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Introduction In this paper I will be discussing the environmental analyst, target market,

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Introduction In this paper I will be discussing the environmental analyst, target market, consumer decision making process and last but not least the four p’s of marketing of The Waiter Button. This product is designed for business owners who operate lounges, bars, clubs, and restaurants. The product has a few key features that can help owners of these establishments improve customer service due to less wait time, efficiency, and tailored customer’s service. For instance, a business who owns The Waiter Button allows the customer to signal the waiter by pressing the button that is either located at the middle or/ and the side of the table depending on owner’s preference. The product also has a water button that allows the waiter to …show more content…

One of the key factors contributing to this market growth is increasing need to develop competitive strategies (PRWEB, 2013). The business information markets have also been witnessing the increased penetration of smartphones and tablets. However, the increased availability for free information could pose a challenge to the growth of this market (PRWEB, 2013). Furthermore, as original as this idea is, competition still exists. There are only three competitors that have the same or similar product as The Waiter Button; and all three are based online. The first competitor is www.Call-personnel.com, their products are designed for business owners to purchase as a hand watch or/and as a remote control. My product has an advantage because their company’s website is only written in Russian, which can confuse other customers who are not familiar with the language. The products also have an unappealing look. They also only ship their products to Idaho which equals to a smaller market and a decrease in sales. The second competitor is www.Witop.net. They also sell hand watches and remote controls but they also sell time clocks for waiters. However, my service is better because, their website is constantly under construction. In this case, they are not able to have the product available for customers to purchase conveniently, and this can cause a decrease on company’s credibility and sales.

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