Preview

Business Models in Digital Economy

Powerful Essays
Open Document
Open Document
3247 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Business Models in Digital Economy
RELEVANT IMAGE / PICTURE / LOGO
RELEVANT IMAGE / PICTURE / LOGO
NAME OF OUR BUSINESS / SERVICE / PRODUCT / WEBSITE
NAME OF OUR BUSINESS / SERVICE / PRODUCT / WEBSITE
A REPORT ON
A REPORT ON
BUSINESS MODELS IN DIGITAL ECONOMY
BUSINESS MODELS IN DIGITAL ECONOMY
BMDE 2 - Group 8
Submitted on: November 20th, 2012.
Value Proposition: Dishank Shah (318)
Market Segment: Maitreyee Shukla (122)
Value Chain: Aditi Mehta (208)
Target Margins: Dhanushree Mathur (410)
Competitive Strategy: Shrikant Agrawal (371) & Siddhesh Trivedi (171)
BMDE 2 - Group 8
Submitted on: November 20th, 2012.
Value Proposition: Dishank Shah (318)
Market Segment: Maitreyee Shukla (122)
Value Chain: Aditi Mehta (208)
Target Margins: Dhanushree Mathur (410)
Competitive Strategy: Shrikant Agrawal (371) & Siddhesh Trivedi (171)

Table of Contents Value Proposition 3 Market Segment 4 Purpose 4 Target Market 5 Geographic Segmentation 5 Demographic Segmentation 5 Psychographic Segmentation 7 Behavioural Segmentation 7 Value Chain 8 Cost Structure & Target Margins 12 Proposed cost structure: 12 Revenue generation models 12 Target market size 13 Breakeven analysis 15 Competitive Strategy 17 Conclusion 18 References 18

Value Proposition

We will be providing meal planning and grocery shopping services for the quick & easy preparation of the nutrition based home-made meals.
At the end of each day the question arises, “Who will cook?” or “What do I cook?” Time is limited. After a long day at work, very few people want to face the lines at the grocery store. Often the choice is to eat out, but the expense of dining out or the boredom of fast food soon becomes unappealing. So, to satisfy the need for nutritious, high-quality meals, (Ready To Serve) will be offering various packages of groceries and recipes ranging from the week’s meals to a daily meal, from customized to special meals for festivals, which will be delivered to the



References:

You May Also Find These Documents Helpful

  • Good Essays

    Using high-quality raw ingredients and classic cooking methods to create great tasting, reasonably priced meals served in minutes of placing an order.…

    • 706 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    This is a coursework for MPU-2312 Civic Consciousness & Volunteerism. We had guided by Mr. Alex to carry out a charity event to raise fund for NGO. We will organize for a food fair and the theme is Eat for a Good Cause. During the event, we will be selling Vegetarian Foods and Healthy Meals. Our main purpose for doing this event is to encourage people to have a healthy living style. The event will be held on 12 of November 2014 starting from 9am to 4pm in TARUC’s old foyer. To ensure that the event will go smoothly, we came out some volunteers to involve in the committee. On the date of the event, we will prepare various types of foods such as sandwiches, tarts and spaghetti. After doing some research and analysis,…

    • 1315 Words
    • 6 Pages
    Satisfactory Essays
  • Best Essays

    The Recipe Modifier appeals to virtually any individual that cooks at home using recipes. This product eliminates one of the major challenges of cooking with a recipe. It removes all the guessing out of cooking where measurements are concerned when dealing with a variation of serving sizes or guests. This product will require the user to enter the existing recipe and the desired number of servings. The Recipe Modifier will then make the needed calculations and modify the measurements to meet the identified serving size without changing the taste of the resulting dish.…

    • 4123 Words
    • 17 Pages
    Best Essays
  • Good Essays

    Blue Apron Case Study

    • 434 Words
    • 2 Pages

    The recipes encourage customers to try new ingredients and cooking techniques, and creates a great learning and cooking experience that strengthen family bond and promote healthy diet.…

    • 434 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    A market analysis shows that spending on meals away from home is substantial and growing. Within Arizona, 2004 sales are projected to grow 6.5% to $6.27 billon. As spending on meals away from home increases, a shift in the demand for quality and convenient options has been observed by the Economic Resource Service (ERS) of the US Department of Agriculture. They suggest that there is a trend toward meals with more variety and amenities usually associated with full-service restaurants. This trend provides a growing opportunity for a "full-service" meal provided by a professional in the convenience of the home. According to an Entrepreneur Magazine article by Paul and Sarah Edwards, today 's 24/7 lifestyle leads to busy people who love to have meals fixed for them in their own homes.…

