Business Model Canvas and Strategic Planning: Grocery Store

The assignment presents a Business Model Canvas for a grocery store, outlining key components for a successful business. It details essential aspects such as key partners (grocery product manufacturers and social media marketing partners), cost structure, and key activities (retail and online sales). The canvas also covers value propositions (products tailored to demand and customer analysis), customer relationships (telephonic communication and sales executives), and target customer segments (old age and disabled people, restaurants). Furthermore, it discusses the channels for online selling and the revenue streams derived from timely product delivery. This comprehensive analysis provides insights into strategic planning and operational considerations for a grocery business.

Business Model Canvas -
Key Partners
Grocery products
manufacturers: Many
of the companies
which are working in
the Dubai for
manufacturing of the
grocery products can
be key partner of the
upcoming business
entity.
Social media
marketing partners:
As the entrepreneur is
having focus on the
online retail grocer
store so it is essential
for the entrepreneur
to make a business
partner in the social
media marketing to
ensure the success of
the business.
Key Activities
Retail sale: They are
having target to sale
out the grocery
product in the market
by online and offline
methods so it is
essential for them to
make proper focus on
the both mode.
Online sale: It is the
main target of the
organisation to sale
out grocery products
via internet so they
have to make an
appropriate and
attractive website
which can help to the
customers to make
their orders easily.
Value Propositions
Products according to
the demands: It is the
main value of the
service which the
entrepreneur provides
to their targeted
customers.
Proper customer
analysis: They have to
take proper analysis
of the customers on
the regular basis
which can help to
them to make a
delivery of the valued
services for the
customers.
Customer
Relationships
Telephonic
communication: As
they are targetting on
the people which are
unable to come to
purchase from the
retail store so by this
their customers can
make a
communication with
them to place an
order of the grocery
product.
Sales executive: For
hotels and restaurant
they can use
executives to manage
customers
relationship with
them.
Customer Segments
Old age and disabled
people; These are the
main customers
segment of the
organisation.
Restaurants: Mini
sized restaurants are
also the main target of
the business.
Key Resources
Finance: It is the main
need of the
organisation so it is
essential for the
entrepreneur to find
out proper resources
which can full fill the
needs of the
organisation to make
a proper implantation
of the business plan.
Human resources:
Different types of the
Channels
Online selling: They
are mainly focusing on
the online selling of
the products.