Business Model: Velocity Bikes SG

Company Details:

Name: Velocity Bikes SG

Theme: Bicycles (Sales & Services)

Value Proposition:

At Velocity Bikes SG, we are passionate about providing a unique and exciting way for our customers to explore the vibrant and delicious flavors of Singapore. Our cuisine courses offer a tasty and adventurous journey on two wheels, making it the perfect way to experience the city's food scene.

Customer Segments:

• Foodies looking for a unique dining experience
• Tourists wanting to explore Singapore's food scene
• Locals looking for a fun and active way to discover new restaurants

Key Activities:

• Sales and rentals of high-quality bicycles
• Organizing and leading cuisine courses
• Providing maintenance and repair services for bicycles
• Curating and promoting local food and restaurant experiences

Key Resources:

• Experienced and knowledgeable staff
• High-quality and well-maintained bicycles
• Strong partnerships with local restaurants and food vendors
• Effective marketing and promotional strategies

Revenue Streams:

• Sales and rentals of bicycles
• Course fees for cuisine courses
• Commission from restaurant partnerships

Cost Structure:

• Cost of purchasing and maintaining bicycles
• Staff salaries and training
• Marketing and advertising expenses
• Rent for physical store location

Customer Relationships:

At Velocity Bikes SG, we prioritize building strong and lasting relationships with our customers. We strive to provide exceptional customer service and create memorable experiences for our customers through our cuisine courses and partnerships with local restaurants.

Channels:

• Company website and online booking system
• Physical store location
• Social media platforms
• Collaborations with local tour companies and hotels