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Team X - HealthNut
        Mission
  Providing unique
nutritional information
 on local restaurant
menu items to health
  conscious eaters




                            Number of Customers Contacted:
                                         [93]

                                     Team Members




Shafik Bahou       Ivana Labovic      Richard Liang     Fernando Lopez   Andrew Padilla
WHAT WE LEARNED
Day 1-4 Summary
Hypothesis                          Result                       Takeaway

Clubs will let grad    Nope, doesn’t work that way             Restart to getting
students in for $                                              people lunch

Students want          Nope, students will change their        Pivot to getting
lunch delivered        schedules for lunch, but they would     people healthy lunch
between classes        like more healthy options               options

People want to         Healthy and specialty too. Users will   Healthy dish
discover healthy       review specific dishes over             discovery with
dishes near them       restaurants. Want nutritional info      estimated nutrition

Restaurants will       Yes, to be seen as healthy. We can      Getting traffic is the
provide estimated      gain more traction by having unique     hardest part.
nutrition info for     data – which is proven to drive         Nutrition info is high
new customers          Google traffic                          in importance
TARGET CUSTOMER - DEFINED
Target Customer
                 Health conscious eaters
• U.S. diners 18+

• No restrictions on income, ethnicity, sex
  or marital status

• Regularly eats at local restaurants

• Maintains active lifestyle (gym
  members, runners, etc.)

• “On the go” healthy eaters too busy to
  prepare healthy meals at home

• Comfortable with using and relying on
  information from social media
Day in the Life (CBS Example)
Following a grueling day of Lean LaunchPad lectures and customer
discovery, Team X decides to work through dinner to meet their deadline
the next day. Because they won’t have time to hit the gym (like they
usually do…hence their excellent physical shape), the team decides to
order some healthy food and have it delivered to Warren.

Because every second is valuable in a startup, they don’t waste time with
reading reviews on Yelp, pondering what the ingredients are on Seamless
Web or wondering why their aren’t more food options listed on Food
Spotting. Instead, they each open up the HealthNut mobile app to quickly
search for a healthy dish option.

Some team members are pickier than the others, so they spend time not
only reviewing some of the thousands of user reviews on the app but also
studying the nutritional facts available only on the HealthNut platform.
Everyone receives their healthy food shortly thereafter and the team
powers through the night to meet their deadline.
BUSINESS MODEL
Earned Media
 Bloggers




  Social
  Media




Influencers
Health Nuts Customer Relationships
                $0.00 CPA*                        $0.04 per unique
                             Updated Restaurant
                              Nutrition Content

                              Health Education
                                  Content
                                                            Referrals and
                                                            Affiliate Sales
                                                            • Featured
Earned Media                                                  Restaurants
• Viral Marketing                                           • Advertisements
• Google Search                                               (Gyms, Health
                              User-Generated                  Products)
                               Reviews and                  • Affiliate sales to
                                 Content                      Seamless Web




 * Cost Per Acquisition
Health Nuts Revenues
                Bloggers, Influencers, Articles, Social Media, Google
                                       Search




                              Number of Users                    Revenue per
                                                                    User
Unique
Impressions
                                    1MM                             $0.003
Order Food
through
                 10.0%
                 conversion         100K                                $0.12
Seamless
                       2.5%
Click-through
on Ads
                       conversion   25K                                 $1.00

                                                                   $40,000
User Experience
             Enter search terms:
Step 1
             Chicken



         Step 2                           Step 3

                        $12.99      Click to Order:


                        $10.50




                        $11.25
                                      User Review 1

                                      User Review 2
                        $13.75

                                      User Review 3
BUSINESS CANVAS AND NEXT STEPS
Day 5 Canvas                                                  HealthNut
                                                                                                                      Richard Liang
                                                                                                                      Andrew Padilla
                                                                                                                      Fernando Lopez
                                                                                                                                        Shafik Bahou
                                                                                                                                        Ivana Labovic
                                                                                                                                                        28 8 2012

