From the nine building blocks in Business Model Canvas, kindly give only the Value Proposition, Customer Relationship, Customer segment about a business app of recycling/sustainable clothes. Value PropositionsIdentify the core value thecompany provides to customers.What exactly is the companytrying to give to customers? Whatproblem is your company tryingto solve and what needs are yourcompany satisfying? How do youoffer something different thatsatisfies the demands of yourcustomer segments (e.g. price,quality, design, status)?Key PartnersKey ActivitiesIdentify your company's keypartners. This can consist ofimportant suppliers in yoursupply chain. What keyresources does the companyreceive from these partners?What key activities areperformed by these partners?Think about why your companyworks with these key partnersand the motivations behind them.What specific key activities arenecessary to deliver your valueproposition? What activities setyour company apart from others?Consider how your company'sunique differences in its revenuestreams, distribution channels,or customer relationships. Doyou need to procure specific nicheresources? Do you need tostreamline to keep costs andprices low?‒‒‒Key ResourcesWhat specific key resources orassets are necessary to deliveryour value proposition? Considerwhat resources your distributionchannels and revenue streamsmay require to function.Additionally, think about whatresources are needed to maintaincustomer relationships. Doesyour company require a lot ofcapital or human resources?Cost StructureIdentify the key costs in your company's business model. What are the major drivers ofcosts? How do your key activities and key resources contribute to the cost structure?How do your costs relate to your revenue streams? Are you properly utilizing economiesof scale? What proportion of costs are fixed and variable? Is your company focused on costoptimization or value?CFICustomer RelationshipsWhat type of relationship do youhave with your customers? Howdo you interact with customersand how does this differ amongstcustomer segments? Do youcommunicate frequently with yourcustomers? How much supportdoes your company provide?ChannelsHow do you deliver your valueproposition? How do you reachyour customer segments? Whatchannels are used? Consider yoursupply, distribution, marketing,and communication channels. Arethey well-integrated and costefficient? Are they utilizedeffectively?Revenue Streams.Identify the ways your value proposition generates money for your business. Does yourcompany have multiple methods of generating revenue? What is the pricing strategy for theproducts offered by your company? Through what channels do your customers pay? Doesyour company offer multiple forms of payment?Customer SegmentsIdentify who is your valueproposition targets. Who areyou creating value for? Who areyour most important customers?What are they like? What do theyneed? What do they enjoy? Whatis the customer market like? Areyou targeting a small nichecommunity or a mass market?

Question

Accepted Answer

Every business will create value for customers in terms of products and services and for…