I want to write about the Door Lock Business (Please fill in) There is an example. Designed for : Door Lock for Apartment Key Partners : Key Activities : Key Resources : Value Propositions : Customer Segments : Cost Structure : Revenue Streams : (Example) Designed for : Google Car App Key Partners : •Car manufacturers? •Auto Dealerships •Technology companies with self-driving technology – Google •Aftermarket companies that modify cars for self-driving mode •Affinity groups for promotion –Safety (Mothers Against Drunk Drivers [MADD]) Key Activities : Company could be: •Vertically integrated organization to build and sell complete car systems, or •Marketing front end for sales of system to end users •System integrator and software developer assembling existing components and leasing systems Key Resources : •Investment Capital – needed if model will be to acquire and lease vehicles •Technology- license or ”purchase” •Software development expertise •Marketing & sales expertise Value Propositions : Address Pain and or Gain •Safety – eliminate drunk driving •Convenience – easy to pickup kids from events – addresses a pain and a gain.. •Gains productive working time while commuting •Used by people too young to have driver’s license •Lower cost to fleet operators by eliminating drivers •It’s cool – it’s techy! Customer Relationships : Needs: •Create awareness •Provide training •Feedback to company Options Include: •Sales of systems to customers •Rental model with full service to vehicles •Sales & service to enterprise customers Channels : •Full service sales of vehicles •Rental model using existing outlets (cardealers or rental car agencies •Dedicated, captive storefronts (like Apple stores) Customer Segments : Convenience users •Soccer Moms – use it to get kids to from events; identifiable by age/income/location – household incomes over $X0k to $X00 per year •Commuting Executives – identify by location, live in suburbs, annual income>$X00k… Safety Users •Bar patrons – current taxi cab users •Bar owners – could offer drop off service to customers who drink too much •Might segment by disposable income or income allocation to entertainment •Elderly or health-impaired user – unable to drive for health reasons Municipal/Enterprise Users •City bus operators •Taxi/limo fleet operators Archetypical Customer •40-50 yrs. Old •2-4 kids •Drives SUV •Owns home •Household income >$75k Market sizing: Geographic area, households, income level Cost Structure : Non-recurring development •Software app development – $XXk… $X00k…$X M •System integration Capital Expenses – fleet acquisition •$20k to $59k per vehicle •Development/leasing of captive storefronts Marketing & Sales Maintaining vehicle/system service centers Fleet Operations (depending on model) •Vehicle gas, maintenance, insurance Revenue Streams : Product Sale Model •Sell car & software as a system – $X0k… price comparable to high end or luxury vehicles Rental/Subscription Model •Like lease model for a car, with premium pricing for self driving features $X00 per month to $X000 per month Usage model Download the app pay the mileage https://d2vlcm61l7u1fs.cloudfront.net/media%2Fc0e%2Fc0ebfe0a-1f63-400f-8516-afcd16165c5d%2FphpeGJNwp.png

Key Partners: Homeowners, Tenants, Real estate businesses, Building management companies, other landlords, Raw material providers for lock manufacturing, Technology providers for smart locks.
Key Activities: Providing comprehensive solutions for any kind of door locks, manual or smart, Integrating software with locks to provide customized locks as per customer requirements, Quick installation and after-sales services.
Key Resources: Capital to set up manufacturing facilities, Technology for easy smart lock solutions, Expertise to market the products effectively, Strong supply chain and sales distribution channels.
Value Propositions: Safety: Keep your homes safe at all times at affordable prices. Technology-oriented: Get high-end smart locks which can be used via smartphones, Service: Best installation and after sales services, Large range: Suitable for any kind of door.
Customer Segments: Individual users: People who would use locks at their home for personal use, Businesses: Businesses that are in real estate requiring large number of locks for their building or township apartments, Corporates: Organizations which may require door locks for their offices, Other users: Landlords who need locks for their apartments which they want to rent out, Education institutes/hospitals/government offices.
Cost Structure : Manufacturing costs, Raw material costs, Outsourcing costs, Technology costs, Marketing costs, Sales channel and distribution costs, Service centre costs, Employee costs, Maintenance costs, Capital costs
Revenue Streams: Direct to home sales ie individual customers, Partnerships with building management companies, Corporate partnerships, Premium prices Smart locks for high-end customers, Partnerships with Schools, Colleges, Universities, Hospitals, Government offices etc
 
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