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Business Model Innovation in the Bridal
Fashion Industry
Thinking Across Boundaries
www.dansant.co.uk
Questions
• Does business model innovation occur in the bridal
fashion industry?
- Sub question: ‘Which types of business model innovation?’
- Can Dansant propose a solution for the challenges of the
Bridal fashion industry?
Thinking Across Boundaries
www.dansant.co.uk
Business model innovation
• Business model
Representation or blueprint of a business Transaction of value/money
between company and customer -‘HOW’
• Business model innovatie
Restructuring of activities and competences to offer customer value
that breaks with the industry recipe
• Business model canvas Visual
representation of a business model (Alexander Osterwalder) 9 building
blocks
Thinking Across Boundaries
www.dansant.co.uk
Customer Benefit
• Access to inaccessible products at desirable pricing (50% to
-70% OFF)
• Wedding shopping everywhere at anytime with no
constraints
• Find excellent quality products with competitive prices
• Discover a new way of dress hunting
• Be recognized as a VIP customer and have some privilege
• Be membership of a private club
Thinking Across Boundaries
www.dansant.co.uk
Partner Benefit
• Better cashflow
• Widen their distribution network
• Acquire new customers
• Maintain and increase their revenue by direct sales channel
• Diversify their distribution strategy by direct positioning
• Have additional revenue thanks to the private online channel
• No revenue and stock loss
Thinking Across Boundaries
www.dansant.co.uk
Owner Benefit
• Low operating cost
• Large revenue sources (affiliation, commissions, auctions,
subscription …)
• Profitable business model even if an economic crisis
appeared
Thinking Across Boundaries
www.dansant.co.uk
Value Added Services (VAS)
• DS Runway-Free try on service
• Local store patners
• 1 Free exchange for size
• 0% APR monthly payment service
Thinking Across Boundaries
www.dansant.co.uk
DS Runway
Thinking Across Boundaries
www.dansant.co.uk
Order Wedding dress and
leave your UK size for try
on
Receive your package to
your home or workplace.
Try on your wedding
dresses and decide what you
want to keep
Book a free collection
if you don’t want to keep
the dress. Or pay on-
line for the dress you want
to keep
DS Runway
• No deposit or card info required (Nothing to lose)
• Deliver to house(Parents house normally),Try on party and book free
collection.
• Up to three delivery attempts
• Monday-Sunday delivery available
• Up to 2 working days
Thinking Across Boundaries
DS Runway
www.dansant.co.uk
Local partner stores
• Online appointment system
• Available in Conventry, London and Reading
• Boutique experience, affordable price
Thinking Across Boundaries
www.dansant.co.uk
1 Free exchange for size
• All Adele Laurent Wedding dresses are entitled for a FREE size
exchange.
• You can now enjoy your weight loss.
• 6 Weeks notice time required.
Thinking Across Boundaries
www.dansant.co.uk
0%APR Monthly Payment Plan
• Buy Now Pay 10 Months Later
Thinking Across Boundaries
www.dansant.co.uk
PARTNERS
Designer dress
(Adele Laurent,
Benjamin Roberts)
Local Bridal stores
Entertainment industry
(events, Disney tickets,
etc...)
Wedding Venues
travel industry (hotels,
transportation, etc...
VALUE PROPOSITION
provide customers with
High quality products
by (50% - 70%)
discounts online
Provide the suppliers
with private sales
channel of their over
stock inventory without
harming their brand
image
Strong brand name,
high security
transaction, different
products from different
industries on one
platform
CUSTOMERS
Online shoppers
Partners (gathering
data about their
targeted customers
KEY ACTIVITIES
Its a platform/ network
activities
Arranging online sales
events
Marketing the products
and services on the
website (images,
videos, trailers)
Receive products from
suppliers (partners) to
their warehouses after
closing the event
Deliver products to
end-customers
RELATIONSHIPS
Automated services
Communities
KEY RESOURCES
Physical resources
Human resources
Warehouses and
logistics system
DISTRIBUTION &
ACQUISITION CHANNELS
Dansnat.co.uk
(online platform)
Home delivery with
minimum charges
Customer service 24
H/D
Prior sales event
emails
Customer satisfaction
(survey, phone calls,
etc...)
Credit cards purchase
method
COST STRUCTURE
Cost driven structure
REVENUE STREAMS /
PRICING
Advertisings for
partners
Sales (brokerage fees
Dynamic pricing
(negotiation) for
suppliers
Product feature
dependent for buyers
Dansant Business Strategy
Business Growth
Thinking Across Boundaries
www.dansant.co.uk
24% of
sales
Growth drivers
 Strength of the designer brands
 All collections are UK Award winning designers
 The leading market position in bridal private sale
 Markets with the highest growth: UK
Successfully completed restructuring
 the highest growth of 81.0% DS runway programme
 Free exchange service up 21.2%
 Innovative product line
 Launch of Private sale
 Consumer base expansion
Cooperation with the local partner stores
24% of
sales
Breath Taking Designer Collections
Thinking Across Boundaries
Thank You
Q&A?
