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mylocalgreens




Opportunity Execution Project
Team UFNetwork
What is mylocalgreens?
 mylocalgreens is about bringing great tasting, local grown vegetables at
prices comparable to oversea imports to your doorstep. So how do we
achieve this? We recruit local growers to work with us following a system
we developed. We design special crop growing containers which allow
growing of crops in tiny spaces requiring very little supervision. The crop
containers which come complete with soil, compost, seedlings and fitted
with nutrient drips are provided free to certified growers who work regular
day jobs like most of us do.

  Our growers are passionate folks who sign on and learn our system
because they believe in the local food movement. They believe that local
food tastes better, have lesser environmental impact and offers a better
choice in food safety. They believe that local food supports the local
economy too. In fact, it's that believe and passion which ensures we put
the freshest produce on your table.
Business Model
Key Partners        Key Activities    Value               Customer              Customer
                    • promoting our   Propositions        Relationships         -Growers
• growers                                                 • Social network
• local farm
                      social media    •Singapore local                          -Farm produce
                    • recruiting                            community
  nurseries           growers
                                      food movement       • Point & badge
                                                                                 buyers
                    • improving       support               system
                      starter kits    • Fresh & healthy   • Training &
                      and methods     local farm
                    • harvesting                            guidance
                    • delivery        produces
                                                          Channel
                   Key Resources                          • Online retail via
                   • nursery &                            mylocalgreen.wee
                     central                              bly.com
                     distribution
                     facility
                   • staff

 Cost Structure                                    Revenue Streams
 • platform costs                                  •20% farm produces
 • grower starter kits                              rewarded for growers
 • nursery costs                                   •80% farm produces
 • logistic costs                                   taken for selling
Business Model
Model Explanations:

• Value Proposition
               Problems                                                      Our Propositions
       Concern about dependency                                    Local food movement support
  on imported foods (93% of total foods)
                                                                   Fresh local farm produces &
     Needs of fresh & healthy foods                                Speed delivery to customer’s home
• Customers
    - Target customer: mainly for residents in Singapore of age between 35 to 45 years.
     - By survey, about 20% of repliers answer that they will join community as growers.
     -Total residents of age between 30 to 45 years old: 918,200 people
      ref: Department of Statistics Singapore (http://www.singstat.gov.sg)                      - Our Target -
                                                                                                Significant
                                                              20%                               market size

                     918,200                              183,645
Business Model
Model Explanations:
• Channel
   Main Website: http://mylocalgreen.weebly.com
   Social Network: FB, Twitter, …
• Customer Relationships
    Medias & Methods                    Aims                   Why Continue with US?
                                  Idea Sharing & Exchanges       Funs & Enjoys
   Online Community               Updating Progress              Dynamic Interaction
                                 Busy life style support         Easy to Connect


   Point & Badge System            Visualization of progress       Encouragement
                                   and contributions

                                                                   Easiness to Enter
  Training & Guidance                Starting support &
                                     Development                   Dynamic Change
Marketing
 Strategy
 Focus efforts on recruiting early users and growers into
  community.
 Sell only to community. We envision that growers will also buy
  produce from other growers.
 Identify and reach out to early users aka 'locavores' through
  local food blogs, twitter, facebook.
 Reach out to personal network of friends, colleagues and
  acquaintances

 Results
 Potential growers are concerned with the time and effort
  required to grow crops; main request was to have a physical
  prototype available to view before deciding on joining as a
  grower. (Our team did not embark on building a physical
  prototype due to required costs)
Costs & Revenue Model
Costs
  Purchase and retro-fit HDPE storage boxes into 'self
   sustaining' growing kits.
  Pay Nurseries to plant seeds in growing kits until
   seedlings have sprouted.
  Labour cost – harvest crops.
  Delivery cost – driver, van, deliver produce to customers

Revenue Model
  Direct sales of produce through mylocalgreens.com.
Risks & Funding
Risks
  Low quality produce
      • mitigate by training growers until mastery is achieved
        before offering produce to community.
  Insufficient growers to support community
      • mitigate by offering potential growers reward points
        based on crop yield which can be used to buy other
        crops.
Funding
  We will adopt a boot strap model
  As Initial investment is low, estimated USD30,000,
   funding will be raised through family and personal savings.
Partners and Allies
  Partner with local farm nurseries to plant seeds in grower
   kits until seedlings have sprouted.
  Tap on knowledge from nursery staff to train growers.
  Use nursery as base to produce compost and retro-fit
   grower kits.
Our Teams
            People
             2 from Singapore
             1 from Japan
            Commons
             • Expensive
               accommodation
             • High percent
               of imported foods
             • Local food
               popularity
            Learned by
            teamwork
              •Culture exchanges
              •Customers’ needs
              in different places.
              •Exchanges of
              different wisdoms
              can bring new ideas