                                                                                                                                                              3



                                                                                                   Google search
                              Build Engaging Platform                Unique nutritional            Viral marketing                           Health nuts
     Bloggers                                                       information for local    (bloggers, influencers, articl
                             Maintain up to date restaurant                                                                            Health conscious people
                                      information                 restaurant food menus                   es)
                                 Attract users & sell                                               Social media
                                    ads/referrals               Crowd-sourced healthy dish
                                                                 review recommendations         Articles in food blogs                      Picky eaters
                                  Refer to affiliates
                                                                                                 Guerilla marketing                       Healthy “on the go”
 Health/Food Gurus             Properly incentivize good
                                                                                                                                                eaters
                                  recommendations                 Restaurant meal search          Google Adwords
                             Attract venue participation                  engine
                              to disclose menu details                                               Direct Sales                                Foodies
                                                                  Individual meal detail –                                                  College Students
  Seamless Web                                                      photos, ingredients
                                                                                                                                               Health Nuts
                                                                  Rewards for Reviewers
                               Mobile Application
                                                                                               Mobile Application
    Restaurants                 Recommendation
                               referral redemption                Word of mouth referrals                                                Ad Agencies (health
                                 Engineering/API                                                                                              targeted)

                                 Mechanical Turk                New Targeted customers in                Web
 Mechanical Turk /                                                                                                                        Local restaurants
                                                                     health segment
    MenuCalc                      Product design


                                                                                                Affiliate Marketing
                                                                                                    (Seamless)                Advertising Sales
                  Design                                                                              GrubHub
                  Content                        Engineering
                  Creation
                                                                                                 Data & analytics             Featured Listings
Next Steps…
• Test ability to generate users
  through keyword searches

• Validate effectiveness of viral
  marketing strategies

• Test web/mobile interface
  model options based on user
  feedback

• Meet with key partners
APPENDIX
Designed for:                                                                  Designed by:                                       On:     dd/mm/yyyy
                                                                                                                                                                                                                                  8/24/12
The Business Model Canvas
Day 1                                                                                    underGradLife
                                                                                         Lean Launchpad - Fall 2012 Block
                                                                                                                                                                        Bahou, Labovic, Liang,
                                                                                                                                                                        Lopez, Padilla                                           Plan - RL
                                                                                                                                                                                                                           Iteration #



