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Business Model

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0% found this document useful (0 votes)
47 views15 pages

Business Model

Uploaded by

abb as
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Section Questions

1. Value Proposition What problem are we solving?

What unique benefit does our


product/service offer?

2. Target Audience Who are your customers?

What is their pain point or motivation?

3. Revenue Streams How we gonna generate revenue?


What pricing model we gonna use?

4. Cost Structure What are the fixed and variable costs?

What resources require significant


investment?
Who are the suppliers, collaborators, or
5. Key Partners distributors?

What partnerships will reduce costs or


enhance your offerings?

What are the most important tasks to


6. Key Activities deliver your value proposition?
How we gonna acquire and retain
customers?

What resources are critical to the business?


7. Key Resources (Physical, intellectual, financial, human)
How we gonna interact with customers
8. Customer Relationships (personalized service, community,
automation)?

9. Distribution Channels How we (Online,


gonna deliver the product/service?
retail, direct sales)

Who are the competitors, and how is our


10. Competitors business different?

How we gonna measure success? (Revenue,


11. Metrics for Success customer growth, retention rates, etc.)

12. Scalability How will you grow the business over time?
answer
Fitting Clothing ,
Lack of
Unique or Personalized Products
Seasonal Needs ,
Lack
of Knowledge or Resources for DIY Sewing ,

Custom Solutions for Special Events


Custom Fit and Design ,
One-of-a-Kind Products ,

Seasonal and Functional Designs ,

Support for Local and Small Businesses ,

Skill-Building Opportunities
adults aged 18–45,

algeria ,

middle/hight-income level.

Lack of Access to Custom or Unique Items ,


Unsustainable or Mass-Produced
Fashionv,
Inconvenience or Lack of Time ,
Cost of High-Quality or
Unique Products,
Lack of Personal Connection

Direct Sales,

Custom Orders ,

Workshops and classes,

Upcycling and Repairs,

Collaborations,

E-Commerce Platform,

Seasonal or Event-Based Products,

B2B Services ,

Selling Patterns and Digital Products


Cost-Plus Pricing : (Example: If materials cost $15, labor is $20, and overhead is $5, you
might add a 50% markup, pricing the item at $60.Example: If materials cost $15, labor is
$20, and overhead is $5, you might add a 50% markup, pricing the item at $60.)
Value-Based Pricing: (Example: A unique, handmade jacket might cost $30 to make, but
you price it at $150 because it’s custom-designed and exclusive.Example: A unique,
handmade jacket might cost $30 to make, but you price it at $150 because it’s custom-
designed and exclusive.)

Competitive Pricing: (Example: If local sewing services charge $20 for alterations, you
might price yours at $18 or match the $20 but emphasize faster service.)

Fixed Costs:
Sewing Machine:
Workspace Setup: tables and chairs, as well as storage solutions.
Tools and Equipment: scissors, measuring tapes, and rotary cutters.
Software and Patterns
Rent and Utilities
Workers' Salaries
Benefits and Taxes

Variable Costs:
Fabric and Thread
Notions: Includes buttons, zippers, elastic, interfacing, etc.
Maintenance and Repair: Costs for servicing your sewing machine or replacing broken
needles.
Packaging and Shipping: If you sell your creations, these costs will depend on the number
of items shipped.
Overtime Pay

Equipment and Tools


Materials
Infrastructure
Technology
Marketing and Sales
Legal and Administrative
Suppliers:
Collaborators :
https://dz.kompass.com/a/couture-pour-la-confection/1299008/
Distributors:
JIN ALGERIA: Distributes industrial sewing machines from the Japanese brand JIN BY JUKI.
https://www.jinalgeria.com/en/

My Sewing Mall: Located in Dubai, UAE, they have distribution partnerships in


Algeria.https://melco.com/distributors/

Product Design and Development


Customization and Personalization:(Gather Customer Preferences)
Material Sourcing
Production:(Quality Control)
Marketing and Customer Engagement :(Highlight benefits like sustainability, custom
designs, and quality craftsmanship in your marketing.Use social media, newsletters, or
events to connect with your audience.Share the story behind your brand and products,
emphasizing their uniqueness.)
Order Fulfillment :(Efficient Order Management,Timely Delivery)
Customer Support
Scaling and Growth
Customer Acquisition
-Build a Strong Online Presence,
-Leverage Local Communities(Partner with Local Businesses),
-Word-of-Mouth and Referrals ,
-Social Proof and Testimonials,
Customer Retention
-Excellent Customer Service
-Loyalty Programs(rewards)
-Personalized Experiences :(Suggest products or services based on customer preferences
or past purchases.,Send thank-you notes or birthday discounts to make customers feel
valued.)
-Regular Engagement (behind-the-scenes stories,Host giveaways, polls, and Q&A
sessions,Offer sewing workshops or DIY kits to build a community)
-Quality Assurance

Physical Resources
Equipment:
Sewing machines (standard, industrial, embroidery, serger, etc.)
Cutting tools (scissors, rotary cutters, cutting mats)
Measuring tools (measuring tapes, rulers)
Ironing tools (irons, ironing boards, steamers)
Workspace:
Materials and Supplies:
Fabrics, threads, zippers, buttons, and other notions.
Packaging materials for delivery (boxes, labels, tags).
Technology:
Computers or tablets for design software, marketing, and order management.
Printers for labels, patterns, and business documents.
Intellectual Resources
Brand Identity
Designs and Patterns
Customer Data
Marketing Materials
Intellectual Property: Copyrights, trademarks (for your brand name/logo), and design
patents if applicable.Intellectual Resources
Financial Resources
Startup Capital:
Working Capital: Funds for day-to-day operations
Revenue Streams:
Funding Sources:

...

1. Expand Product Offerings


2. Enhance Online Presence
3. Focus on Customer Retention
4. Leverage Local Opportunities
5. Diversify Revenue Streams
6. Invest in Automation and Efficiency
7. Build a Brand Community
8. Scale Operations
9. Monitor and Adapt
10. Long-Term Goals
extra

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