Assignment task: Develop a business Model Analysis for Tailoring business in Johor.
Provide statistics in related to the business.
Provide references.
1. Customer Needs. What are the customer's needs? A clearly stated need should relate to an important and speci?c customers or market opportunities, supported by industry and market analysis and validation.
2. Business Model Building Blocks:
a. Customer Segments. Who are the groups of people and/or organizations your firm aims to reach and create value for with a dedicated value proposition?
b. Value Propositions - what are the bundle of products and services that create value for customer segment{s}
c. Channels - how value propositions are communicated and delivered to customer segment (5)?
d. Customer Relationships - what type of relationships will be established and maintained, how they will be acquired and retained?
e. Revenue Streams - how your firm captures value with a price that customers willing to?