 Key Partners                                  Key Activities                                   Value Propositions                             Customer Relationships                                     Customer Segments
                                                                                               What value do we deliver to the customer?      What type of relationship does each of our Customer         For whom are we creating value?
 Who are our Key Partners?                     What Key Activities do our Value                                                               Segments expect us to establish and maintain with
 Who are our key suppliers?                    Propositions require?                           Which one of our customer’s problems are we                                                                Who are our most important customers?
                                                                                               helping to solve?                              them?
 Which Key Resources are we acquiring          Our Distribution Channels?                                                                     Which ones have we established?
 from partners?                                Customer Relationships?                         What bundles of products and services are we
                                                                                               offering to each Customer Segment?             How are they integrated with the rest of our business
 Which Key Activities do partners perform?     Revenue streams?                                                                               model?
                                                                                               Which customer needs are we satisfying?
                                                                                                                                              How costly are they?
 Text                                                                                          Text                                                                                                        Text
                                               Text                                                                                           Text
                                                                                                             skip the line
                                                       - app needs to let                            know if the venue will let
                                                                                                                                                     - students expect to be let in when they
                                                                                                                                                                       pay
                                                   venues set availability,                                     them in                             - venues expect a crowd that spends and                      graduate students
                                                     time, price then get                            willing to pay for certainty                             doesn't cause trouble
        TO USE THIS                                                                                        with their friends
                                                    printout of purchases                                                                           - not costly to maintain these relationships
         TEMPLATE:                                - allow user to purchase,
                                                                                                                                                        if the venue chooses the # of spots
                                                                                                    offering ability to prepay for                          available before a certain time
         Visit and click
         - club owners                                    and redeem                                entry before a certain time -
                                                                                                                                                    - we have the grad school network, so will
                                                                                                                                                       need them to have a ".edu" - if they're
    'Use this template'
       - graduate school                                                                             essentially buying a ticket                            underage, we still charge them
        groups & alumni
          https://docs.                                                                              to ensure they can get in
             google.
    - venues' availability
        com/a/weboo.                                                                                                                           Channels
                                               Key Resources
                list
     biz/previewtempla                                                                                    - ADDITIONAL, HIGH
                                                                                                                                              Through which Channels do our Customer Segments
      - venues providing                       What Key Resources do our Value Propositions              QUALITY, customers at                want to be reached?
               te?                             require?
                                                                                                          specific time intervals             How are we reaching them now?
           admission                           Our Distribution Channels? Customer
                                                                                                           - attracting the "right"           How are our Channels integrated?
     id=102mOZQmM
   - grad students willing
                                               Relationships?
                                                                                                                                              Which ones work best?
                                               Revenue Streams?                                                     crowd                     Which ones are most cost-efficient?
   toxs0CslmNsPZ5K
       spend money to get                                                                                                                     How are we integrating them with customer routines?                          venues
     CNQwAIh9rh4ba
                 in                            Text                                                       offering ability to:
                                                     - need to have buy-in from                         - attract segments of                 Text
    YgT0VWNAA&mo                                      clubs & exclusive venues                       customers to their venue                                - students expect mobile
           de=public                                 - hopefully setup favorable                      at specific times (what if                      - people use their phones to check out
                                                                                                                                                                    where to go
                                                                 pricing                             we classified everyone by
                                                     - coordination with student                       verified education and                          - venues expect pen and paper (we can
                                                                 groups                                                                               integrate with facebook to prevent fraud)
                                                                                                       profession, kind of like                    - pen and paper is the easiest - we can even
                                                        - coordinate with venue                                LinkedIn)                                     limit purchase to 9PM latest
                                                               managers                               - make their customers                       - bouncers already check "guestlist" for entry
                                                       - commission from sales                          prepay for entry and
                                                                                                                 drinks


 Cost Structure                                                                                                           Revenue Streams
 What are the most important costs inherent in our business model?                                             Text       For what value are our customers really willing to pay?                                          venue                 Text
 Which Key Resources are most expensive?                                                                                  For what do they currently pay?                                                - bringing new customers to the venue
 Which Key Activities are most expensive?                                             - technology                        How are they currently paying?
                                                                                                                          How would they prefer to pay?
                                                                                                                                                                                                              - $10 per head, for promoters
                                                                                                                                                                                                                     - % of spending
                                                                                       - marketing                        How much does each Revenue Stream contribute to overall revenues?                              customer
                                                                                                                                                                                                      - $20 to get into a club, more to skip the line
                                                                                                                                                                                                                          after 12




www.businessmodelgeneration.com
Designed for:                                                                   Designed by:                                       On:     dd/mm/yyyy
                                                                                                                                                                                                                                   8/24/12
The Business Model Canvas                                                                underGradLife                                                                   Bahou, Labovic, Liang,
 Day 2 Canvas                                                                            Lean Launchpad - Fall 2012 Block                                                Lopez, Padilla                                           Plan - RL
                                                                                                                                                                                                                            Iteration #



