Week 5!Souzousha
Business Plan
o Purposeo Strategieso Infrastructure o Financeso Trading practiceso Operational processes and policies
A framework that represents the core aspects of a business
Purpose
• To increase awareness of poor ergonomics
• To increase efficiency and productivity
• To promote our product that addresses and alleviates these problems
• To see every user of books and notes use this product
Business
plan
Infrastructure
Core capabilities
• Passion• Creativity• Vision of the
product• Marketing
strategies
Partner Network
Value Configuration
Explorer Solutions Pte Ltd
Value Proposition
To Companies
• To increase the general productivity and efficiency of employees
To Users
• To provide a convenient alternative when working with books and notes
• To correct poor ergonomics and improve the overall long term wellbeing of the customer
Customer
To Companies
• They will have a healthier workforce in the long run
• Greater employee satisfaction
To Users
• The more useful the buyers find the product, the higher will be the awareness for the problems associated with poor ergonomics. More people will see the use of our product.
Customer Relationship
Distribution Channels
CompaniesSchoolsLibraries
Target Customer
1st Degree
-Students- Universities- Polytechnics
Long Term
• Students- Universities- Polytechnics- JC-Secondary School-Primary Schools
• Working Adults
Cost Structure Revenue streams
Fixed cost: $10 000 for the moldSponsorshipSubsidiesInvestment
Offer
InfrastructureCore
capabilities
Partner Network
Value Configuration
Explorer Solutions Pte Ltd
Business plan
•Vision of the product•Marketing strategies•Passion•Creativity
Value Proposition
To Companies
• To increase the general productivity and efficiency of employees
To Users
• To provide a convenient alternative when working with books and notes
• To correct poor ergonomics and improve the overall long term wellbeing of the customer
Business plan
• Students- Universities- Polytechnics
Long Term
• Students- Universities- Polytechnics- JC-Secondary School-Primary Schools
• Working Adults
Customer
To Companies• They will have a healthier workforce
in the long run
To Users
• The more useful the buyers find the product, the higher will be the awareness for the problems associated with poor ergonomics. More people will see the use of our product.
• Greater employee satisfaction
Customer Relationship
Distribution Channels
CompaniesSchoolsLibraries
Target Customer
Short-Term
Business plan
FinancesCost Structure
Revenue streams
Infrastructure Customer
Fixed cost: $10 000 for the mould
Variable cost: $2 per unit Booking Venue
Sponsorship
Subsidies
Investment
Business plan
PAINRULA Postural AnalysisRULA provides a score which is indicative of the extent to which a person is at risk for injury, the higher the score the greater the risk to the individual. The table below is a listing of the mean scores for all the subjects broken down into component parts. In this way it is possible to determine what parts of the body are contributing the most to the total score.
RULA Assessment MEAN
The results indicate that it is the posture of the wrist and neck which are putting subjects at the greatest risk for injury.
Mean Upper Arm
Lower Arm
Wrist Neck Trunk Leg Final Score
1.94 2.12 2.9 3.02 1.98 1.00 3.72
Therefore, we focus on this pain. Which is…
ERGONOMICS PROBLEM!
And the worse thing is…
There is a lack of awareness of this PAIN.
This can be further supported by the chairman of ERGOSS (Ergonomics Society of Singapore), Mr Yogesh Tadwalker.
“The awareness of these issues is quite low in Singapore”
“There are no definitive Singapore guidelines for ergonomics practices in educational institutions”
• He also mentioned that the postural problem which we have indicated is indeed SERIOUS. And it’s not only faced by students but computer workers in general.
SOLUTION : Appropriate design and selection of furniture!
• Which results in us coming up with our IDEA.• The incredible bookstand!
COMPETITIVE LANDSCAPEProblems of existing products
Only able to hold thin
sheets of paper.
And those which are able to carry bothbooks and papers are…
too BULKY to carry around!
Most importantly, these products are not catered to
laptop users.
Sustainable competitive advantage
– Issue of Sustainability• Real worsening need• Partnership with manufacturer• Organizations that support ergonomics
– Selling point• Portability• Dual-function• Designed for laptop• Aesthetically pleasing
Integrated Marketing Mix
• 6Ps• Product• Positioning• Place• Price• Promotion• Passion
3 Pronged Approach• Awareness of Problem
• Promotion, Passion
• Portability• Positioning, Product
• Functionality• Price, Product
Sales Opportunities
• B to C• Peers
• B to B• Ergoss links• SMU• Institutions
Awareness Talk by ERGOSS cum Launch
EventDate and Venue to be confirmed
Prototype Design – Front View
Prototype Design – Back View
Prototype Design – Side View
Thank you!