Authors: Anton Kurniawan, Yos Sunitiyoso
Published on: May 10, 2024
Impact Score: 7.6
Arxiv code: Arxiv:2405.06193
Summary
- What is new: Using the design thinking concept to redesign Siklus’s business model after regulatory challenges.
- Why this is important: Siklus faced decreased customers, sales, and profits due to warning from BPOM regarding its refill method for personal care products.
- What the research proposes: A new business model, ‘Return from Home’, developed through design thinking to address and resolve the challenges faced by Siklus.
- Results: ‘Return from Home’ was selected as the new viable business model for Siklus.
Technical Details
Technological frameworks used: Design thinking
Models used: nan
Data used: nan
Potential Impact
Personal care and home care retail markets, specifically in sustainable product distribution.
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