product subscription are expected to be implemented as low as 50php in terms of monthly basis, depending on the discussion and presentation
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