Business Idea Generation On Shaving Trimmer

Discuss about the Business Idea Generation on Shaving Trimmer.

Shaving Trimmer serves as one of the most important commodity owned by its consumers to attain their desired shaving experience at home without visiting a salon. “Onco Shaving Trimmer Repair Company” will have its new business of positioning itself as a standard and licensed Shaving Trimmer repair shop. This new business idea implementation in Australia will facilitate in offering all the aspects of Shaving Trimmer repair services like repairing Shaving Trimmer, internal fault repair, water damage repair, cosmetic damage repair, changing blades and battery replacement (Bertels, Koen & Elsum, 2015). The business model of the company will also focus on offering Shaving Trimmer repair along with certain effective in building shaving blades related services. The objective of this paper is to develop a new business model canvas for this business along with explaining the critical success factors and feasibility of this model.

Shaving Trimmer serves as one of the most important commodity owned by its consumers to attain their desired shaving experience at home without visiting a salon (Bouwman et al., 2017). This serves as among the most important reasons for which there has been an emergence of the cell phone companies. This is basically one of the major reasons for which there has been increased emergence of experts in order to come up with best technology options in purchasing the best brand. However, it has been observed that there are times when cell phones pose challenges and in such scenario offering exceptional service of phone repair (Burmeister, Lüttgens & Piller, 2015). “Onco Shaving Trimmer Repair Company” is observed to attain an increased competitive advantage in Australia through its new business because of several reasons and issues faced by the consumers. All the potential consumers of this new business are deemed to be people those require Shaving Trimmer repairing services in a prompt and regular manner. Consumers these days are dealing with several challenges related to repairing services of their Shaving Trimmer in prompt and easy manner. In such scenario, there is very limited number of businesses that offers online as well as door-to-door Shaving Trimmer repair services (Cheng & Yu, 2015). Moreover, this industry is an open industry hence a low level market share concentration. In a situation where large multiservice agencies operate within the sector, revenue is also deemed to be spread to be among small companies and freelances. Consumers in such scenario desires fixes along with convenient in-store services along with several expect and demand that the new business will provide a specific support level in case any issue is observed within Shaving Trimmer.

Critical Success Factors in New Business

The new business idea of “Once Shaving Trimmer Repair Company” will offer exceptional benefits of addressing accidental damages of the cell phones which can otherwise cause increased distress for the consumers (Gorissen, Vrancken & Manshoven, 2016). The technicians of this new company will focus on offering exceptional state-of-art tools along with technologies in order to offer Shaving Trimmer servicing. This can further facilitate in offering Shaving Trimmer repair services that can get consumers Shaving Trimmer fixed within a shortest time possible. The Shaving Trimmer phone repair service will be available in both through online as well as physical stores that can offer competitive and promote services in getting consumers Shaving Trimmer fixed along with attaining services of spare parts replacement of Shaving Trimmers (Burmeister, Lüttgens & Piller, 2015).

The proposed business model canvas for “Onco Shaving Trimmer Repair Company” will facilitate in explaining relationship among the nine aspects along with its useful implications for the business as well as consumers. All the aspects of the business model canvas includes cost structures, revenue streams, key resources, channels, consumer segments, consumer relationships, key activities, value proposition along with key partners (Burmeister, Lüttgens & Piller, 2015). These nine building blocks of the new businesses business model will facilitate “Onco Shaving Trimmer Repair Company” in attaining competitive advantages within Shaving Trimmer repair services market of Australia. The proposed business model explained that “Onco Shaving Trimmer Repair Company” intends to offer professional Shaving Trimmer repair along with other related services. Such repairing services can make sure that the Shaving Trimmer owners are ensured that their Shaving Trimmers are maintained in good shape that can facilitate them in communicating with their relatives in conducting their businesses. The Shaving Trimmer repair business will have competitor strength of attaining exceptional workforce (Gorissen, Vrancken & Manshoven, 2016). The new business of “Onco Shaving Trimmer Repair Company” will attain certified and highly trained repair technicians and engineers those will have exceptional skills and experience within niche segments of Shaving Trimmer repair service industry.

The critical success factors that that can facilitate “Onco Shaving Trimmer Repair Company” in maintaining competitive advantages are explained under:

• Effective and better consumer services that can attain referral network for consumers. More focus will be put on the expertise in repairing Shaving Trimmer enables Shaving Trimmer along with offering exceptional Shaving Trimmer repairing programs (Burmeister, Lüttgens & Piller, 2015). Moreover, “Onco Shaving Trimmer Repair Company” business model canvas is developed in a manner that can facilitate in responding rapidly to the consumer problems with their products, plans and services such as like repairing Shaving Trimmer, water damage repair, cosmetic damage repair, changing blades and battery replacement.
• Certain competitive Shaving Trimmer repairing products and services will be offered by “Onco Shaving Trimmer Repair Company” that will be offered by skilled technicians those are consumer oriented and takes time in explaining consumers in explaining the exceptional repair services (Bouwman et al., 2017). The new business idea of this Shaving Trimmer repair shop will also indicate that it maintains increasingly aggressive managerial insights on costs to offer exceptional services at competitive prices.
• Use of advanced technology is another critical success factor for “Onco Shaving Trimmer Repair Company”. This is for the reason that the technological revolution within computers has developed abilities of this new business in diagnosing and repairing Shaving Trimmer of its consumers (Bouwman et al., 2017). Through maintaining computer diagnostic equipment within its shop, the company is anticipated to attain exceptional competitive advantages. “Onco Shaving Trimmer Repair Company” will consider developing its business model on a regular basis in seeking out new ways to offer a better service by means of technology.

The feasibility of the new business will be analysed through evacuating the functions associated with the business (Burmeister, Lüttgens & Piller, 2015). The new idea of the Shaving Trimmer repair services is deemed to be feasible for the reason that “Onco Shaving Trimmer Repair Company” have considered hiring technicians those will have a better background knowledge on repair of electronics this new business idea is also feasible in terms of financial costs experienced by the company.

Feasibility Analysis of Shaving Trimmer Repair Centre Business Idea

In order to decrease the rental costs, “Onco Shaving Trimmer Repair Company” will consider seeing its business through offering online and door-to-door services (Bouwman et al., 2017). Feasibility of this new business is also observed through analyzing the volume of market and consumer buying trend based on the Shaving Trimmer franchise market.

As the new business considers employing advanced and new technology, it is deemed that this Shaving Trimmer repair business is feasible. Moreover, the business is also deemed to be cost efficient for it considers employing a remote technical support service.

Conclusion

The objective of this paper was to develop a new business model canvas for this business along with explaining the critical success factors and feasibility of this model. It was gathered from the paper that consumers these days are dealing with several challenges related to repairing services of their Shaving Trimmer in prompt and easy manner. In such scenario, there is very limited number of businesses that offers online as well as door-to-door Shaving Trimmer repair services. It is also revealed from analyzing the posed business model canvas for “Onco Shaving Trimmer Repair Company” that it intends to offer professional Shaving Trimmer repair along with other related services. Such repairing services can make sure the Shaving Trimmer owners are ensured that their Shaving Trimmer are maintained in good shape that can facilitate them in communicating with their relatives in conducting their businesses. Consumers can attain convenient in-store services along with several aspects and the new business will provide a specific support level in case any issue is observed within Shaving Trimmer.

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