E-Business Strategies and Business Models

 

  • What is the business you are interested in? (i.e., Restaurant, Supermarket, Pet store, Barbershop, E-Commerce firm, Gym, Auto Service Center, Sports Outlet etc.).

Give a suitable name to your upcoming business and give a brief description about your business type, where it will be located, and why you chose this business? -2 mark

 

We learn from SEU many concepts about Ecommerce, so we diced to convert one of important traditional business to be Ecommerce business, in this transformation we can hair our knowledge, skills and concepts learned.

 

Also to take all advantage from universal COVID-19 to use in our business, we will let you know in coming lines.

 

In KSA population more than 35 M, and to be specific 5.2 M in Riyadh city where we looking to start our business. Till today the main transportation is cars, and recently new rule came to allowed ladies having driver license.  (1) https://www.stats.gov.sa/ar/782

 

We diced to make a Car wash App with several services and we named our App “ Car Beauty” where our main idea is to take care of your car as doing in beauty centers also to be as hidden message to attractive ladies drivers. Usually if you want to wash your car in normal way you may take between 45 minutes to 1 hour minimum waiting for this procedure till finish, also to wash a car it may require more than 120L of clean water. (2)

(2) https://timesofindia.indiatimes.com/city/mangaluru/now-getyour-car-cleaned-with-only-2-litres-of-water/articleshow/49504838.cms#:~:text=Regular%20car%2Dwash%20service%20stations,just%20two%20litres%20of%20water.

 

In our business solution we consider those two main issues and we solve it! Car Beauty motto “car care and beyond” where we will save your time and be environment friendly.

 

Car Beauty is new way to wash your car, we will use steam washer machine to clean car inside as well as outside by steam only, and this process require only 7L of clean water also it is working as sanitizer for the car because it will kill all germs including COVID-19.

 

  • How will you do the Customer segmentation for your upcoming business? Which type of customers will be among your target segments? -2 marks

In market segmentation to target our customer it will be as following: (2)

  • Geographic: Riyadh City as initial stage then will expand to other big cities like Jeddah and Dammam.
  • Demographic: in gender will consider male and female as will also age will be from 21 to 45 years old, where they will usually having a car and income.
  • Psychographic: will consider lifestyle and customer interest.
  • Behavioral: since we are Ecommerce business we will consider online payments to meet our customer purchase habits.

(3) https://blog.alexa.com/types-of-market-segmentation/

 

  • What is unique about your business value propositions and why does these customers prefer your offerings to their current alternatives? -1 mar

Nowadays, people are more aware of the environment and how we as humans have harmed it through our behavior. Also people’s lifestyles have changed, and they are too busy with their jobs, families, and other activities As a result, the car wash become a boring activity. With CBA’s “Car Beauty App,” they can schedule their car wash when they are at work or at home then our team will visit them, and they will also be helping the environment if they choose us.

 

  • How does your business earn revenue? Which revenue stream will you opt and why? -2 marks

Our business model is B-to-C, which means that the majority of our revenue will come from customer s for our services, while we may be able to extend our revenue in the future by selling car wash tools and products such as special shampoo. Another way to expand our business is to create a B-to-B model in which we can provide our services to food companies to keep their vehicles clean and sterilized.

 

  • How does the customer interact with your business through the sales process and product lifecycle? -1 mark

Since CBA’s is Ecommerce and we provide car wash services so the sales process will be though our mobile App.

 

  • How will you build good relationship with your customers?-1 mark

We believe that a successful company requires excellent customer relationship management. As part of CBA’s approach, we will take care of customers first by offering excellent service, and then we will stay in touch with them after the sale to solicit their feedback, views, and notes.

 

  • How will you raise awareness about your business’s products and services over Social Networking Sites? Discuss your business strategy for promoting your business. -2 marks

 

The use of social media has become ingrained in our daily lives; at CBAs, we will have accounts on Instagram, Snapchat, and Twitter, which are our primary platforms.

 

Our strategy will be based on three principles. The first is to save time and keep your car sterilized. The second strategy is to assist us in saving our plant, and the third strategy is to fulfill Saudi Arabia’s Vision 2030.

  • Design a Business Canvas Model for your upcoming business.-1 mark
  • I am an investor who is ready to invest money in your upcoming business. Write a Sales Pitch in up to 100 words to attract me for doing investment in your upcoming business.-2 marks

 

In Saudi market the Ecommerce growth more than 20% yearly (4) and this ratio is increasing, and our business is required low cost for operation and fixed amount for expand the business, for example: one car with one labor with all necessary tools and equipment cost you 70,000 SR, as an investment you can return back this amount within one year if we received 4 s per day and from the forth and above is your profit. In our study we expect 10 to 15 daily s! Just do your math and decide.

 

(4) https://www.citc.gov.sa/ar/reportsandstudies/Reports/Documents/CITC_ECOMMERCE_2017_ARABIC.PDF

 

 

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