Business model
Value proposal
star- Versatile Design: The shoe spring attachment is designed for multiple users, accommodating various foot conditions and shoe types, making it versatile and inclusive.
- Affordability: Offered at a competitive price point to ensure accessibility for a wide range of patients, including those in rehabilitation and chronic pain management.
- Enhanced Comfort: Provides effective shock absorption and arch support, alleviating heel pain and promoting mobility.
Key resources and partners
vpn_keyKey Resources
- Manufacturing Capabilities: Access to injection molding technology for efficient production of the shoe spring attachment.
- Marketing Expertise: Partnerships with marketing firms to enhance brand visibility and outreach strategies.
- Product Design Team: Skilled designers focused on creating user-friendly products that meet clinical needs.
Key Partners
- Medical Institutions: Collaborations with hospitals and clinics for product testing and endorsements from healthcare professionals.
- Physiotherapists: Partnerships with physiotherapy practices to recommend the product during rehabilitation sessions.
- Association of Medical Engineers of Kenya: Support in ensuring compliance with medical device standards and regulations.
Potential clients, users and channels
peopleClients and Users:
- Individuals suffering from chronic foot conditions (e.g., plantar fasciitis, heel spurs).
- Patients in rehabilitation for foot injuries (e.g., stress fractures).
- Elderly individuals seeking additional support for mobility.
- Healthcare providers (podiatrists, physiotherapists) recommending the product.
- Orthopeadic departments of Hospitals
Channels:
- Direct sales through an online platform and e-commerce sites.
- Partnerships with local biomedical supply companies for distribution.
- Collaborations with hospitals and rehabilitation centers to reach patients directly.
- Participation in medical camps for community outreach.
Relevant documentation for device production and use
insert_drive_file- Quality Assurance Certificates: Documentation ensuring compliance with safety standards for medical devices.
- Assembly Drawings and Instructions: Detailed guides for assembly and installation of the shoe spring attachment.
- User Manuals: Comprehensive instructions for end-users on how to properly use the device.
- Testing Protocols: Documentation of testing methods used to verify functionality, safety, and performance.
Analysis of costs, production, supply chain and services to clients
monetization_onProduction Costs:
- Raw material purchases (EVA foam, springs).
- Injection molding costs associated with manufacturing the device.
- Labor costs related to production processes.
Supply Chain Costs:
- Marketing expenses incurred during promotional activities.
- Warehousing and packaging costs for storing finished products before distribution.
Services to Clients:
- Training costs associated with educating healthcare providers about the product.
- Ongoing marketing costs to maintain visibility in the market.
Growth strategy
show_chartShort Term (3 Years):
- Focus on product validation through quality assurance certification and clinical trials.
- Establish partnerships with at least five major private hospitals in Nairobi for product testing and recommendations.
- Gather user feedback to iterate on design improvements based on real-world usage.
Long Term (6 Years):
- Achieve first sales milestones leading to positive cash flow.
- Expand market reach into the East African region by establishing distribution networks through partnerships with local suppliers.
- Explore opportunities for product diversification based on emerging user needs or technological advancements.