Presentation Slide

BUSINESS MODELS: BUILDING BLOCKS

The last two blocks:

8) Key Partners (KP)

Describes about the network of suppliers and partners that make the business model work. Companies create alliances to optimize their business models, reduce risk or acquire resources.

Our KP:

• Petrol station
• Suppliers
• Suppliers for raw materials
• University of Malaya

9) Cost Structures (CS)

Describes all costs incurred to operate a business model. It describes the most important costs incurred while operating under a particular business model. Such costs can be calculated relatively easily after defining KR, KA, and KP. 

Our CS: 

• Electricity
• Equipment
• Human resources ( workers)
• Water source

BUSINESS MODEL: BUILDING BLOCKS

Another three blocks that we learned in previous class:

5) Revenue Streams (RS)

Represents the cash a company generates from each Customer Segment. If customers comprise the heart of a business model,  RS are its arteries. Each RS may have different pricing mechanism, such as fixed list prices, bargaining, auctioning, market dependent, volume dependent or yield management.

Our RS:


Selling food while they are waiting for their car.

6) Key Resources (KR)

Describes about the most important assets required to make a business model work. This resources allow an enterprise to create and offer a Value Proposition, reach markets, maintain relationship with Customer Segment and earn revenues. Kr can be physical, financial, intellectual, or human.

This is our KR:

• Suppliers (soap)
• Polishing kit
• Human resources
• Vacuum cleaner
• Air compressor
• Water

7) Key Activities (KA)

It describes the most important things a company must do to make its business model work. This is the most important actions a company must take to operate successfully.

Our KA:

• Advertise promotions
• Place
• Car washers
• Clean up
• Polishing
• Accounts
• Report
• Human resources

REPLACEMENT CLASS BY MR. BERNARD HOR

On 20 December last week , we had a replacement class in a seminar room, SKET at 8 to 10 p.m.
The class was conducted by Mr. Bernard Hor. In that class we did some revision about what we have learned  form the previous classes.

We sorted in a group of three people and discuss about:
1) Problem statements
-what is the problem
-who  involve in this problem
-why the problem is occur

2) The solution of the problems
-finding the root cause

3) Ideas to solve the problems
-the solution

Then, we submited our ideas into a box and ended our class at 9.30 p.m.

Bussiness Idea-NINE BUILDING BLOCKS

 
    After several weeks of learning the basic skills of entrepreneurship,we've been assigned to create a business plan that concerns the society around us.So, here's our idea! For the past 2 months we (our group members) have heard complaints saying that many motorcyclist and  drivers had faced difficulties in finding water access for them to wash car in UM. After few analyzing and made some discussions we have come to a bold decision to make Snow Wash in UM.

    Today,it's all about getting to know about the keys in business. So here is all what our mentor,Miss Zhen had taught us.The NINE BUILDING BLOCKS!There are many ways, ideas and method to form a business plan and one of the ways is the Nine Building Blocks method.After defining our business idea we identify the problems or question that concerning and relates our idea with society. This is where nine building blocks come in handy.
 

  1.Customer Segment

    First of all customer segment or some'll say target marketing is one of the crucial things and roots for a successful business. Customer segment defines the different groups of people or organizations an enterprise aims to reach and serve.There a re lot of different types of customer segments.
To make it simple and easy,here we list out the potential customers and regulars:

• students
• lecturers
• outsider (since UM is a central place for intersection between Petaling Jaya & KL)
• advertiser

Why students and lecturers?Since they mostly prefer their own vehicles rather than public transport so it's most likely they are the ones who need our service.Outsiders will likely be one of the clients since they'll pass  UM to cross between the cities.

   2.Value Proposition(VP)

The Value Propositions building block describes the bundle of products and services that create value for a specific customer segment.This is the the reasons why customers turn to one company over another.It solves a customer problem or satisfies a customer need.

Here's is our VP,

• Unsatisfied?We'll wash it again for you.For FREE!
• Affordable service price.
•  Collective points-One point awarded for every service & every a dozen points we'll wash for FREE.

  

 3.Channels

The channels building block describes how a company communicates with and reaches its customer to deliver a value propositions.It' function as to create awareness about the services and products that we've offered.

This our possible channels

• Online-facebook,twitter,etc..
• Flyers 
• Siswamail
• Petrol stations (near UM)

  4.Customer Relationship

 The Customer relationship describes the types of relationship a company esatblishes with specific customer segment.A company should clarify the type of relationship it wants to establish with each customer segments.

What we are doing is by promoting and encourage our clients by rewarding them with the syystem of collective points.

Review On The Intoduction of A Bussiness Plan

Hi again..Today,our group curiosity would like to introduce the story of our business blog model.The article that we post recently may seem a bit dull and we're sorry for that.However,today we would introduce the idea of  business service oriented that we believe will help and ease the society.

Here's a quick view about what we've learnt.

1.PROBLEM STATEMENT 

-We've learned that in this world there are always problems that we'll confront.

  Hence, we're assigned to look for any one of the problems that had been face by the society.

2. BUSINESS IDEA

-After identifying the problem,so we're able to find the WH Questions..

 The 'why','what','where' and 'how' questions.We'll elaborate this questions later on.

Basically,after we'd learned in the class we are assign to create a business model,then later turning the model into a business plan in a deck and able to create a business bitch(structured pitching session).

So,those are only the general ideas about what we'd learn in Miss Zhen's class and there're plenty more from what we've learn in her class.That's all for now I guess.We'll continue and discussed more about the idea of our SERVICE BUSINESS project on the next post. :)

Intro~

Assalamualaikum w.b.t and a very warm welcome to our blog. H0pe that the time you read this bl0g y0u have the desire 0r passi0n to value the quality 0f reading and we'll try 0ur best making this bl0g as w0rth -reading bl0g p0ssible and n0t waste you guys preci0us time.So,we are from de CURIOSTY gr0up and 0ur gr0up c0nsist 0f  seven members and all 0f us in Sc. department but we are neither from the bi0lologist n0r chemist.We are just plain physicist who have a lot of curiosity and questions about de life we live in de so called  Earth.

-author : khairi(baru habis kelas dr zamri, dr hamdi xsampai agy. minggu depan ade test. ade 3 soklan. satu pasal vector, matrix and the last is complex number. harap leh skor..hahaha )