    • 3873 Words
    • 16 Pages
    Powerful Essays
  • Good Essays

    Pre-made meals, or frozen meals are not only bad for one’s health, but they are bad for the environment. They add to the amount of waste that the food industry produces. The convincing advertisements and convenient packaging hide the harsh reality, “...behind the mouth-watering offerings lies a distasteful reality: billions of dollars' worth of food is dumped each year because of retailers' inefficiency” (The Economist, 2008). Food waste is not only produced from prepackaged foods, but also from restaurants that offer huge portion sizes which people cannot finish. Some people may get their leftovers wrapped, but the rest send their food to the trash. Decreasing portion sizes, buying organic foods locally and cooking meals at home, and buying carefully can help the waste issue in America. On top of that, decreasing waste production would help corporations, such as Walmart, or Stop & Shop, cut…

    • 992 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    The business as commerce for Wal Mart is that of trade; the exchange of products using money…

    • 407 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    As the organization is spread across the globe in most of the recreational areas and business places like airports, it have a varied variety of customers, still the menu contains the items which satisfies the customers globally of different age groups and even different cultures. As the name of the organization looks something intimidating for the customers who follow the diet plans, but the menu contains the dishes like salads with adequate nutrition supplements that too with affordable…

    • 465 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    basis for interest

    • 420 Words
    • 2 Pages

    The most important need that my product will fulfill to its customers is the need of fulfilling the urge to eat quality ethnic foods. Most families in America unfortunately don’t have time to even simple meals let alone…

    • 420 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Assignement3

    • 4885 Words
    • 20 Pages

    We will target parents who shuttle between work and home for major part of the day, a big number students and young teenager who would like to have some fresh and all natural food , with a vary variety of different culture cuisine.…

    • 4885 Words
    • 20 Pages
    Powerful Essays
  • Satisfactory Essays

    There is a local thrift store that I Frequent and their business system consisted of three main components. Every business such as the Thrift store has a business model that includes its business commerce, occupation, and organization. Business commerce is the process where goods and services are produced. Since Used clothing and furniture are the goods and the store is the provider of said goods which takes money from the customer for said items. Business occupation is the acquired skill set to provide value to others. Customer service is the acquired skill, so people will pay to have an exceptional experience. The last component of the business system is the business organization. This Thrift store is quite small and not many other in the area. It advertises in the local area and has probably only five or six employees. The business organization is the relationship that coordinates the interaction between consumers so they have a common goal. The Thrift store also has a relationship with the people that offer there old clothing as a donation. With each business the model is going to be different because they each offer a different set of goods and have a different set of skills to meet the need of the consumer. With each company that starts out they have to look at how they can offer the best service or product to bring in consumers and keep them coming back. Allowing the relationships that each business has with the consumer makes it easier for other business to see how to better themselves based on the reaction of the consumer after each visit. Recently I have noticed that the thrift store has began to raise its prices above what many people can afford so now you can see the difference in business and…

    • 307 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    One way these on-the-go moms can tame the clock, and their family’s growling stomachs, is to simplify meals by cutting back on the time spent planning and grocery shopping. Meal kit delivery services such as Blue Apron have grown in popularity and actually doubled sales from 2014 to 2015 (Chang). Some of the more popular options they offer include a bi-weekly delivery of fresh ingredients, spices, and a detailed, step-by-step recipe. This convenient box of edible goodies is delivered right to the front door complete with ice packs to keep everything chilled for several…

    • 664 Words
    • 3 Pages
    Better Essays
  • Better Essays

    Obesity

    • 1680 Words
    • 7 Pages

    In today’s society, food is typically generated around convenience of food. Many individuals or families find it hard to have a prepared meal every evening. Of course it is easier to consume a pizza from Pizza Hut or an oven baked pizza opposed to a baked lean chicken. Yes, they are both filling, but one is more convenient for a family who works and gets home at dinner time.…

    • 1680 Words
    • 7 Pages
    Better Essays
  • Good Essays

    Question 1 Develop your own menu for breakfast, lunch and dinner. a) Tabulate the menu into grouped foods plan b) Comment whether the menu is balanced or not c) What cooking methods would you use and why? d) Discuss the appearance of the menu under the headings texture and colour e) Would this menu have a high social status and why? Breakfast: Kiwi and banana smoothie/Espresso Coffee Lunch: Grilled chicken breast served with ciabatta, broccoli and squash/ espresso coffee Dinner: Roast beef with Dijon mustard served with baked potato, cabbage, carrot and raisin salads. See page 4…

    • 1277 Words
    • 6 Pages
    Good Essays
  • Good Essays

    • This book contains not only detailed instructions for preparing the cuisine of that day, but also rigid specifications for purchasing foodstuffs…

    • 738 Words
    • 3 Pages
    Good Essays