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Pages:
4 pages/β‰ˆ1100 words
Sources:
10 Sources
Style:
APA
Subject:
Business & Marketing
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 17.28
Topic:

Enterprise Proposal for Dairy and Experiences

Essay Instructions:

You only need to do Part II's C,D,E part. Please follow the instructions in the guideline document.
Purpose:The key purpose of your final report is to present your proposed enterprise and your work to validate and analyse the assumptions underlying your proposal. The more detailed analyses and data (with references) you can show, the better (assuming they make sense and relate to your project). Please be sure to report actual work you have done. Do not explain theories and concepts. Make sure to apply them. 
Structure:

I. Executive Summary (1/2p - 1p) Start with a pitch (format discussed in class). Then describe your enterprise and its main features. Highlight the most compelling aspects of your value proposition, and the validation work you have done.

II. Business Model Canvas Sections (10p max)For each of the subsections here, write a one paragraph summary of the section, and then show your assumptions and validation evidence. This means, show your calculations in detail. 

A. Customers

What are your customer segments? What are TAM, SAM, target market for each of them? What are your price points and how do they compare to competitors? 

B. Value Proposition

What is your final value proposition for each customer segment? 

C. Channels and Relationships

How will you reach your customers (which channels)? What are your channel economics? Clearly spell out your funnel (steps for your business and estimates of numbers) and its implications for the labour and funds required to attract the number of customers you require.

D. Key Activities

What are the key activities in your business? 

E. Partners and Resources

What key partners are essential to the delivery of your value proposition? What roles do they play? What is your relationship with them? What resources does your business require (financial, human resources, facilities etc.)? When are they needed? How will they be financed? F. Social and Environmental Impacts What are key social and environmental impacts of your activities (including those of your key partners)? Show your risks (see SASB.org) and document your actions in each section as discussed. Also present the check list provided to you. G. Costs and RevenuesIn this section, please summarize the costs implied in the other sections and show your cash flow. Also show your revenue model (revenues by customer segment/value proposition, show the business model toolkit graph)III. Validation (1p)Summary of your evidence of traction among all key customer / supplier groups. This should build on your earlier assignment, but show the additional validation you conducted since. IV. Discussion (1p)Discuss if you think this business could be viable. If you find information at the last minute that your business would not actually work as planned, highlight it here. 
V. References and AppendicesInclude references to reports etc. here. If you refer to large screenshots, or detailed statistical or financial analyses in your report (this will likely support your case), please include them as appendices. 

Essay Sample Content Preview:

Enterprise Proposal
Student's Name
Department, Institutional Affiliation
Course Code, Course Title
Instructor's Name
Due Date
I. Executive Summary
Our company, Dairy and Experiences, is one to offer a range of high-quality dairy products crafted with a commitment to excellence. We understand that everyone has unique tastes and dietary preferences, so we offer a diverse range of flavors and varieties to meet individual needs. In addition to our exceptional products, we go out of our way to create an unforgettable farm experience for our customer base, who are focused on family and loved ones' connections, while Immersing them in the fascinating sights, sounds and aromas as they explore the feeding process of our contented cows, and witness the meticulous craftsmanship that goes into every product we produce. Our goal is to promote a deep understanding of sustainable agriculture and its essential role in our lives. By demonstrating the farm-to-table process, we inspire our customers to make informed choices and embrace the benefits of organic, locally sourced food. This is important for a customer base that values their food's quality and nutritional value and can trust our products and know where they come from. Our portfolio of products and services is innovative and unique in the marketplace. The success of our multi-channel approach relies on understanding the associated costs and investments required for each channel. In addition, we will examine the funnel stages and their implications to guide our customer acquisition efforts. We will maintain an engaging, informative, and visually appealing online presence to capture and retain our customer interest. Finally, in the retention stage, we focus on customer satisfaction, product quality, and ongoing engagement by personalizing communication, loyalty programs, and active social media interactions to nurture customer relationships and encourage repeat purchases.
II. Business Model Canvas Sections
A. Customers
Target Market
Based on our validation efforts, we have identified that our target customer segment primarily consists of the millennial generation. They are enthusiastic about exploring new and unique experiences. According to market research data, millennials make up 56% of campers (CAMPING INDUSTRY STATISTICS & TRENDS, 2021-2022). As the largest generation in the workforce, millennials have a significant impact on the economy and possess the autonomy to make their own purchasing decisions and pursue personalized products. Additionally, some millennials receive support from their parents, allowing them the financial capability to pursue what they desire. In this context, millennial customers are more willing to invest a higher amount for trying out new and exciting ventures.
Based on our survey findings, our target market can be divided into three categories: health-conscious individuals, outdoor enthusiasts, and families who value a fulfilling lifestyle. Our primary target audience consists of individuals who prioritize a healthy lifestyle and seek natural and organic food options(Figure 4). They place significant importance on nutritional value, food safety, and sustainability, and are willing to invest in products that align with their...
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