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Oep slides ver1.1

  • 2. What is mylocalgreens? mylocalgreens is about bringing great tasting, local grown vegetables at prices comparable to oversea imports to your doorstep. So how do we achieve this? We recruit local growers to work with us following a system we developed. We design special crop growing containers which allow growing of crops in tiny spaces requiring very little supervision. The crop containers which come complete with soil, compost, seedlings and fitted with nutrient drips are provided free to certified growers who work regular day jobs like most of us do. Our growers are passionate folks who sign on and learn our system because they believe in the local food movement. They believe that local food tastes better, have lesser environmental impact and offers a better choice in food safety. They believe that local food supports the local economy too. In fact, it's that believe and passion which ensures we put the freshest produce on your table.
  • 3. Business Model Key Partners Key Activities Value Customer Customer • promoting our Propositions Relationships -Growers • growers • Social network • local farm social media •Singapore local -Farm produce • recruiting community nurseries growers food movement • Point & badge buyers • improving support system starter kits • Fresh & healthy • Training & and methods local farm • harvesting guidance • delivery produces Channel Key Resources • Online retail via • nursery & mylocalgreen.wee central bly.com distribution facility • staff Cost Structure Revenue Streams • platform costs •20% farm produces • grower starter kits rewarded for growers • nursery costs •80% farm produces • logistic costs taken for selling
  • 4. Business Model Model Explanations: • Value Proposition Problems Our Propositions Concern about dependency Local food movement support on imported foods (93% of total foods) Fresh local farm produces & Needs of fresh & healthy foods Speed delivery to customer’s home • Customers - Target customer: mainly for residents in Singapore of age between 35 to 45 years. - By survey, about 20% of repliers answer that they will join community as growers. -Total residents of age between 30 to 45 years old: 918,200 people ref: Department of Statistics Singapore (http://www.singstat.gov.sg) - Our Target - Significant 20% market size 918,200 183,645
  • 5. Business Model Model Explanations: • Channel Main Website: http://mylocalgreen.weebly.com Social Network: FB, Twitter, … • Customer Relationships Medias & Methods Aims Why Continue with US? Idea Sharing & Exchanges Funs & Enjoys Online Community Updating Progress Dynamic Interaction Busy life style support Easy to Connect Point & Badge System Visualization of progress Encouragement and contributions Easiness to Enter Training & Guidance Starting support & Development Dynamic Change
  • 6. Marketing Strategy Focus efforts on recruiting early users and growers into community. Sell only to community. We envision that growers will also buy produce from other growers. Identify and reach out to early users aka 'locavores' through local food blogs, twitter, facebook. Reach out to personal network of friends, colleagues and acquaintances Results Potential growers are concerned with the time and effort required to grow crops; main request was to have a physical prototype available to view before deciding on joining as a grower. (Our team did not embark on building a physical prototype due to required costs)
  • 7. Costs & Revenue Model Costs Purchase and retro-fit HDPE storage boxes into 'self sustaining' growing kits. Pay Nurseries to plant seeds in growing kits until seedlings have sprouted. Labour cost – harvest crops. Delivery cost – driver, van, deliver produce to customers Revenue Model Direct sales of produce through mylocalgreens.com.
  • 8. Risks & Funding Risks Low quality produce • mitigate by training growers until mastery is achieved before offering produce to community. Insufficient growers to support community • mitigate by offering potential growers reward points based on crop yield which can be used to buy other crops. Funding We will adopt a boot strap model As Initial investment is low, estimated USD30,000, funding will be raised through family and personal savings.
  • 9. Partners and Allies Partner with local farm nurseries to plant seeds in grower kits until seedlings have sprouted. Tap on knowledge from nursery staff to train growers. Use nursery as base to produce compost and retro-fit grower kits.
  • 10. Our Teams People 2 from Singapore 1 from Japan Commons • Expensive accommodation • High percent of imported foods • Local food popularity Learned by teamwork •Culture exchanges •Customers’ needs in different places. •Exchanges of different wisdoms can bring new ideas