 Key Partners                               Key Activities
                                        Key Activities                                          Value Propositions                              Customer Relationships                                     Customer Segments
                                                                                               What value do we deliver to the customer?       What type of relationship does each of our Customer         For whom are we creating value?
 Who are our Key Partners?                     What Key Activities do our Value                                                                Segments expect us to establish and maintain with
 Who are our key suppliers?                    Propositions require?                           Which one of our customer’s problems are we                                                                 Who are our most important customers?
                                                                                               helping to solve?                               them?
 Which Key Resources are we acquiring          Our Distribution Channels?
 from partners?                         - Coordinate
                                               Customer Relationships?                         What bundles of products and services are we    Which ones have we established?
                                                                                                                                               How are they integrated with the rest of our business
 Which Key Activities do partners perform?     Revenue streams?                                offering to each Customer Segment?
                                        delivery time                                          Which customer needs are we satisfying?         model?
                                                                                                                                               How costly are they?
 Text                                   for restaurants
                                              Text
                                                                                               Text
                                                                                                                                               Text
                                                                                                                                                                                                            Text
                                        - Coordinate orders to let
                                                   - app needs
                                                                                                             skip the line
                                                                                                                                                            - Reliable
                                                                                                                                                      - students expect to be let in when they
                                                                                                     know if the venue will let
                                        for students set availability,
                                                venues                                                          them in                                     - affordable
                                                                                                                                                                        pay
                                                                                                                                                     - venues expect a crowd that spends and                      graduate students
                                                     time, price then get                            willinggood,for certainty
                                                                                                          - to pay cheap                                       doesn't cause trouble
         TO USE THIS                                                                                       with their friends
                                                    printout of purchases                                 food between                               - not costly to maintain these relationships
          TEMPLATE:                               - allow user to purchase,
                                                                                                                                                         if the venue chooses the # of spots
                                                                                                                                                             available before a certain time
          Visit and click
          - club owners                                  and redeem                                       classes
                                                                                                    offering ability to prepay for
                                                                                                                                                     - we have the grad school network, so will
                                                                                                    entry before a certain time -                       need them to have a ".edu" - if they're
     'Use this template'
        - graduate school                                                                            essentially buying a ticket                             underage, we still charge them
         groups & alumni
           https://docs.                                                                             to ensure they can get in
              google.
     - venues' availability
         com/a/weboo.                                                                                                                           Channels
                                               Key Resources
                 list                                                                                     - ADDITIONAL, HIGH
      - Restaurants near
     biz/previewtempla                         What Key Resources do our Value Propositions              QUALITY, customers at
                                                                                                                                               Through which Channels do our Customer Segments
       - venues providing                                                                                                                      want to be reached?
      schoolste?
            admission
                                               require?
                                               Our Distribution Channels? Customer
                                                                                                          specific time intervals              How are we reaching them now?
                                                                                                                                               How are our Channels integrated?
      id=102mOZQmM                             Relationships?                                              - attracting the "right"
   - - A delivery every
      grad students willing                    Revenue Streams?                                                     crowd
                                                                                                                                               Which ones work best?
                                                                                                                                               Which ones are most cost-efficient?
      xs0CslmNsPZ5K
   to90 minutes to get
        spend money                                                                                      Stable recurring                      How are we integrating them with customer routines?                          venues
      CNQwAIh9rh4ba                            Text
                  in                                 - need to have buy-in from                          businessability to:of
                                                                                                            offering
                                                                                                          - attract segments                   Text
     YgT0VWNAA&mo                                     clubs & exclusive venues                       customers to their venue                                 - students expect mobile
            de=public                                - hopefully setup favorable                      at specific times (what if                       - people use their phones to check out
                                                                 pricing                              better delivery
                                                                                                     we classified everyone by
                                                                                                                                                                     where to go

                                                     - coordination with student                      management and
                                                                                                       verified education                               - venues expect pen and paper (we can
                                                                                                                                                       integrate with facebook to prevent fraud)
                                                                                                                                                                                                                    Neighborhood
                                                                 groups                                profession, kind of like                              OSA
                                                                                                                                                    - pen and paper is the easiest - we can even
                                                                                                                                                                                                                    restaurants
                                                        - coordinate with venue                               LinkedIn)                                       limit purchase to 9PM latest
                                                               managers                               - make their customers                                 restaurants
                                                                                                                                                    - bouncers already check "guestlist" for entry
                                                       - commission from sales                          prepay for entry and                                 dining halls
              - Group buying                                                                                    drinks
                                                                                                                                                             web/mobile
              power
 Cost StructureReliable partners
              -                                                                                                           Revenue Streamsposters
 What are the most important costs inherent in our business model?                                             Text                                          flyers
                                                                                                                          For what value are our customers really willing to pay?                                           venue                 Text
 Which Key Resources are most expensive?                                                                                  For what do they currently pay?                                                 - bringing new customers to the venue
 Which Key Activities are most expensive?                                             - technology                        How are they currently paying?
                                                                                                                          How would they prefer to pay?
                                                                                                                                                                                                               - $10 per head, for promoters
                                                                                                                                                                                                                      - % of spending
                                                                                       - marketing                        How much does each Revenue Stream contribute to overall revenues?                               customer
                                                                                                                                                                                                       - $20 to get into a club, more to skip the line
                                                                                                                                                                                                                           after 12




