Music

Composition
Tools

Kirthi Bisoi
A20543727
Assignment 2
 Business Canvas Model
Value propositions:
Key Activities : Customer Relations :
Key partners : Customer Segments:
-Designing and developing music -Providing educational contents in the form
composition tools by analysing and of tutorials and guides.
collecting data, optimizing AI tools -Regular updates.
Key partners for a music
by selecting proper algorithms, Business: - User-friendly interfaces, privacy assurance,
composition tool in a
setting up secure connectivity, For a music composition tools the customization options, feedback collection, Customer segments in the
product canvas include
creating user-friendly interfaces, value propositions include community engagement, and responsive context of music
service providers, data
implementing automation by opportunities to increase revenue by customer support. composition tools consists
providers, integration
proper testing . increasing the efficiency, expand - These practices aim to attract customer of various categories such
partners, customization
market reach, enhance brand satisfaction, trust, and long-term loyalty by as independent artists,
expert, influencers,
- Providing user support, branding reputation, gain valuable data ensuring users have a positive and tailored podcasters, music therapy
bloggers, UX/UI
and website promotion. insights, improve customer retention, experience with the composition tools. professionals. Various
designers, customer
support, investors, and offer upsell opportunities. These persons can benefit from
- Considering all the legal and benefits arise from embracing it a different way.
marketing agencies,
ethical issues. innovative technology.
testing partners,
hardware providers, Channels :
legal and compliance Key resources : Customers :
advisors. Software: Systems for controlling Convenience, time savings, cost Channels include social media platforms like
and managing devices. Network efficiency, enhanced security, twitter, online platforms, podcasts, concerts,
Infrastructure: Reliable customization, innovation, user- events, blogs, customer support, They play a
connectivity for devices. Data friendliness, and sustainability and crucial role in enabling users to control and
Security Measures: To protect user continuous improvement can help to benefit from the composition tools.
privacy. Skilled. improve the customer experience.

Cost structure : Revenue system:

-Expenses related to software development and maintenance, network Subscription Models: Offering subscription plans and pay-per-use models.
infrastructure and manpower expenditures. Royalties generated by the company through user access.
-Customer support, marketing, research , insurance and legal expenses. Collaborations: Joint venture and alliances .
Concerts and revenue through copyrights are the other ways to generate revenue.
What are the key challenges that you faced in developing Product Canvas?

Security:
Addressing security concerns related to copyrights and data privacy.
User Experience:
Designing an intuitive algorithm and user-friendly interface for providing customization and
personalization for easy customer access.
AI Integration:
Developing and integrating AI features for predictive maintenance and energy efficiency .
THANK YOU