This document outlines a business model canvas for an online education startup called Go Fast Study. Key partners would include professors, book publishers, and educational institutions. E-books would be acquired from publishers and professors would provide online classes. The value proposition is to provide quality education at low cost through online channels, solving problems of book availability and access to tutoring. Customers would be students in rural areas or with financial constraints. Revenue would come from selling low-cost e-books and offering online tutoring sessions. The model aims to address the high costs and limited access of traditional education alternatives.

1. Date: 31-AUG-2017.
Key Partners
Who are our Key
Partners?
Who are our Key
Suppliers?
Which Key Resources are
we acquiringfrom
partners?
Which Key Activitiesdo
partners perform?
• Our key partners are
proffesors andbook
publishersandvarious
educational institutions
• Are key supplier willbe
the bookpublisherswho
will provideus the E-
book which we will
uploadon our website
and the proffesor will
give online classes tothe
students(with charges).
• The key resourceswhich
we will aquirefromare
partnerwill be the E-
books anddifferentstudy
material.
• The key activity which
the partner will performis
to guide the student
towards there goal
through online tution.
Key Activities
What Key Activities do
our ValuePropositions
require?
Our Distribution
Channels?
Customer Relationships?
Revenuestreams?
• The key activities that
are value proposition
requireis to provide best
and quality education in
low cost which wouldbe
very easy to access
though onlinechannels.
• Our distribution channel
will be through our
website.
• The revenue willbe
generatedthrough selling
of E-books we will
purchase E-bookwith the
publishersandwillsellit
though it will be oflow
cost but e-bookwillnot
requireany printingand
other costtherefore we
will earn a good profit
and therewill bea fixed
commission on online
tution.
Value Proposition
What value dowedeliver
to the customer?
Which oneof our
customer’s problems are
we helping tosolve?
Which customerneeds
are we satisfying?
• The value will be
created by givingbest
education by payingless
and it willbe more
convenient.
• The problemweare
solvingis there are many
book which are some
times nor availablein the
marker or are very costly
we will makeit available
onlineand thereare
studentswholive in
hostel so they will be able
to take online tution
through webcam.
• The customers who are
not so financially well to
do will be satisfiedby this
becausethey can access
books with low price and
the customers wholive in
hostel orin ruler area
need will be satisfied
becausethey can take
onlinetution fromwell
experiencedteachers.
Customer
Relationships
What type ofrelationship
does each ofour
Customer
Segmentsexpectus to
establish andmaintain
with them?
• Everybody want good
quality education andour
main moto is to provide
best education the
maintenanceof quality
will developour customer
relationship.
Customer
Segments
For whomare wecreating
value?
Who are our most
important customers?
• We are creating value
for the students who live
in rural areas or arenot
so financially well.
• Are most important
customersare the
studentsfromhostels and
rural area andstudents
who’s financial conditions
are not good.

2. Date: 31-AUG-2017.
The Business Model Canvas
Company name – Go fast study
1. What is your business model idea?
The business model idea is to give online education to the students how live in
hostels and rural areas because the don’t have access to tution so they will be able
to take online tution through webcam and they will be charged for that. We will also
provide free e-books who will opt for online tution classes and others will be
charged.
2. What customer problems would you like to solve using your business?
Key Resources
What Key Resourcesdo
our ValuePropositions
require?
• The key resourceswhich
are requiredare best
teachersandcollections
of all types of e-books
and study materials.
Channels
Through which Channels
do our Customer
Segmentswantto be
reached?How arewe
reaching themnow
• We will reach to our
customer through online
channelsthrough our
website and application.
Cost Structure
What are the mostimportant costs inherent in ourbusinessmodel?
Which Key Resources are most expensive?
Which Key Activitiesare most expensive?
• This businessmodel doesn’t require a high costit will just needa
website and a mobileapplication. The websiteshouldbe goodand
easy to handle.
• The key resourceswhich will be expensive is one timepurchase ofE-
book fromthe publisher becausethey know that it willbe used
multipletime andit will reduce the sale ofthephysical bookthough
they will charge high.
• In this business thereis no such activities which willbe ofhigh cost.
Revenue Streams
For what value areour customersreally willing to pay?
How are they currently paying?
How wouldthey prefer to pay?
Customerswillbe willing topay forlow price e-book which is costly
in the market.
Now they are paying high for the booksandthey haveto go to the
market to purchaseit.
They will prefer to pay onlinethrough credit/debit card,netbanking,
e-wallets like paytm, FreeCharge, MobiKwik.

3. Date: 31-AUG-2017.
The customer who face problem to purchase books due to unavailability or high cost
There problems will be solved because all the books will be available and they will be
of low cost to. The students who live in rural areas and don’t have good tutions and
those who live in hostel there problem will also be solved because there will be
availability of online tution.
3. What are the disadvantages of existing alternatives as compared to your business
idea?
The existing alternative are more costly like the books of higher education are very
costly and there is unavailability in the market but on our website they will be of low
cost and most of the books will be available and the customer doesn’t have to travel
to buy books.In rural areas there is unavailability of quality tutions so it will solve
there problems also because they can take access of online good quality education
and those who live in hostel and are not allowed to get out of there campus can also
take the tution.
Harsh Saraf
(20162079)