www.businessmodelgeneration.com
Day 3 Canvas                                         HealthNut
                                                                                             Richard Liang
                                                                                             Andrew Padilla
                                                                                             Fernando Lopez
                                                                                                              Shafik Bahou
                                                                                                              Ivana Labovic
                                                                                                                                28 8 2012

                                                                                                                                   3




                        Coordinate operations with                          User generated
                             restaurants Build                                 content                                Dieters
   Restaurants          Engaging Platform
                                                        Good, cheap food
    Bloggers
                             Properly                   between classes     Affiliate referral                     Health nuts
                         incentivize good                 Community          relationships
                        recommendations
  Fitness forums
                                                        Recommendations                                           Restaurants



  Local venues         Group buying power                   Rewards for                                                Gyms
                                                                            Health Venues
                           Mobile App                     recommenders
                        Recommendation
  Team Based           referral redemption                Better delivery
                                                                                                                   Supplement
  Organizations                                           management              Web                                Sales
                          Product design                    Referrals


                                        Business                                     Referrals from venues
                   Marketing
                                       Development
                                                                                        Data & analytics
                    Design             Engineering
                                                                                                 Gifting
Day 4 Canvas                                           HealthNut
                                                                                                                Richard Liang
                                                                                                                Andrew Padilla
                                                                                                                Fernando Lopez
                                                                                                                                 Shafik Bahou
                                                                                                                                 Ivana Labovic
                                                                                                                                                   28 8 2012

                                                                                                                                                      3



                         Coordinate operations with
                         restaurants Build Engaging
                                  Platform                Restaurant meal search      Guerilla Mktg – flyers, word
                                                                  engine              of mouth                                       Picky eaters
                                                                                      Social Media
    Restaurants               Maintain up to date                                     Google Adwords
                            restaurant information                                    PR- articles in Food blogs
     Bloggers                                              Individual meal detail –
                                                             photos, ingredients                                                      Health nuts
                           Properly incentivize good                                         Direct Sales
                              recommendations

 Health/Food Gurus                                         Recommendations –
                                                           healthy dish reviews                                                          Foodies



   Restaurants                                            Rewards for Reviewers
                         Group buying power                                                  Web/ App
                             Mobile App
                                                            Word of mouth                                                             Restaurants
                          Recommendation
                                                              Referrals
                         referral redemption
  Mechanical Turk                                                                                Web
                            Product design                 New Customers


                                                                                                 Advertising sales/ Featured
                                          Business                                               Restaurants/ Sponsorships
                     Marketing
                                         Development
                                                                                         Affiliate Marketing – Seamless/ GrubHub
                      Design              Engineering
                                                                                                          Data & analytics

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Team x health nut day 5 - final

