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subscription business model - Coggle Diagram
subscription business model
product subscription
limited model
desk and chair only
storage and other are by purchased. so need to buyt
different package
next series and tz series
series where i can resused easily
chair- budget and premium
can be uphosltered for future usage
target price - around rm10-rm50 per unit
target time: need 1 -2 years
sunon products for subscription
free item if subscribe more than how many pax
product insurance
how to create insurance for product
who to work to
purpose: to make sure if they faulty used of products, it is cover on the charges. just like car
installation and dismantle within 1 day (pay the premium)
direct sell product
Extra warranty
storage
wiring solution
plant
renovation
Interior design proposal
FOC
paid service
Renovation package
need partners
financing for this as well
CSR - every product they subscribe will back to what community
insurance for the company
how to make sure the payment are on time, and things can be collect back when they not paying back to us
payment model
credit card
direct bank
merchant
finance company
software integration for users and company
chargebee
senangpay
pabbly
chargify
extra service
installation and dismantle service
relocation service
maintenance and part service
<1 year quarter maintenace
finance analysis
the ROI expected when
need put up how much cash to do that (capital)
pros and cons
benefit
for customer
add more people/reduce with expected fixed cost
hassle free
not an asset
for company
more direct data < data is king>
manufacturing capabilities which mean lower cost compare to the market
no people done yet
CONs
for company
cashflow to sustained
need set-up a whole new team
crash with current business model
for customer
new idea. hard to approched. need big client to get onboard
need to do everything online. less personal touch
less customization available
supplier registered business model
concept- supplier provide the products, they got ROI by 2nd / 3rd year. this current company will only take some percentage for the platform service we enrolled
supplier showroom to provide the product display
direct buy and sell model
buy the product and sell it to customer directly