This document outlines a business model for an RFID-based vehicle identification system that provides long range RFID reading up to 9 meters, eliminates fake stickers, and allows for easy access of vehicle information logs. The system targets hospitals, government agencies, businesses, universities and other organizations as customers. Key activities involve pitching the system to investors and customers and researching improvements. Revenue is generated through subscription fees, direct sales, and system updates/upgrades/troubleshooting. Initial costs include RFID readers, installation materials, and stands totaling around 15,701 PHP.
2. Value Proposition
Long range reading up to 9 meters
Eliminates fake stickers
Easy access of information logs to vehicles
that are entering the institution
3. Customer Segments
Hospitals
MMDA
Subdivisions
Parking Spaces in Malls
Big companies and factories
Banks
Universities
4. Customer Relationships
Online feedbacks and forum (ways to
improve the system)
Door to door troubleshooting
Manual for the system
5. Channels
Company service delivery to the location
accompanied by the installation team
Cargo transport via air and sea
6. Key partners
RFID suppliers
Institution where the system will be
installed
7. Key Resources
RFID experts
Programmers
Computer System
Database
System Interface
RFID reader
8. Key Activities
Practice how to pitch the system to
investors and customers
Research on how to improve the finished
system
9. Revenue Streams
Fee Subscription
Direct selling
Buy and sell
System Updates and Upgrades
Troubleshooting
10. Cost Structure
RFID long range reader – 15,156php
Bolts and screws for the mount – 145php
RFID stand – 400php
Total – 15,701 php