  • 1. Team X - HealthNut Mission Providing unique nutritional information on local restaurant menu items to health conscious eaters Number of Customers Contacted: [93] Team Members Shafik Bahou Ivana Labovic Richard Liang Fernando Lopez Andrew Padilla
  • 3. Day 1-4 Summary Hypothesis Result Takeaway Clubs will let grad Nope, doesn’t work that way Restart to getting students in for $ people lunch Students want Nope, students will change their Pivot to getting lunch delivered schedules for lunch, but they would people healthy lunch between classes like more healthy options options People want to Healthy and specialty too. Users will Healthy dish discover healthy review specific dishes over discovery with dishes near them restaurants. Want nutritional info estimated nutrition Restaurants will Yes, to be seen as healthy. We can Getting traffic is the provide estimated gain more traction by having unique hardest part. nutrition info for data – which is proven to drive Nutrition info is high new customers Google traffic in importance
  • 5. Target Customer Health conscious eaters • U.S. diners 18+ • No restrictions on income, ethnicity, sex or marital status • Regularly eats at local restaurants • Maintains active lifestyle (gym members, runners, etc.) • “On the go” healthy eaters too busy to prepare healthy meals at home • Comfortable with using and relying on information from social media
  • 6. Day in the Life (CBS Example) Following a grueling day of Lean LaunchPad lectures and customer discovery, Team X decides to work through dinner to meet their deadline the next day. Because they won’t have time to hit the gym (like they usually do…hence their excellent physical shape), the team decides to order some healthy food and have it delivered to Warren. Because every second is valuable in a startup, they don’t waste time with reading reviews on Yelp, pondering what the ingredients are on Seamless Web or wondering why their aren’t more food options listed on Food Spotting. Instead, they each open up the HealthNut mobile app to quickly search for a healthy dish option. Some team members are pickier than the others, so they spend time not only reviewing some of the thousands of user reviews on the app but also studying the nutritional facts available only on the HealthNut platform. Everyone receives their healthy food shortly thereafter and the team powers through the night to meet their deadline.
  • 8. Earned Media Bloggers Social Media Influencers
  • 9. Health Nuts Customer Relationships $0.00 CPA* $0.04 per unique Updated Restaurant Nutrition Content Health Education Content Referrals and Affiliate Sales • Featured Earned Media Restaurants • Viral Marketing • Advertisements • Google Search (Gyms, Health User-Generated Products) Reviews and • Affiliate sales to Content Seamless Web * Cost Per Acquisition
  • 10. Health Nuts Revenues Bloggers, Influencers, Articles, Social Media, Google Search Number of Users Revenue per User Unique Impressions 1MM $0.003 Order Food through 10.0% conversion 100K $0.12 Seamless 2.5% Click-through on Ads conversion 25K $1.00 $40,000
  • 11. User Experience Enter search terms: Step 1 Chicken Step 2 Step 3 $12.99 Click to Order: $10.50 $11.25 User Review 1 User Review 2 $13.75 User Review 3
  • 12. BUSINESS CANVAS AND NEXT STEPS
  • 13. Day 5 Canvas HealthNut Richard Liang Andrew Padilla Fernando Lopez Shafik Bahou Ivana Labovic 28 8 2012 3 Google search Build Engaging Platform Unique nutritional Viral marketing Health nuts Bloggers information for local (bloggers, influencers, articl Maintain up to date restaurant Health conscious people information restaurant food menus es) Attract users & sell Social media ads/referrals Crowd-sourced healthy dish review recommendations Articles in food blogs Picky eaters Refer to affiliates Guerilla marketing Healthy “on the go” Health/Food Gurus Properly incentivize good eaters recommendations Restaurant meal search Google Adwords Attract venue participation engine to disclose menu details Direct Sales Foodies Individual meal detail – College Students Seamless Web photos, ingredients Health Nuts Rewards for Reviewers Mobile Application Mobile Application Restaurants Recommendation referral redemption Word of mouth referrals Ad Agencies (health Engineering/API targeted) Mechanical Turk New Targeted customers in Web Mechanical Turk / Local restaurants health segment MenuCalc Product design Affiliate Marketing (Seamless) Advertising Sales Design GrubHub Content Engineering Creation Data & analytics Featured Listings
  • 14. Next Steps… • Test ability to generate users through keyword searches • Validate effectiveness of viral marketing strategies • Test web/mobile interface model options based on user feedback • Meet with key partners
