Difference between revisions of "Team:CCU Taiwan/Entrepreneurship"

Entrepreneurship

Foreword

  For now, we divide our entrepreneurship into two parts, one is the application for patent, and another one is contacting companies. We hope that we could win the favor of the paper container coating industry.
For our Business Model, we want to know how a paper container coating vendor chooses materials for their paper container film. We asked many experts and entrepreneurs for help, so we would have a more detailed introduction to market analysis. In addition, we also asked some professors who are in the field of market analysis to conduct more in-depth discussions after the interviews. We will issue monthly reports to our sponsors, to keep them up to date.

STP Analysis

Segmentation:

Targeting:

1. The size of the market: large
     In terms of Taiwan, the current market for paper cup laminated is large. Since beverage shops, coffee shops, and convenience stores have a considerable demand for laminated paper cups, in Taiwan, we can determine that the demand for laminated paper cups is large. The huge potential in customers cause a large purchasing power of the laminated paper cups and the total amount of paper cup purchases, further inferred that the separation is enormous.
2. Competitive intensity of market: strong
     Even though Polyethylene and Polypropylene are still used as the bulk of the paper cup laminated market, there are many ecofriendly laminating materials that are still produced in the market. Therefore, under such circumstances, I think the competition intensity is still strong, once our LIGGREEN are more close to the ideal one that the company or the manufacturer demands, you can attract them to buy our products as raw materials for laminating.
3. Organizational resources and advantages: small
     As LIGGREEN just enter the market, unlike other vendors that have already established a solid foundation in the market, our organization still need to adjust. Being a startup company, the resources will be less than the mass-produced manufacturers. As the results, our organizational resources and advantages are small, which make us difficult compete with large factories currently.
4. Cost of exposure to market: large
     LIGGREEN is new for the market, we must build our own advantages from scratch. From the perspective of raw materials, our price is higher than others, which will affect the purchase intention of the laminating paper cups factory. Therefore, the cost of contact the market will be quite high in the case of high prices.
5. Future growth of market: large
     Due to the influence of environmental protection and the government's policy of restricting plastics, our products have little advantage in the current market, but as time goes by, in the case that mainstream raw materials are gradually eliminated, the development space we own is enormous. Therefore, the future growth is quite high.

Positioning:

1. Seeking possible positioning:
   Attributes: The difference between LIGGREEN and other raw materials is that LIGGREEN mainly appeal to be naturally decomposed and not harmful to the environment.
   Functions: LIGGREEN is used as a paper cup laminating material. As it can be decomposed by the environment, it will bring a fresh and green corporate image to the paper cup laminating factory.
   Main Customers: It will be a manufacturer that pays attention to the corporate image and can accept higher raw material prices.
   Competitors: Factories that produce Polyethylene, Polypropylene and PLA will be our competitors.
   
2. Communicating the positioning concept:
     With the above evaluation, we can see the essence of LIGGREEN's product and then get the concept of product positioning. LIGGREEN's main positioning concept is that it can bring an environmentally friendly image without affecting the current recycling habits and the production process of the paper cup laminating factory, by using LIGGREEN as a raw material for the laminated paper cup. When the terminal consumers use the products, they will know that the entire production chain is the main corporate image of green positives, which will add a lot to the public.

Business Model

  The business model we built was mainly for the paper container industries. Since we are a manufacturer of new material called “LIGGREEN”, it is logical that the paper container industries will be our first customers. We hope that LIGGREEN will have a wider application in other industries in future.

Value Proposition:
  We know that people now care more about environmental protection issues. Why? Because the earth faces problems with energy depletion and environmental pollution, both of these are big issues for us. There are many new energy sources to solve the former, but what about the latter? So many countries are trying to find a new way to solve environmental pollution, it seems that the best place to start is with our daily life.
  Recycling is one of the ways for now to solve the pollution problem, so entrepreneurs producing new packaging materials are popping up, and we are one of those.
  Since there is intensive competition, a product which is ecofriendly is a common value in the container industry, so it seems that a new product which is only ecofriendly is not special at all. The value we created is not only that it is ecofriendly, but also uses new technologies to produce our material. This new material, “LIGGREEN”, allows us to keep our current recycling habits but still achieve an environmental goal. With new policies limiting the use of plastic, having a new product to replace plastic will allow an uninterrupted supply without creating a sharp rise in demand for limited products from the container industries.

Customer Segments:
  As the demand will reflect consumers’ willingness and desires, our customers will not only be the paper containers coating industries, but also the beverage stores who buy the laminated products and interact directly with the consumers.

Channels:
  We believe that the paper container industries and beverage stores are mutually influential, so we will visit both of them in person.

Costumer relationship:
  We adopt the method of “personal assistance”, in which dedicated personnel have exclusive communication with each customer. This allows for a trusting relationship to develop, so they will be willing to share their concerns about the product or suggestions for improvement.

Key Activity:
  We mainly produce LIGGREEN for the paper container coating industries. Moreover, we will continue to research new materials which can substitute for plastic. The sales department will try to find new customers and contact paper container coating industries.

Key resource:
  The key resource is our intellectual resources, which includes our technology and new research.
  The human resources are divided into two parts, research members, and sales members who will develop and fulfill the demand.

Key partner:
  Our main partners are members who work for the Industrial Technology Research Institute, since they can sponsor technique conferences, and they are a government organization that communicates with the industry about new technology.

Revenue:
  OOur revenue comes from selling the materials we produce.

Cost:
  The assets of the construction plant, the salary of the manpower and the cost of the research material such as monolignols and yeast, etc.