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I've created a new business model. It helps you to find fitments that you've seen somewhere but you don't know how to get them. Very happy to get your thoughts.
The presentation of my business model is divided into two parts: (1) Presentation of the idea (2) Canvas BM.
(1) THE IDEA
The pain point: You see a fitment (in a cafe, in a video etc.). You like it. But you don’t where to get it from.
The solution: An application that identifies the fitment for you.
How it works: You upload a picture of the fitment (e.g. table, chairs, curtain.). A community identifies the fitment and posts the required information below the picture (name, manufacturer, retailer etc.). Now, you can buy it.
(2) BUSINESS MODEL CANVAS
The app uses its community to identify the requested fitment. We see two particular customer segments:
An application – hunters upload the fitment they are looking for. Finders comment on the picture and provide information. The fitments appear in a timeline sorted by categories.
Crowdsourced assistance – the relationship consists of the interaction between the community.
The app is completely for free.
We sell data to furniture manufactures: We know what people are looking for. Trends can be predicted and customised ads could be run (based on the furniture consumer’s are looking for).
Marketing – the app only works if a powerful community of finders is active.
Furniture manufactures we can sell the data to.
Marketing (customer acquisition)
App development + app license
I'm looking forward to your thoughts, criticisms, questions.