  • 16. Designed for: Designed by: On: dd/mm/yyyy 8/24/12 The Business Model Canvas Day 1 underGradLife Lean Launchpad - Fall 2012 Block Bahou, Labovic, Liang, Lopez, Padilla Plan - RL Iteration # Key Partners Key Activities Value Propositions Customer Relationships Customer Segments What value do we deliver to the customer? What type of relationship does each of our Customer For whom are we creating value? Who are our Key Partners? What Key Activities do our Value Segments expect us to establish and maintain with Who are our key suppliers? Propositions require? Which one of our customer’s problems are we Who are our most important customers? helping to solve? them? Which Key Resources are we acquiring Our Distribution Channels? Which ones have we established? from partners? Customer Relationships? What bundles of products and services are we offering to each Customer Segment? How are they integrated with the rest of our business Which Key Activities do partners perform? Revenue streams? model? Which customer needs are we satisfying? How costly are they? Text Text Text Text Text skip the line - app needs to let know if the venue will let - students expect to be let in when they pay venues set availability, them in - venues expect a crowd that spends and graduate students time, price then get willing to pay for certainty doesn't cause trouble TO USE THIS with their friends printout of purchases - not costly to maintain these relationships TEMPLATE: - allow user to purchase, if the venue chooses the # of spots offering ability to prepay for available before a certain time Visit and click - club owners and redeem entry before a certain time - - we have the grad school network, so will need them to have a ".edu" - if they're 'Use this template' - graduate school essentially buying a ticket underage, we still charge them groups & alumni https://docs. to ensure they can get in google. - venues' availability com/a/weboo. Channels Key Resources list biz/previewtempla - ADDITIONAL, HIGH Through which Channels do our Customer Segments - venues providing What Key Resources do our Value Propositions QUALITY, customers at want to be reached? te? require? specific time intervals How are we reaching them now? admission Our Distribution Channels? Customer - attracting the "right" How are our Channels integrated? id=102mOZQmM - grad students willing Relationships? Which ones work best? Revenue Streams? crowd Which ones are most cost-efficient? toxs0CslmNsPZ5K spend money to get How are we integrating them with customer routines? venues CNQwAIh9rh4ba in Text offering ability to: - need to have buy-in from - attract segments of Text YgT0VWNAA&mo clubs & exclusive venues customers to their venue - students expect mobile de=public - hopefully setup favorable at specific times (what if - people use their phones to check out where to go pricing we classified everyone by - coordination with student verified education and - venues expect pen and paper (we can groups integrate with facebook to prevent fraud) profession, kind of like - pen and paper is the easiest - we can even - coordinate with venue LinkedIn) limit purchase to 9PM latest managers - make their customers - bouncers already check "guestlist" for entry - commission from sales prepay for entry and drinks Cost Structure Revenue Streams What are the most important costs inherent in our business model? Text For what value are our customers really willing to pay? venue Text Which Key Resources are most expensive? For what do they currently pay? - bringing new customers to the venue Which Key Activities are most expensive? - technology How are they currently paying? How would they prefer to pay? - $10 per head, for promoters - % of spending - marketing How much does each Revenue Stream contribute to overall revenues? customer - $20 to get into a club, more to skip the line after 12 www.businessmodelgeneration.com
  • 17. Designed for: Designed by: On: dd/mm/yyyy 8/24/12 The Business Model Canvas underGradLife Bahou, Labovic, Liang, Day 2 Canvas Lean Launchpad - Fall 2012 Block Lopez, Padilla Plan - RL Iteration # Key Partners Key Activities Key Activities Value Propositions Customer Relationships Customer Segments What value do we deliver to the customer? What type of relationship does each of our Customer For whom are we creating value? Who are our Key Partners? What Key Activities do our Value Segments expect us to establish and maintain with Who are our key suppliers? Propositions require? Which one of our customer’s problems are we Who are our most important customers? helping to solve? them? Which Key Resources are we acquiring Our Distribution Channels? from partners? - Coordinate Customer Relationships? What bundles of products and services are we Which ones have we established? How are they integrated with the rest of our business Which Key Activities do partners perform? Revenue streams? offering to each Customer Segment? delivery