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INNOVATION STRATEGY

Contributed by:
S.M Hasan Rizvi 18PT1-29
Rahul Upmanyu 18PT1-20
Varun Juneja 18PT1- 31
Rachin Parashar 17PT2- 34
K.Vaiyanathan 18PT1-12
VALUE PROPOSITION CANVAS

• Loyalty programs
• Procure to deliver services – • Food discounts • Faster delivery of food – last
reduce procurement costs by • Mobile app platform to order mile delivery
aggregating demand conveniently • Lower buying cost • Time to review the order –
• Consulting to restaurant chains to • Lower inventory cost • More options to order compare to choose the best
grow business • Customer insights based • Virtual tour offer at a given time
• Partnership with peripheral consulting to expand customer • Hassle free ordering experience • Increase customer base (for
brands to extend service line base • Easier remediation restaurants)
• Geolocation based service • Self servicing • Customer insights
• Real time updated reviews
• Multiple payment options

• Bridge the gap between


restaurant owners and hungry
customers • Higher dine in cost
• Reduce dine in and logistics cost • Low visibility on restaurant options
• Know before you experience – • Other customer experience unknown
read customer feedbacks and • Manual ordering through other channels
rating • Low occupancy rates at restaurants
• Price comparison

2
CONTEXT MAP CANVAS

• Growing disposable • Multiple players


• Data protection bill can incomes entering the market –
• More than 65% of restrict use of • Increase in minimum taxi aggregators to
population is under the consumer data wages ecommerce companies
age of 35 years • FSSAI passed non- • Increased tax rates - • Pricing to be the
• Low income group binding guidelines GST differentiator as
people are ordering applicable to e- discounting used as a
the most commerce food tool to capture market
• 50% internet business • No restriction order
penetration in India,
policy by competitors
rural consumers
• Newer revenue models
contributing to 40% of
– regular home meals
this base

• Technology giants • On the move delivery


• Self service kiosks • M&A of same or similar
moving into this space
• Premium food services industry players
• VR to augment user
• Health/Nutrition • Entry of foreign players
experience
recommendation • Reducing margins
• Embed with social
• Rise in food prices
media
• Novel payment options

3
TEAM CHARTER CANVAS
• Being open, support each other • Loyalty, Trust
• Good communication for good collaboration • Humor
• Weekly updates, discuss what everyone is doing • Quality
• Bottoms up approach to innovation • Knowledge sharing culture
• Being open

CEO : Deepinder • Create a profitable business


Goyal
• Creating best in class user
experience through platform
CFO : Sameer • Make services as the
Maheshwary
differentiator to build
stickiness
Global Head Sales : • Be the no. one player in
COO : Gaurav Gupta Deepinder Goyal
Rohithari Rajan
Indian market

• Disorganized
• Losing view of the
larger picture
• Negative social
media impact

• Team night out


• Camaraderie
• Clubs
4
Supply chain
owners Google
of Food
Elevating
Go
user
Global
experience

Customer Engagement
I Employee stock options • Technology giants moving into this
Information Technology space
Expansion
Leadership • Govt. regulations regd. Customer
People Create new business solutions by Organically data
Partners Create new business solutions by acquisition
ALEXANDER OSTERWALDER BUSINESS MODEL CANVAS – ZOMATO (Foodie bay)

UBER
•MANAGE NETWORK EFFECTS • CONVINIENT SELF SERVING
The clever innovation •MANAGE & UTISIE
eliminates users from •Acts as intermediary •USERS- locate restaurants,
ADVERTISING •UP TO DATE RATING AND REVIEWS
dealing with two different •DRIVE CUSTOMER EXPERIENCE
•Zomato is an platform home delivery
apps. Especially when INITIATES. •CUSTOMER ENGAGMENT ACTIVITES
customers are trying to •ENHANVE BRAND IMAGE for diners to review a
•EXPAND & DIVERSIFY •LOCAL BUSINESSES –restaurants
review, pick, and find •ACTIVE COMMUNICATION CHANNEL
the best place to dine, all in SERVICE OFFERINGS wide range of different AND CUSTOMER SUPPORT
target audiences
a smooth, simple way.
restaurants in their
• REVIEWERS ( content
LONDON PARTNERS serving area. At the
contributors)
To help expand their virtual same time, it allows
foodie restaurant owners to
presence in the European
regions. London & Partners •EMPLOYEES differentiate themselves •APPLICATION
were responsible for aiding •INFORMATION TECHNOLOGY
Zomato with: •, HIGH QUALITY DATABASE in the market place, •ZOMATO WEBSITE
•ZOMATO PLATFORM
•CONTENT CONTRIBUTERS even if they are the •FOOD PORN
OTHER BUSINESS PARTNERS
•FUNDING PARTNERS
–these are electronic owners of more than
•BRAND REPUTATION
payment companies
one restaurant.

•TECHNOLOGICAL PLATFORM STAFF


•CUSTOMER SERVICE
•COVERAGE
•HEADQUARTERS
•DELIVERY
•OFFICES
•DINING OUT
•MARKETING COST
•TICKET SALES
•TAXES
•CONSULTTION SERVICES.
•LEGAL
STORYTELLING CANVAS

Serving the best food experience Become the Google of Food!


People who love and experiment food

• People want • Powerful • Complete User • The journey • They want to


to visualize the technology experience – has just begin, come back
experience with intuitive from search to it’s not the again!
• People want UI delivery to end! • It’s a
good food at taste gourmet’s
cheaper prices delight!

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