business model

1. Who will helpyou?
KEY PARTNERS
The professional businesspartnershipsthatIwouldbe looking
to establishwouldbe withacompanywhosellsliquidlatex
calledLiquidLatex Direct.Theyhave statedthattheirliquid
latex isimporteddirectlyfromMalaysiaandtheirsupplierisa
reliable source.Theyhave alsostatedthattheyincludeno
animal productsof by-productsintheirproductsandso they
are vegan-friendly.Whenpurchasingsiliconeformybusiness
venture,Iwouldhave todo a lotof researchto ensure thatthe
supplierI'mpurchasingmyresourcesfromisan ethical source
and myvaluesare alignedwiththeirs.Smooth-Onisacompany
that offersawide range of differentbrandsthatsell skinsafe
silicone.However,itisdifficulttofindanyinformationon
where theysource theirproductsfromandwhat ingredients
are includedinthe products.
How doyou do it?
KEY ACTIVITIES
I will needtobe active onmy social
mediaplatformsasthose platformsare
goingto be my mainsource of
advertising.Iwon’thave togo outof my
wayto create poststhat will be usedfor
advertisingasIcan simplytake photosor
videosof projectsthatI’mworkingonfor
clientsaswell asshowcasingdesignsthat
I have come up with.Duringthe design
periodof workfor customers,Iwill
discusswiththemthoroughlyand
constantlysothat I am not able todivert
fromtheirvisionof the product.
What do youdo?
KEY RESOURCES
For my businesstofunctionproperly,Iwould
needthe propertechnical equipmentwhichI
alreadyhave,suchas a drawingtabletfor
designingeachcommissionpiece.Iwouldalso
needthe correcttools,lotsof practice and
efficientmethodsforcreatingthe piecesto
ensure thattheywill lastforthe customer.
What do youneed?
VALUE PROPOSITION
Concerningpractical special effectsandprostheticsthatare for
sale on online stores,theyare all veryuniformandyouknow
whatto expectwhenyoulookontheirwebsites,suchasa
genericbulletwound,scratches,scars,etc.Iwant to supplythe
creative personalitieswhoare investedinthe worldof film
creation,andmake-upwithcompletelyoriginalandfully
customSFX prosthetics.Makingitsothat my companywon't
make the same piece fordifferentcustomersensuresthatthere
isalwaysan assurance of uniqueness.Withcommissioned
work,the customerwill take the leadcreativelyatthe start as
theywill informme of eithergeneral ideathattheywantme to
make,or theycan give a detaileddescriptionof the piece they
want.
How doyou interact?
AUDIENCE RELATIONSHIPS
I wantall relationshipsthatIhave with
my customerstobe personal,andfor the
partiesinvolvedtohave a clear
understandingof whatthe otheris
wanting.If mycustomerhas givenme a
detailedexplanationof whattheywant,I
will expectthemtokeepconstant
contact withme so that theycan give me
pointsof improvementforme to make
and vice versa.
How doyou reach them?
DISTRIBUTION CHANNELS
I will use social mediaasmyplatformtoconverse
and interactwithmyaudience,andthenwill use
phone callstotalk withpayingclients. Social
mediaisa normal part of many peoples’lives,
withan approximationthatoverhalf the worlds
populationownasocial mediaaccount. Through
thisway,it wouldcostme no money at the start
of mybusiness toreachout to my target
demographicasit isn’trequiredtopayto poston
social mediaslike InstagramandFacebook –
howeverIcouldeventually begintogetmyposts
sponsored afterIhave had a fewclients soI then
have the fundsto buildmyonline presence

2. Who do youhelp?
AUDIENCE SEGMENTS
The groups that mycompanyis aimedtowards are mainlyindie
filmstudiosandmakeupartists.Knowingthatindie filmstudios
have restrictedbudgetscomparedtomuchmore famousand
largerHollywoodstudios,Iwantto be able to make highquality
SFXproducts more readilyavailable tothose withlower
budgets.Thisalsogoesformakeupartistson social media
platforms.Itcan be hard for those whoare formingtheir
careerson social mediatoget a properstandingand
partnershipswithotherpartiesorcompanies.Ensuringthatmy
productswouldbe spreadacross social mediawouldboth
boostmy profitandadvertising,aswell asthe personwhohas
purchasedmyproduct.
What will itcost?
COST STRUCTURE
Withhavingan online business,Iwould
make sure to prioritise goodinternet
connectionandto make sure that
deliveriesthatImake are made on time
and safely.If there isafragile product
that isdestroyedintransit,Iwill then
have to recreate the productwhichwill
cause me to lose twice the amountof
moneyconcerningresourcesandmy
time.I will needsufficientinsurance,
specificallyPublicLiabilityinsurance so
as to protectmy businessandmyself if
How muchwill youmake?
REVENUE STREAM
The valuesthatmy customerswouldbe paying
for whentheypurchase anyproductfromme
wouldbe mytime,the resourcesIhave usedto
construct theirorder,the qualityof the product,
and a friendlyandprofessionalrelationship
betweenme asa businessownerandthe
customerbase.The price wouldfluctuate with
theirlocationinthe world, the dimensionsof the
productthat theywant me to make for them,if
theyrequestanyspecificmaterialsforme touse,
and howlongit wouldtake me to make the
product.The customerwouldalwayspaythrough
a secure online method,suchas PayPal.