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A startup in the food delivery industry is struggling to attract investors Which component of the Business Model Canvas should the company focus on to enhance its attractiveness to potential investors, and how could they leverage it effectively? Key Partnerships - Form strategic alliances with local restaurants to expand the menu offerings. Revenue Streams - Introduce premium subscription services for faster delivery options. Key Activities - Invest in technology to optimize delivery routes and reduce operational costs. Customer Segments - Target niche markets such as office lunch deliveries or late -night snacks.

Question

A startup in the food delivery industry is struggling to attract investors Which component of the
Business Model Canvas should the company focus on to enhance its attractiveness to potential
investors, and how could they leverage it effectively?
Key Partnerships - Form strategic alliances with local restaurants to expand the menu offerings.
Revenue Streams - Introduce premium subscription services for faster delivery options.
Key Activities - Invest in technology to optimize delivery routes and reduce operational costs.
Customer Segments - Target niche markets such as office lunch deliveries or late -night snacks.

A startup in the food delivery industry is struggling to attract investors Which component of the Business Model Canvas should the company focus on to enhance its attractiveness to potential investors, and how could they leverage it effectively? Key Partnerships - Form strategic alliances with local restaurants to expand the menu offerings. Revenue Streams - Introduce premium subscription services for faster delivery options. Key Activities - Invest in technology to optimize delivery routes and reduce operational costs. Customer Segments - Target niche markets such as office lunch deliveries or late -night snacks.

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Answer

4.1232 Voting
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SamuelProfessional · Tutor for 6 years

Answer

B

Explain

While all components of the Business Model Canvas are essential and interconnected, for enhancing attractiveness to investors in the startup realm, focusing on "Revenue Streams" can be crucial. Investors are often looking at businesses that can rapidly scale and generate sustainable streams of revenue. In the case of a food delivery industry startup, introducing premium subscription services for offering faster delivery options could be a game-changing strategy. It means that by allowing customers to subscribe and pay continually for a more valuable level of service, this contributes to earning predictable and recurring revenue which makes the startup more appealing to new investors. Alongside this premium feature, maintaining competitive pricing with a focus on delivering profitability can reinforce financial sustainability and growth potential. Therefore, the right option is B "Revenue Streams - Introduce premium subscription services for faster delivery options". However, all the other options also lead towards strategic strengthening and should not be overlooked. Their implementation may follow upon securing the initial favorable response from investors through a solid plan for revenue generation.
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