Martin Stoyanov Amazon Canvas
1. Problem
Recommendations
It's hard to find books and get recommendations at bookstores. People can give many recommendations
Bookstores are expensive
Bookstores have limited inventory
Existing Alternatives
-Bookstores, catalogs, book clubs
People do not want to travel
-People are lazy
2. Solution
Website that sells all books available
Web based customer reviews
Ship direct from distributor
Efficient warehouse?
All competitors are just retailers with limited storage. This will help on mass scale.
3. Unique Value Proposition
Earth's largest bookstore
High-Level Concept
The supermarket of bookstores...online
品牌
一個享譽全球的品牌
4. Unfair Advantage
Ships across the globe
Ships around the world
5. Customer Segments
People who buy books
Early Adopters - avid book readers that use the internet, are willing to make purchases online and like to explore books
Location Restriction
-Unable to access certain books from certain regions
Convenience Seekers
-People who do not want to walk out into stores or waste time
Rich People
people who have too much time and want to fill their library with books to make them look smart
6. Key Metrics
Sales conversion per visitor
-web traffic and convert it to sales
Average sales transaction
How much are they buying on average? $10 vs. $100 buying behavior
Total Sales to visitor ratio
compare the sales numbers to those who are visiting. Who is buying a lot?
7. Channels
Direct to customer through website
Emails
8. Cost Structure
Developers and website operations
Logistics/fulfillment staff and costs
Books (COGS)
Customer service staff and center
9. Revenue Stream
Book sales
Shipping fees
Merchant Fee
-Fees for hosting books on site
10. Brainstorming Space
Martin Stoyanov
Amazon Canvas Model