Business Model: Pay-Per-Use Model
You only need to finish part 4.3: Propose a Business Model in the guideline document. And in the other document, it has all the other parts for you to go through and ensure part 4.3 is relevant.
4.3 Propose a Business Model
Conclude this section with the business model that makes the most sense based on the information you received. Use the format provided by the business model kit to sketch your business model. Describe its key features using appropriate terminology, and briefly discuss how it relates to the insights you gained during the customer validation part.
It is understood that this will likely change during the remainder of the course, as you obtain additional information and continue your validation of suppliers, partners, or changing target audiences.
Pay-per-use model
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Pay-per-use model
The pay-per-use model is the most appropriate model for the business. The model involves charging clients based on actual usage or consumption of a product or service. In the context of the milk brand business, the model can work in different ways. Firstly, it will allow the business to offer a range of milk and dairy products that clients can purchase on a per-use basis. It will also permit customers to offer different packaging options and sizes to cater to different customer needs. Clients need different quantities with some preferring single servings while others need larger quantities. Secondly, the model will provide a price structure suitable to different clients. A pricing structure will be established based on the quantity or volume of milk or dairy products consumed....