I did an elevator pitch for an app for a monthly subscription based Walmart app that makes customers shopping experience easier. The app is supposed to give customers personalized suggestions, help finding items in the store, and price checks.

What I know about the consumer segment so far is that it is for busy individuals/families that want convenience and the best prices on items from target.

My partners are software developers, data analysis partners, and marketing.

The pitch was a success. Now Im developing the BMC slide deck that will be reviewed by a former project manager.

Answer key business model questions:

• What are the risks to your business model? [(For example, do you have the right relationships with suppliers and partners to create the value proposition and bring it to market?)
• Are there things that can or should be changed to strengthen the business model to reduce its risk? [(Refer to the SWOT analysis. Example: having multiple suppliers to protect the project.)

THE SWOT ANALYSIS:

associbted eith suppliers could affact ds businessoperations. S Weaknesses Cuntomer-centrio Business Operations O Mutr-charneisales (5) High inventory fumuvir Fatio Opportunities s. Threats 8 Copansion iviative clobal Onine Aptail Maret o Oseratione to rinanow pstratede induster Puticat Environment Ec Economb siturtion 4 Sosio Culturait theronment A. Fentmelogicat Cenuirerement Operatienal Custemer-exetrie Busines Operatiens Milti-channes sales