Thinking Across Boundaries
www.dansant.co.uk

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Dansant Bridal wedding dress new business model

  • 1. Business Model Innovation in the Bridal Fashion Industry Thinking Across Boundaries www.dansant.co.uk
  • 2. Questions • Does business model innovation occur in the bridal fashion industry? - Sub question: ‘Which types of business model innovation?’ - Can Dansant propose a solution for the challenges of the Bridal fashion industry? Thinking Across Boundaries www.dansant.co.uk
  • 3. Business model innovation • Business model Representation or blueprint of a business Transaction of value/money between company and customer -‘HOW’ • Business model innovatie Restructuring of activities and competences to offer customer value that breaks with the industry recipe • Business model canvas Visual representation of a business model (Alexander Osterwalder) 9 building blocks Thinking Across Boundaries www.dansant.co.uk
  • 4. Customer Benefit • Access to inaccessible products at desirable pricing (50% to -70% OFF) • Wedding shopping everywhere at anytime with no constraints • Find excellent quality products with competitive prices • Discover a new way of dress hunting • Be recognized as a VIP customer and have some privilege • Be membership of a private club Thinking Across Boundaries www.dansant.co.uk
  • 5. Partner Benefit • Better cashflow • Widen their distribution network • Acquire new customers • Maintain and increase their revenue by direct sales channel • Diversify their distribution strategy by direct positioning • Have additional revenue thanks to the private online channel • No revenue and stock loss Thinking Across Boundaries www.dansant.co.uk
  • 6. Owner Benefit • Low operating cost • Large revenue sources (affiliation, commissions, auctions, subscription …) • Profitable business model even if an economic crisis appeared Thinking Across Boundaries www.dansant.co.uk
  • 7. Value Added Services (VAS) • DS Runway-Free try on service • Local store patners • 1 Free exchange for size • 0% APR monthly payment service Thinking Across Boundaries www.dansant.co.uk
  • 8. DS Runway Thinking Across Boundaries www.dansant.co.uk Order Wedding dress and leave your UK size for try on Receive your package to your home or workplace. Try on your wedding dresses and decide what you want to keep Book a free collection if you don’t want to keep the dress. Or pay on- line for the dress you want to keep
  • 9. DS Runway • No deposit or card info required (Nothing to lose) • Deliver to house(Parents house normally),Try on party and book free collection. • Up to three delivery attempts • Monday-Sunday delivery available • Up to 2 working days Thinking Across Boundaries DS Runway www.dansant.co.uk
  • 10. Local partner stores • Online appointment system • Available in Conventry, London and Reading • Boutique experience, affordable price Thinking Across Boundaries www.dansant.co.uk
  • 11. 1 Free exchange for size • All Adele Laurent Wedding dresses are entitled for a FREE size exchange. • You can now enjoy your weight loss. • 6 Weeks notice time required. Thinking Across Boundaries www.dansant.co.uk
  • 12. 0%APR Monthly Payment Plan • Buy Now Pay 10 Months Later Thinking Across Boundaries www.dansant.co.uk
  • 13. PARTNERS Designer dress (Adele Laurent, Benjamin Roberts) Local Bridal stores Entertainment industry (events, Disney tickets, etc...) Wedding Venues travel industry (hotels, transportation, etc... VALUE PROPOSITION provide customers with High quality products by (50% - 70%) discounts online Provide the suppliers with private sales channel of their over stock inventory without harming their brand image Strong brand name, high security transaction, different products from different industries on one platform CUSTOMERS Online shoppers Partners (gathering data about their targeted customers KEY ACTIVITIES Its a platform/ network activities Arranging online sales events Marketing the products and services on the website (images, videos, trailers) Receive products from suppliers (partners) to their warehouses after closing the event Deliver products to end-customers RELATIONSHIPS Automated services Communities KEY RESOURCES Physical resources Human resources Warehouses and logistics system DISTRIBUTION & ACQUISITION CHANNELS Dansnat.co.uk (online platform) Home delivery with minimum charges Customer service 24 H/D Prior sales event emails Customer satisfaction (survey, phone calls, etc...) Credit cards purchase method COST STRUCTURE Cost driven structure REVENUE STREAMS / PRICING Advertisings for partners Sales (brokerage fees Dynamic pricing (negotiation) for suppliers Product feature dependent for buyers Dansant Business Strategy
  • 14. Business Growth Thinking Across Boundaries www.dansant.co.uk 24% of sales Growth drivers  Strength of the designer brands  All collections are UK Award winning designers  The leading market position in bridal private sale  Markets with the highest growth: UK Successfully completed restructuring  the highest growth of 81.0% DS runway programme  Free exchange service up 21.2%  Innovative product line  Launch of Private sale  Consumer base expansion Cooperation with the local partner stores 24% of sales
  • 15. Breath Taking Designer Collections Thinking Across Boundaries
  • 16. Thank You Q&A? Thinking Across Boundaries www.dansant.co.uk