NESTA business model canvas - Jody Ip Flipbook PDF

NESTA business model canvas - Jody Ip

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BUSINESS MODEL CANVAS Who will help you? KEY PARTNERS

Key partners that will be needed within this operation would include companies such as suppliers of different musical samples that could be used within my business e.g. drums. The most important motivators for this partnership will be the use of their product as the more I would use their product the more I show its capabilities for newer functions as shown within a BTS of the project creation.

Develop your idea or scale it up

How do you do it?

What do you do?

How do you interact?

KEY ACTIVITIES

VALUE PROPOSITION

AUDIENCE RELATIONSHIPS

The products will be sold on a website created by the company meaning that the product can be previewed or other products showing the customers what type of music we create/sell.

My core value to my audience is to capture them within the music and show a sense of feeling through the music either physically or mentally. The needs that I am satisfying will be more uplifting sense through my music either by the tempo of the tracks or sensation of the song.

Who do you help?

The relationship my target audience expects us to establish is the connection within the music as the music must be consistent to create a connection to the audience

What do you need?

How do you reach them?

KEY RESOURCES

DISTRIBUTION CHANNELS

Key resources needed within my value proposition is a website and a track that I can publish to get my product out their advertised on our own website.

Our company is creating a value for the house/hip-hip/pop genre and our most important audience within this company is house/hip-hop/pop.

My product will be integrated into my audience’s routines by being played on the radio, music streaming aps or even if the music comes out on CD so that they can listen to daily.

What will it cost?

How much will you make?

COST STRUCTURE

REVENUE STREAM

The most important costs will be the equipment to create the music as we will need a computer that will handle rendering and to store large files multiple at a time. A program will be needed to run the company and the equipment to record and be recorded is also needed so this includes mics instruments and talents.

AUDIENCE SEGMENTS

Depending on if the products will come onto CD or Vinyl the pricing of the CD will probably be £12 or the Vinyl £20. The pricing is due to the low popularity meaning that the product will be sold less meaning that the pricing for the item will need to be slightly over regular prices to make profit

CREATED BY: Osterwalder A, Pigneur Y, (2010) Business Model Generation

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