Blog #12 – Business Model Options & Comparison

Business Model #1

 

Business Model #2:

Business Model #3:

 

Comparison Table:

BMC 1 BMC 2 BMC 3
Revenue Model Two forms of revenue: direct sales + advertising from companies. One revenue stream: selling the pellets Revenue streams include direct sales and grants.
Cost Structure Cost of printing on packaging, transportation, and employee salary is unknown. There are many costs that go into it but if we simplify the process it can be profitable. Similar to BMC however it is specifically targeting schools/education-focused packaging
Clearer Path to Next Steps Learn how to best print on the packaging in the Philippines. Then work with partners who want their brand on our product Has clear next steps: solidify the lab process, then either partner with a manufacturer or have our own firm in the Philippines Print on packaging and find partners
Clear First Customer For ads: any company, companies focused on sustainability might be best. We would be the only bioplastic pellet manufacturer in the Philippines so bioplastic companies, such as Econest, are good customers Either schools or companies focused on sustainability education (ex: small shops).
Risk Profile Depends on several factors so higher risk than other BMC’s. If we are able to finalize the lab process and get a factory set up in the Philippines then risk is not very bad. Since it depends on many factors, risk is high.
Partnerships Sustainability-focused companies. Bioplastic manufacturer such as Econest Schools, local shops, sustainability conferences.
Ability to Execute If we are able to get partners interested and print on the packaging at a competitive price, it is very possible. Possible, dependent on lab process at the moment. If we get partners, are able to sell at a good price, and people are interested in packaging with our print on it, it is possible.

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