Tag Archive | "strategy"

Social Networking Web Site Or Company?


Scenario: The online social networking industry is growing rapidly with a variety of both personal and business oriented applications emerging tapping into the global marketplace. There are also many niche applications popping up, such as those targeting a specific geographic region, industry, or customer group. The Vice President for your company, Funder Mifflin Inc., recently approached you with a new social networking website that Research and Development designed. He explains that the company is extremely excited about the possibility of entering the industry and taking advantage of the growing demand for social networking. Your company has extensive technical experience and the ability to build most any feature into the website but they are unsure of what strategic direction to take when marketing the new website. For instance, should your company focus on a specific niche or keep the website more mainstream. Additionally, they would like to know the features, pricing, and marking strategy that would best support the new website. Given your background and management expertise, your company, Funder Mifflin Inc. would like to offer you a bonus for helping the company implement a strategic plan to get the new website off the ground. The Vice President explains that in order to receive the bonus, you will have to present a plan of action to the Board of Directors in order to obtain funding to launch the new product. The essay should cover the following with apa style applied:(5 references) The vice president of your company, Mr. Myers, has read over your last report, and he has decided that for you to fully understand the social networking industry, you must research a prosperous social networking Web site or company. He explains that you should use the researched social networking Web site as a benchmark and compare it to the needs of your company’s developing social networking Web site. the assignment, you must submit a report in which you research a prosperous social networking Web site and discuss how its core strength could help your social networking Web site jump into the global marketplace, you must address the following in your report: •Research a prosperous social networking Web site or company, and use it as a benchmark. •Discuss in detail the main objective of the researched social networking Web site or company. •Discuss the benchmark Web site or company’s core strengths. •Discuss at what extent the benchmark Web site or company strategy has been built upon a common set of resources and capabilities rather than specific customer needs. •Explain the principal resources and capabilities of the benchmark Web site or company. •Identify the benchmark Web site or company’s basis for formulating its strategy. •Explain what core strengths of the benchmark Web site or company would help your company jump into the global marketplace.

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What Are The Best Ways To Survive An Economic Downturn If You Risk Losing Your Job?


In the case of possible redundancy in the near future (If it’s your sole source of income) and the job market and global economy heading for potential disaster what possible risk mitigation strategy can be used to not only survive, but potentially overcome the financial consequences of a downturn? esp since lending is becoming increasingly difficult.
I was thinking possibly investing in relatively secure markets? But as a complete noob don’t really know which ones would provide generous risk free returns. Any ideas?
What about establishing your own business in a niche market? Is that feasible?

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What Kind Of Strategy Would This Company Be Applying?


I am doing an assignment about a company called Cash Connections. It is a company that basically purchases your gold and gives you money in return. They also offer services such as western union, bank transfers, etc. www.cashconnections.org
This is the question I have to answer:
What is Cash Connections strategy? Which of the five generic strategies discussed in Chapter 5 most closely fits the competitive approach that Cash Connections is taking?
I have to apply one of these generic strategies:
1- Best Cost Provider Strategy: -Make an upscale product at a low cost.
2- Focused (Niche Market) Strategy. Concentrate on narrow piece of market.
3- Focused (Low-Cost) Strategy. Offering a lower price than competitors.
4- Focused Differentiation Strategy: – Targets upscale buyers who want world class attributes (eg Rolex, Rolls Royce)
I was guessing it would be number one or two.

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Why Does The Idea That One Is Selling “secrets” Work As A Marketing Strategy?


Look at how many books claim to have “secrets”.
It seems a really juvenile idea to me.

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Can Manufacturer Be Wholesaler(manufacturer) And Retailer At The Same Time?


I am doing business plan for Bakery Shop. In preparing so I would like to know if I can distribute directly to wholesaler and at the same time be retailer for the passing by tourist. Is there any exaple of this kind in reality?
And any idea about niche strategy, tax and insurance?
This is for my class project.
Thanx

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Seo Competition Strategy Advice ……….?


To be honest, when I read the title of this blog post at SEO.com in my reader, I was expecting more. However, it raises a great point we don’t often hear about.
The idea of using averages to measure out the competition level of a niche/vertical/industry.
Anyone doing it this way?
Or are you mostly relying on data provided from SEO Elite, Market Samurai, TT, and manual indicators right now?
SEO.com hasn’t been known as the best SEO resource site on the web, but they revamped a few months ago and have been doing a much better job from what I have seen.

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