time Which customer needs are we satisfying? model? How costly are they? Text for restaurants Text Text Text Text - Coordinate orders to let - app needs skip the line - Reliable - students expect to be let in when they know if the venue will let for students set availability, venues them in - affordable pay - venues expect a crowd that spends and graduate students time, price then get willinggood,for certainty - to pay cheap doesn't cause trouble TO USE THIS with their friends printout of purchases food between - not costly to maintain these relationships TEMPLATE: - allow user to purchase, if the venue chooses the # of spots available before a certain time Visit and click - club owners and redeem classes offering ability to prepay for - we have the grad school network, so will entry before a certain time - need them to have a ".edu" - if they're 'Use this template' - graduate school essentially buying a ticket underage, we still charge them groups & alumni https://docs. to ensure they can get in google. - venues' availability com/a/weboo. Channels Key Resources list - ADDITIONAL, HIGH - Restaurants near biz/previewtempla What Key Resources do our Value Propositions QUALITY, customers at Through which Channels do our Customer Segments - venues providing want to be reached? schoolste? admission require? Our Distribution Channels? Customer specific time intervals How are we reaching them now? How are our Channels integrated? id=102mOZQmM Relationships? - attracting the "right" - - A delivery every grad students willing Revenue Streams? crowd Which ones work best? Which ones are most cost-efficient? xs0CslmNsPZ5K to90 minutes to get spend money Stable recurring How are we integrating them with customer routines? venues CNQwAIh9rh4ba Text in - need to have buy-in from businessability to:of offering - attract segments Text YgT0VWNAA&mo clubs & exclusive venues customers to their venue - students expect mobile de=public - hopefully setup favorable at specific times (what if - people use their phones to check out pricing better delivery we classified everyone by where to go - coordination with student management and verified education - venues expect pen and paper (we can integrate with facebook to prevent fraud) Neighborhood groups profession, kind of like OSA - pen and paper is the easiest - we can even restaurants - coordinate with venue LinkedIn) limit purchase to 9PM latest managers - make their customers restaurants - bouncers already check "guestlist" for entry - commission from sales prepay for entry and dining halls - Group buying drinks web/mobile power Cost StructureReliable partners - Revenue Streamsposters What are the most important costs inherent in our business model? Text flyers For what value are our customers really willing to pay? venue Text Which Key Resources are most expensive? For what do they currently pay? - bringing new customers to the venue Which Key Activities are most expensive? - technology How are they currently paying? How would they prefer to pay? - $10 per head, for promoters - % of spending - marketing How much does each Revenue Stream contribute to overall revenues? customer - $20 to get into a club, more to skip the line after 12 www.businessmodelgeneration.com
  • 18. Day 3 Canvas HealthNut Richard Liang Andrew Padilla Fernando Lopez Shafik Bahou Ivana Labovic 28 8 2012 3 Coordinate operations with User generated restaurants Build content Dieters Restaurants Engaging Platform Good, cheap food Bloggers Properly between classes Affiliate referral Health nuts incentivize good Community relationships recommendations Fitness forums Recommendations Restaurants Local venues Group buying power Rewards for Gyms Health Venues Mobile App recommenders Recommendation Team Based referral redemption Better delivery Supplement Organizations management Web Sales Product design Referrals Business Referrals from venues Marketing Development Data & analytics Design Engineering Gifting
  • 19. Day 4 Canvas HealthNut Richard Liang Andrew Padilla Fernando Lopez Shafik Bahou Ivana Labovic 28 8 2012 3 Coordinate operations with restaurants Build Engaging Platform Restaurant meal search Guerilla Mktg – flyers, word engine of mouth Picky eaters Social Media Restaurants Maintain up to date Google Adwords restaurant information PR- articles in Food blogs Bloggers Individual meal detail – photos, ingredients Health nuts Properly incentivize good Direct Sales recommendations Health/Food Gurus Recommendations – healthy dish reviews Foodies Restaurants Rewards for Reviewers Group buying power Web/ App Mobile App Word of mouth Restaurants Recommendation Referrals referral redemption Mechanical Turk Web Product design New Customers Advertising sales/ Featured Business Restaurants/ Sponsorships Marketing Development Affiliate Marketing – Seamless/ GrubHub Design Engineering Data & analytics