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www.utm.my innovative ● entrepreneurial ● global 1
Business Model Canvas
7. Key partners 8. Key activities 1. Value propositions 4. Customer
relationships
2.Customer
segments
6. Key resources
3. Channels
9. Cost structure 5. Revenue stream
Paying guests
Surge pricing
Commission from restaurant
& tour
Other homestays
Private agencies
(tour operators)
Public agencies
(National & states
tourism organization)
Universities & institution
of higher learning
Restaurant
Handicraft sales
Official website
Social Media
Business card
Customer satisfaction
Learn about customer
Stay in regular contact
Reward loyalty
Homestay
For tourist, backpacker
Temporary
accommodation
“Village Homestay”
Customer : Tourist,
backpacker
Short stay, long stay
Tourist attraction
Capital cost
Advance booking
Housekeeping
Amenities
Asset
Interior design
Staff payment Maintenance cost
www.utm.my innovative ● entrepreneurial ● global 2
VALUE PROPOSITION
Build the homestay named “Village Homestay”
For tourist and backpacker
Provide the temporary accommodation for tourist (a house or room)
Cheaper price than hotels and resorts
Comfortable and affordable
www.utm.my innovative ● entrepreneurial ● global 3
CUSTOMER SEGMENT
Customer : Tourist (big group), backpacker (single person or
couples)
Either for short stay or long stay (during public holiday or
weekend or festive seasons)
Located at tourist attraction
www.utm.my innovative ● entrepreneurial ● global 4
CHANNEL
CHANNE
L
Our official website :
www.villagehomestay
.com
Facebook :
VillageHomestay
Instagram:
Village_Homestay
Phone number:
04-5223067 (Office)
017-5132255 (Miss
Sue)
www.utm.my innovative ● entrepreneurial ● global 5
CUSTOMER RELATIONSHIP
1) Customers satisfaction
 Build customers satisfaction to the all services that we had provided.
2) Learn about customer
The key to learn about customer is to continue the conversation after
the transaction.
3) Reward loyalty
 Make customers feel appreciated by sending a thank you note,
vouchers or other tokens.
4) Stay in regular contact with customers
 Let customers know about the up coming event
 Follow up with customers about their feedback
 Send friendly reminder about their booking details
www.utm.my innovative ● entrepreneurial ● global 6
Revenue stream
Paying guests Surge pricing
Commission from
restaurant & tour
Handicraft sales
www.utm.my innovative ● entrepreneurial ● global 7
KEY RESOURCES
Capital cost
• Share between business
partners
• Loan from bank
Asset:
• Land, houses, vans
 Interior designer
 Drivers
 Manager
www.utm.my innovative ● entrepreneurial ● global 8
Key partners
• To develop packages and enhances promotional activitiesOther homestays
• To develop packages and enhance promotional activities
Private agencies
(Tour operators)
• To seek assistance in terms of training, funding, marketing &
promotion and other technical advice
Public agencies
(National & states tourism organization)
• To develop joint program in environmental conservation &
cultural preservation
Non- Governmental Organization (NGOs)
• To seek assistance in training and technical advice
Universities & institution of higher
learning
• Food serving-packages & promotional activitiesRestaurant
www.utm.my innovative ● entrepreneurial ● global 9
KEY ACTIVITY
Homestay management:
• Advance booking
• Maintenance
Service:
• Housekeeping
Amenities:
• Swimming pool
• Cycling park
www.utm.my innovative ● entrepreneurial ● global 10
COST STRUCTURE
Most important: staff payment
Most expensive: maintenance
Fix cost: furniture
Variable cost: utilities
www.utm.my innovative ● entrepreneurial ● global 11
CONCLUSION
Brilliant idea because of high
demand due to rapid
development in tourism
industry.
www.utm.my innovative ● entrepreneurial ● global 12
THANK YOU…

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Business Model Canvas (BMC) - homestay

  • 1. www.utm.my innovative ● entrepreneurial ● global 1 Business Model Canvas 7. Key partners 8. Key activities 1. Value propositions 4. Customer relationships 2.Customer segments 6. Key resources 3. Channels 9. Cost structure 5. Revenue stream Paying guests Surge pricing Commission from restaurant & tour Other homestays Private agencies (tour operators) Public agencies (National & states tourism organization) Universities & institution of higher learning Restaurant Handicraft sales Official website Social Media Business card Customer satisfaction Learn about customer Stay in regular contact Reward loyalty Homestay For tourist, backpacker Temporary accommodation “Village Homestay” Customer : Tourist, backpacker Short stay, long stay Tourist attraction Capital cost Advance booking Housekeeping Amenities Asset Interior design Staff payment Maintenance cost
  • 2. www.utm.my innovative ● entrepreneurial ● global 2 VALUE PROPOSITION Build the homestay named “Village Homestay” For tourist and backpacker Provide the temporary accommodation for tourist (a house or room) Cheaper price than hotels and resorts Comfortable and affordable
  • 3. www.utm.my innovative ● entrepreneurial ● global 3 CUSTOMER SEGMENT Customer : Tourist (big group), backpacker (single person or couples) Either for short stay or long stay (during public holiday or weekend or festive seasons) Located at tourist attraction
  • 4. www.utm.my innovative ● entrepreneurial ● global 4 CHANNEL CHANNE L Our official website : www.villagehomestay .com Facebook : VillageHomestay Instagram: Village_Homestay Phone number: 04-5223067 (Office) 017-5132255 (Miss Sue)
  • 5. www.utm.my innovative ● entrepreneurial ● global 5 CUSTOMER RELATIONSHIP 1) Customers satisfaction  Build customers satisfaction to the all services that we had provided. 2) Learn about customer The key to learn about customer is to continue the conversation after the transaction. 3) Reward loyalty  Make customers feel appreciated by sending a thank you note, vouchers or other tokens. 4) Stay in regular contact with customers  Let customers know about the up coming event  Follow up with customers about their feedback  Send friendly reminder about their booking details
  • 6. www.utm.my innovative ● entrepreneurial ● global 6 Revenue stream Paying guests Surge pricing Commission from restaurant & tour Handicraft sales
  • 7. www.utm.my innovative ● entrepreneurial ● global 7 KEY RESOURCES Capital cost • Share between business partners • Loan from bank Asset: • Land, houses, vans  Interior designer  Drivers  Manager
  • 8. www.utm.my innovative ● entrepreneurial ● global 8 Key partners • To develop packages and enhances promotional activitiesOther homestays • To develop packages and enhance promotional activities Private agencies (Tour operators) • To seek assistance in terms of training, funding, marketing & promotion and other technical advice Public agencies (National & states tourism organization) • To develop joint program in environmental conservation & cultural preservation Non- Governmental Organization (NGOs) • To seek assistance in training and technical advice Universities & institution of higher learning • Food serving-packages & promotional activitiesRestaurant
  • 9. www.utm.my innovative ● entrepreneurial ● global 9 KEY ACTIVITY Homestay management: • Advance booking • Maintenance Service: • Housekeeping Amenities: • Swimming pool • Cycling park
  • 10. www.utm.my innovative ● entrepreneurial ● global 10 COST STRUCTURE Most important: staff payment Most expensive: maintenance Fix cost: furniture Variable cost: utilities
  • 11. www.utm.my innovative ● entrepreneurial ● global 11 CONCLUSION Brilliant idea because of high demand due to rapid development in tourism industry.
  • 12. www.utm.my innovative ● entrepreneurial ● global 12 THANK YOU…