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    OVC Group8

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    Nikhil S 23
    The document summarizes a business model canvas for an online venture challenge platform targeted at university professors and students. It provides key details about partners, activities, value propositions, customer relationships, segments, resources, costs and revenue streams. The platform aims to make business education more hands-on through an e-commerce simulation challenge. Students pay a subscription fee and the platform generates revenue from this as well as from Shopify services. Assumptions are provided around desirability, feasibility and viability including that professors and students will find it useful and compelling, the online platform can handle traffic, and customer loyalty will ensure financial breakeven before competitors emerge.

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    OVC Group8

    Uploaded by

    Nikhil S 23
    22 views3 pages
    The document summarizes a business model canvas for an online venture challenge platform targeted at university professors and students. It provides key details about partners, activities, value propositions, customer relationships, segments, resources, costs and revenue streams. The platform aims to make business education more hands-on through an e-commerce simulation challenge. Students pay a subscription fee and the platform generates revenue from this as well as from Shopify services. Assumptions are provided around desirability, feasibility and viability including that professors and students will find it useful and compelling, the online platform can handle traffic, and customer loyalty will ensure financial breakeven before competitors emerge.

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    The document summarizes a business model canvas for an online venture challenge platform targeted at university professors and students. It provides key details about partners, activities, value propositions, customer relationships, segments, resources, costs and revenue streams. The platform aims to make business education more hands-on through an e-commerce simulation challenge. Students pay a subscription fee and the platform generates revenue from this as well as from Shopify services. Assumptions are provided around desirability, feasibility and viability including that professors and students will find it useful and compelling, the online platform can handle traffic, and customer loyalty will ensure financial breakeven before competitors emerge.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    22 views3 pages

    OVC Group8

    Uploaded by

    Nikhil S 23
    The document summarizes a business model canvas for an online venture challenge platform targeted at university professors and students. It provides key details about partners, activities, value propositions, customer relationships, segments, resources, costs and revenue streams. The platform aims to make business education more hands-on through an e-commerce simulation challenge. Students pay a subscription fee and the platform generates revenue from this as well as from Shopify services. Assumptions are provided around desirability, feasibility and viability including that professors and students will find it useful and compelling, the online platform can handle traffic, and customer loyalty will ensure financial breakeven before competitors emerge.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    Download as pptx, pdf, or txt
    of 3

    Group 8

    PGP/23/008 Aveek Dutta


    PGP/23/020 Dhiren Kharat
    PGP/23/033 Nikhil S
    PGP/23/045 Ritika Sharma
    PGP/23/058 Sushmita Golder
    Business Model
    Key Partners Key Activities Value Propositions Customer Customer Segment
    - Prototyping Relationships
    Key Partners - Testing and Value preposition –
    - Shopify development a)Online Venture - Personalised • Professors
    - Associations like - Influencing Challenge makes dashboard Targeting
    USABE professors and business education real - Customer services a) Entrepreneurship
    - Universities and students through e-commerce. like upgradation
    professors in B
    professors - Pitching to university b) The VentureChallenge - Well curated
    - Freelancing admins provides real time data schools
    resource library
    entrepreneurs to instructors to b) Professors
    Key Suppliers participate their teaching
    - Google Firebase student's learning entrepreneurship in
    Resources from Key Resources c) The OVC provides a Channels other programs and
    partners collaborative platform non university
    - Computing power and for students to form Online solution settings
    cloud platform teams, and then guides • Students
    - Development tools - Shopify backend them through the Marketing channels
    - Platform for - Entrepreneurs, startup process, from Direct email marketing
    collaboration personal contacts of ideation to product Referrals
    Key Activities by professors development Cold calling
    partners - Coding knowledge of Problem solved: Personal contacts
    - Conferences Caleb -Teaching hassles of
    - Technical support - Google Firebase professors
    - Consulting - Learning hassles of
    - Word of mouth students
    marketing - Platform for
    entrepreneruship

    Cost Structure Revenue Streams


    shopify’s cut, application development, web hosting, - Subscription fee by students (CA$25) per semester
    marketing to professors, customer support for both shopify and OVC
    -
    Assumptions and Additional information
    Logic Assumptions Additional information
    required to fine tune canvas
    1. Cost structure breakdown
    Desirability (market - Professors will find OVC useful and 2. Shopify share of revenue
    risk: will customers compelling. They’ll prefer it over their own
    want it ?) custom teaching techniques 3. Shopify list of tools
    - Enough students will enroll for the program accessible
    - The online platform will be user friendly

    feasibility (tech & - Online website will be capable to handle the


    implementation risk: huge traffic
    can I build/execute it?) - Customization requirements for professors
    will be minimum
    - Online solution is compatible with the host
    hardware
    Viability (financial risk: - Customer loyalty and experience will ensure
    can I earn more money breakeven before competitors take up the market
    from it than it will cost share / or becoming obsolete
    me to build?)

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