Comprehensive Business Model Report: Spheroid Domestic Robot Analysis

This report provides a comprehensive analysis of the business model for Spheroid, a domestic robot designed to assist with household chores, therapy, entertainment, and education. The report utilizes the Business Model Canvas and Value Proposition Canvas frameworks to examine key aspects such as key partners (device and software companies, marketing and sales companies, real-estate agencies, and government alliances), key activities (inventory management, website integration, delivery, customer relationship management, and technician recruitment), value propositions (temperature sensing, voice command integration with Google Home and Alexa, multimedia capabilities including a projector and 360-degree audio/video capturing), customer segments (household customers, active families, pet owners, elderly, and individuals with impairments), customer relationships (Spheroid app, after-sales service, and feedback programs), key resources (manufacturing, equipment, distribution, intellectual property, and human resources), channels (online site and retail locations), cost structure (capital investment, fixed costs, and operational costs), and revenue streams (retail sales). The report also includes a business statement and an executive summary, offering a thorough understanding of Spheroid's business strategy and market potential.

Table of Content
 1.Business Model Canvas
 2. Value Proposition Canvas
 3. Business Statement
 4. Executive Summary
 5. Key Partners
 6. Key Activities
 7. Value Propositions
 8. Customer Relationships
 9. Customer Segments
 10. Key Resources
 11. Channels
 12. Cost Structure
 13. Revenue Streams

Business Statement
In this case, we are referring to Spheroid, a small domestic robot with a ball shape designed to assist
for household chores may also can be for therapy, entertainment and education. We understand that
there is a need for assistance as the world evolves and technological advancements continue at a rapid
pace as people are always in a hurry whether it's waking up late for work or attending a football game.
An individual is capable of so many things, which is where Spheroid comes into play! Bringing this
technology to people would be a great achievement for us, since it is the most technological
advancement we have accomplished to date. Providing this assistance as a form of assistance is
something people require in order to get by on a day-to-day basis. Our product is ahead of its time
thanks to the use of artificial intelligence. In order to acquire a better understanding of the user's
routine, we have utilized Spheroid's AI to track the user's daily routine and store data. Spheroid
integrates commands immediately after they have been set so that the user does not have to provide
commands repeatedly.

Source:(hasan_design, 2021)(Self-Made, 2022)
Executive Summary
Spheroid's Business Model is presented in this report, complete with detailed analysis of each
element.
Key Partners
The initial segment from the business design is the connection between an enterprise and its own
customers forincreasing growth. Our important key partners are the companies of devices and
software. Our relationships with marketing companies will even support to promote the services and
products. We currently concentrating on marketing as well as sales in first and second, we will focus
on real- estate agencies intended for their customers. Government alliances and home loan approvals
are also a necessity which can be obtained easily through regional partnership.
Key Activities
This refers to all the essential activities that must be completed by a company for it to properly
execute its business strategy. Inventory management to make sure all supplies are available would be
a key activity. Effective website integration and trucks are required for upkeep and timely delivery.
Additionally, we guarantee client relationship management through several the below-listed
programs. Lastly, as technicians are needed to operate the spheroids, recruiting and training new tech
grads is another crucial activity.
Value Proposition
This refers to the development of products/services that create value or solves customerproblems.Our
Spheroids will be integrated with Thermocouple sensor, which will detect room temperature. Also, it
can help to sensor overheatsubstances like fire outbreak and can call for emergency.It responds to
voice commands via Google Home and Alexa, as well as a smartphone app.It’s also built to be a
multimedia machine, a sort of roving smart TV and gaming console. It has an Android TV operating
system and can access content across Google Play, Chromecast, and Google Assistant.Perhaps most
intriguingly, all that content comes to life thanks to a built-in 90-degree adjustable video projector and
a 360-degree audio and video capturing system.
Customer Segment
Customer segmentation is a technique used by businesses to group their clients based on shared
characteristics and determines the key market they want to reach. Since the market for AI and robots
is anticipated to develop at a double-digit CAGR over the next five years, Spheroid intends to
geographically target the UAE market. As of right now, our product will be for the niche market.
Household customers, active families with young children, pet owners, the elderly, and persons with
impairments make up the bulk of the clientele. The increasing level of living among individuals is
what essentially drives the demand for a spheroid. The present world's frantic lifestyle and the use of
cutting-edge technology have raised demand for goods like the domestic robot.Depending on the

intended purpose and the consumers' purchasing power, the new product offers a variety of home
choruses.
Customer Relationship
Customer relations characterize how a business interacts with its customers, including
attracting and keeping customers and increasing their sales. Spheroids have its own app
which haveproduct details and operations designed; customers can use this app to operate the
robot andset the settings accordingly to their preference. The company will provide after sales
service tohelp customer with the setup of the robot and provide manual instructions, the
company will alsoprovide 1-year free guarantee for the customers to avail if the product
requires maintenance.Our company will also try different platform to promote and advertise
our product for it to gaincustomer attention. Additionally, we view our clients as our most
valuable assets, thus as aresult, we will have feedback programs to enhance our product and
strengthen our customerbase.
Key Resource
Key Resources are the building blocks of a company and help define the value proposition and every
business model requires them. Key resources are further divided into:
The components that aid in an organization's value proposition development, customer service, and
product delivery are its core resources. Manufacturing, equipment, and distribution are examples of
physical resources that a corporation might employ to develop its own value proposition. The
development of an intellectual resource requires a lot of time and money. They might provide the
business with special benefits. Customer service representatives, software engineers, and maintenance
personnel are human resources that may improve the client experience. Upon request, we also
contract out the delivery of the spheroid to our client. Financial support from monetary sources and
corporate subsidies. By maintaining tight ties with significant companies and their networks, our
client base is expanding.
Channel
The primary goal of every firm is to manufacture its varied goods and deliver them to the ultimate
customer in a reliable manner. Product marketing, customer product assessment, order purchases,
device value distribution, and post-purchase customer assistance are just a few of the roles these
channels fulfil. A company that has the ideal channel mix creates a compelling market value offer.
This can be done by a company utilizing its own channel, a partner channel, or a combination of the
two. Through various platforms, including an online site and retail locations throughout the world,
Spheroids offers its value offering to its customers. Additionally, the business often collaborates with
other businesses to distribute its equipment to the target audiences, despite doing so reduces its profit
margins.

Cost Structure
Spheroids cost structure includes 70% of capital investment by the partners and 30% through bank
loans. Our total investment is up to 5 million. Fixed costs of our business will include: cost of
machinery, design cost, blueprint, and licensing, copyright and patent. Whereas, operational costs
include utilities, promotional, factory cost, cost of raw material, miscellaneous expenses, salaries and
wages.
Revenue Stream
The numerous avenues via which a company receives income from the selling of goods, or the
rendering of services are known as revenue streams. The kinds of activities that a firm engages in
determine the kinds of income that a business records on its books. In general, compared to
companies that offer services, retail companies' revenue statements are more varied.(CFI, 2022).