Revenue
Drivers
|
|||
Levels
&
Innovation
|
Mobile App
Subscription
(monthly, yearly)
|
Plot Size
(4’ x 12’) to (8’ x 12’)
|
Variety of Crops
(1 to 4)
|
Core
|
For consumers, the value is in the convenience.
The simplicity of subscriptions removes the thinking of
purchase decisions.
Consumers are left with a reassurance that they will have
their garden and they will ‘have’ their food before they actually need it.
|
Consumers are given control as to how much of the
aggregate organic garden they want to occupy.
|
Consumers are able to benefit by choosing how many kinds
of organic foods they want as part of their diet.
|
Tangible
|
The app will be the platform for which the venture is
built upon and allows for consumers to track their crops.
|
The tangible aspect of this revenue driver would be the
actual land and soil used.
|
The tangible aspect of this revenue driver would be the
actual crops and the satisfaction of growing your own food.
|
Augmented
|
The app will be a free download, maybe due to mobile
advertisements, and would be updated with things like new recipes based on
different crops. Also, the subscription business model lets consumers get the
most out of the ‘save money on organic food in the long-run’ aspect.
|
Gardens with larger plot sizes would indirectly receive
more care because they take up more space as part of the aggregate garden.
However, because of this, larger plot sizes are sold at a higher price.
|
The augmented level comes from the fact that all the crops
are completely fresh and organic and maintained by a professional gardener.
|
Innovation
|
Those who subscribe for a longer basis could receive
‘bonus’ features or free things in order to incentivize consumers to
subscribe for a longer basis. (Tangible)
|
There could be an option to ‘share’ space in order to
allow consumers to save money and build a community around this venture.
(Augmented)
|
There could be more offerings in variety of crops in the
future. Or, consumers could bring in seeds for crops that the venture does
not currently offer. Other users could possibly vote on which new crops they
want to be offered for gardening. (Core)
|
Thursday, June 2, 2016
Tweaking the Innovation
Fresh Campus: Revenue Drivers and possible Innovations for each one, as structured in a table format:
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