business
model canvas
IDEASYNDICATE CO. LTD.
MDS5702 Innovation Management & Entrepreneurship
SHAHRULAMIN MOHAMED SUJARI - GS62907
.
Master of Industrial Design Innovation
June 2022
2 CHALET BUSINESS – 25%
CUSTOMER SEGMENTS The SME’s hotel, chalet, homestay
business entrepreneur who provided
STRATAFIED RESIDENT – 35% temporary living for guest or traveler.
The most targeted customer who live INTERIOR DECORATOR – 15%
in stratified residential – Condominium,
Apartment, Flat and etc. Another 15% are from the interior and
design build industry segment to fit in
SMALL LIVING HOUSE – 25% their concept of minimalism.
Other 25% targeted customer are from
small living house resident including
SOHO, SOFO and town house.
100%
3
VALUE PROPOSITIONS
SPACE SAVING
Enjoy more precious living space by utilizing the Knockdown
Collapsible Sofa Bed to have better manage your living area.
EASY TO ASSEMBLE
Innovative sofa jointing system for easy disassembly and re-assembly
according to user requirements for relocation and portability.
WASHABLE COVER
Left stain on your sofa? Don’t worry, this sofa cover can be
removed and washed, and even be replaced!
CONVERTIBLE SLEEPER
Simply pull the bedding lever to convert the sofa into
a queen-size bed and lie down for some relaxation.
4
REVENUE STREAMS
PRICE BUSINESS MERCHANDISE
RM 699 (all in) RM 5 to 50 (per item)
TRANSPORTATION & EXTENDED WARRANTY
HANDLING
RM 30 (1 Year)
INSTALLATION
RM 50 (Once)
SPARE PARTS
RM 25 (1 Year)
REPLACEMENT COVER & ACCS.
RM 129 (1 pcs)
5
CHANNELS
Facebook Marketplace STORE & PHYSICAL SHOP Mydin Hypermarket
.
Signing a sales agreement or contract Harvey Norman
Shopee with most famous local furniture store
and premises to supply a product. Ashley
Lazada Homestore
eBay ONLINE SHOPPING PLATFORM Giant
TikTok Shop Hypermarket
Pioneering the sale of furniture products
through online sales platforms to suit Tesco Hypermarket
the current shopping lifestyle
6
CUSTOMER RELATIONSHIP
AFTER SALE SERVICE +1 POINT COLLECTION
Get 2x more point when spend more
Enjoy the product without and redeemed on next purchase
worrying by hassle free
1
FREE CONSULTATION 5
Get a modern PowerPoint 2 DISCOUNT CARD & VOUCHER
Enjoy discount up to 50%
on selected product
PRODUCT WARRANTY 4 3 FLASH SALE
Every product will have at least 1 year Get update on our website to enjoy
warranty and even can be extended shocking price
5+1 LOYALTY PROGRAM
What you give, you will get MORE back
7
KEY ACTIVITIES
PRODUCTION
The main business activity are to produce a
sofa & upholstery product for local market.
FURNITURE SHOWROOM
To have look of finish product that produce
by the company, a mini showroom are set up.
DESIGN CONSULTATION
The design consultation activity also can give
a positive feedback of business prospect
PROMOTION
The promotion activity will be conducted on every
3 month to boost the selling of new product.
8
KEY RESOURCES
MANPOWER
M
35 Personnel - Exec, Officer, Skilled & General Worker
MATERIAL
M
Upholstery Based Material – Wood, Metal, Composites
MACHINERY
M
Metalworking & Woodworking Machines including Tools
3M-C CAPITAL
C
RM 250,000.00 Capital Fund for Limited Company (Sdn. Bhd.)
9
KEY PARTNERSHIP
1 3
VENDOR & TRANSPORT &
SUPPLIER LOGISTIC SERVICE
PROVIDER
2
OUTLET & STRATEGIC BUSINESS
MARKET PARTNERSHIP
CONSIGNMENT
10
COST STRUCTURE
FACILITIES & ASSETS
Factory, Studio, Workshop, Office, Transport, Furniture, IT Equipment,
Labs.
MATERIALS
Raw material of product – Wood, Composites, Metal and Furniture
Jointing Fittings, Accessories, Mechanism, etc.
TOOLS & MACHINES
Common woodworking machines and tools including computerize and
automation; CNC Router, 3D Printer and Laser Cutting / Engraving
MANPOWER
Personnel / staff remuneration, incentive and commissions; Executive,
officer, skilled worker and general worker.
MARKETING & ADVERTISING
Marketing and advertising via social media, billboard, poster, fliers,
commercial TV and radio.
11
ORGANIZATIONAL CHART
shorturl.at/dhAJ9
ideasyndicates
Co. ltd.