General
information
(see also
illustration at
the bottom)
Inbound
Logistics
Flatpebble.com
Fishbay.in
Operations
Outbound
Logistics
Marketing &
Sales
Online:
Initial investments for:
Computers to process online
orders
Insulated box
Air conditioner
Freezer
Refrigerated fish display
Current operations:
Processing online orders
Offline:
Brick-and-mortar outlet Karavali Fresh
Fish
Outbound logistics mainly concerned
with cleaning and packaging of the fish
prior to delivery
Value proposition for customers:
convenient fish shopping online and
Service
wedding photography)
Free registration for
customers (foster growth of
customer base, encourage
trials and prevent switching
to other channels online or
offline)
For photographers (value
proposition as a business system)
Registration fee for
photographers (entry barrier
for amateurs and low quality
photographers)
Bidding fee for
photographers in order to
prevent fake-bids
Transaction commission for
photographers (only up to a
certain amount in order to
prevent switching to other
channels online or offline)
Subscription to Free, Starter,
Awesome and Legend
options with increasing
facilities and therefore prices
Mainly online advertising
Satisfied customers as best
word-of-mouth marketing
No own offered photography,
printing or videography
service
For customers:
all necessary information
about wedding
photographers (e.g. verified
reviews and location)
Online and telephone-based
job-posting process
Online payment gateway
For photographers:
wedding photographers can
bid for customer jobs
meeting their needs (esp.
regarding price and location)
time-efficient job search
For customers:
order fish online and receive
same day delivery
four available categories of fish:
ocean fresh, shell, freshwater
and frozen fish & information
about availability and price
COD as customer-friendly
payment option (high level of
trust)
Supporting activities not covered yet (minor importance apart from technology development,
and procurement for fishbay.in)
Flatpebble.com
Teeces: Capturing
value of innovation
1) appropriability
regime
- ability to capture
value, determined by
the nature of
technology (e.g.
difficulty of imitation)
and the efficacy of legal
mechanisms of
protecting IPR. These
factors vary across
industries and
geographies
other factors: tacitness
complexity of
innovation.
legal mechanisms like
patents, trade secrets
Fishbay.in
Answers the question if firms can capture value from innovation. The
answer is dependent on three factors:
1) appropriability regime:
2) complementary assets:
3) dominant design paradigm
- currently, Flatpebble.com has a
first mover advantage
- moderate difficulty for online
photography and photo printingrelated websites to expand their
business into selling photography
services (for weddings and other
occasions)
- So far Flatpebble cannot benefit
from network effects due to its
limited size in the growing stage
(other competitors like Facebook
can)
innovation of moderate
complexity
- legal mechanisms like patents
or copyrights only applicable to a
limited extend
3) dominant design
paradigm:
de facto standard in an
industry (When a new
industry emerges it
struggles with the right
product/process initially
until it reaches a point
where a product/process
becomes a de facto
standard and gains
legitimacy)
- innovative customer-friendly
purchasing process of hiring a
wedding photographer (currently
the industry standard is
characterized by time-consuming
incovenient search processes on
supply and demand side)