IDEA CANVAS

KEY PARTNERS
Who can you ask to invest their time
and energy into helping your idea?
ANSWER : Subject experts
What can you offer them in return for their
Investment?
ANSWER : we will offer them some percentage from profit as per their investment.

KEY ACTIVITIES

KEY RESOURCES
What materials should you invest in to help
develop your idea?
• software?
• physical prototypes?
ANSWER :
We should invest both to help in developing our idea.

YOUR IDEA
Depending on what you’re using
the canvas for, this could be a:
ANSWER : Business idea

AUDIENCE RELATIONSHIPS
What type of relationship do you want to
build with your audience?
ANSWER : We want to build the relationship of quality and trust with our audience.

CHANNELS
Consider different ways of presenting
or distributing your idea.
Are some ways more valuable than others?
ANSWER : we will present our idea through social media.
Our low price is valuable than others . People taking too much price for home automation. The
audience demand is that they are getting quality service but the the price is too high. In this way
we are more valuable than our competittos.

AUDIENCE SEGMENTS
Who is your idea for?
ANSWER : It is for the one who are living at home.
What are the values and needs of this group?
ANSWER : The values and need is that people can not control their electrical appliances from
anywhere. This service allows them to control their appliances from anywhere through app. They
can also secure/ protect their expensive items through this service
Why would this group find it valuable?
ANSWER :because they can save electricity from this service, if a person forget to turn off any
electrical appliances after leaving home they can turn it off later as well . They fell more secure
using this service.

THE COST OF YOUR IDEA

The entire left side of the canvas describes what you need to invest to get your idea off the
ground.
Summarize that investment in this box.
This could include:
• Time investment (How much time will be required to execute this idea? How is this time best
spent?)
• Human resources (Which collaborators should you invest in? How will they be compensated?)
• Monetary costs (What financial costs will your idea incur?)

THE VALUE OF YOUR IDEA

The entire right side of the canvas explains how your idea creates value.
Summarize that value in this box.
This could include:
• Social value (does the idea solve a social problem?)
• Academic value (why is this intellectually interesting?)
• Monetary value (how would you generate revenue from this idea?)