The Finance Options Beyond The Traditional Model And Our Business Development Plan

One of the key roles of social media from a marketing perspective is the development of a client based platform. It is becoming an increasingly important part of any business’s marketing. Businesses can utilize existing online platforms to build networks of current and potential clients. By being active online allows businesses to connect with their customers in innovative ways to become a trusted source of information and convey the passion they have for their industry.

Dell developed a social media program that helped solve customers’ problems, improve Dell’s reputation, and educate customers. It depended on social media to improve sales, predict trends of the market and create the better brand perception online. The company builds the business case for social media, which creates an astonishing model to reduce costs. By putting more problem-solving online, it reduces the volume of calls their customer service representatives receive. By finding trends that that might turn into big problems earlier, they can prepare solutions faster and by having more

This can be seen in financial service providers such as banks, stockbrokers and insurance companies cannot do further business today without having their client-server-based information’s via technology. Internet based technologies, marketing have become more interactive and real time.

Social media is not new. Facebook has been around since 2004, YouTube since 2005, and Twitter in 2006. What is new is how social media sites like Facebook, YouTube and Twitter are affecting the way businesses market their products and services. Never before in our history have consumers been able to communicate so effortlessly with each other and with the businesses they frequent. Never before have businesses been able to interact and react to customer feedback so quickly and efficiently. However, just because businesses have the ability to use social media for their marketing and advertising efforts, does not necessarily mean they should. This paper intends to

A good example is a children?s clothing store. They must be able to understand what has made their competitors like Carter?s and

We cannot deny how big of an impact social media has on our lives now, not only on people but businesses too. It has opened a whole new door to the business world and given them a big opportunity to interact and attract a larger amount of customers. It’s given us a new and faster way of communication by exchanging pictures, stories, news, blogs, online discussions, etc. In exchange businesses have benefited by a long shot just by the click of a button. With the help of the Internet a company no longer is dependent on a particular customer base to survive because now it can reach out to a worldwide audience within seconds. It’s imaginable the countless business attributes of all social media to this day and still is growing. Social media

Crowdfunding is a phenomenon that emerged over the last ten years. It started with donations and reward-based crowdfunding and morphed into an option for companies to gain assistance in funding their product or idea. Studies indicate crowdfunding eliminates the geographic restrictions experienced in venture capital without giving up control of the business (Agrawal, Catalini, & Goldfarb, 2013). As crowdfunding matures, it can become more than a financing contrivance and develop into a way individuals can participate in shaping their environment through meaningful projects.

Finances can be described in many ways. Throughout life we all use finances in some type of way. Whether it’s loaning money to a friend or borrowing money from the bank. Without financing we would not be able to complete most of the things that we need to do in our day to day life. It plays a very important role. There are many different ways to financing your own business. Whether you use the stock market, an investment banker or any of the numerous other organizations that are made available to you. What are the risks involved with using an investment banker? What is the stock market? What is financial

The Healthy Potion business (HP) specialises in producing and selling a unique drink called Healthy Potion, which includes cold water with some special concentrate from northwestern China. Recently the business has been developing well and making significant amount of profits. In order to maximise this return and minimise the risk of relying on the profit earned from one product, the business is willing to broaden their product range and have put aside $200 000 for this investment. This case study will give in an in depth strategic analysis for new business development and evaluation of debt and equity financing.

Today, many businesses are experiencing the effects of social media. Government, businesses, and communities interact through social media and use it to access their investors and potential customers. According to Donovan (2016), “Most types of businesses today make use of different tactics and techniques to make a significant exposure of their website to its target customers.” The goal is to use social media to maximize their potential in order to be one of the strongest participants in the business world.

External customer requirements may be gathered and transformed into specific, actionable process improvements using quality function deployment, a well- structured product development process which dictates what the market requires into a program to create, manufacture, and deliver it. However, teams should collaborate to arrive at a common understanding of the customer needs and determine the appropriate technical requirement of each stage. As soon as customer expectations are met, customer satisfaction will improve, resulting in a take-back of market share and an increase in revenue.

The study also introduced a new business model in the social media & digital age being the “everyone-to-everyone” or e2e economy. What makes it different from the two major types of e-business (Xu & Quaddus, 2010) being business-to-business (B2B) and business-to-consumer (B2C) that we have come to know of is the creation of business ecosystems that focuses on the individual customer, the level of customer experience and engagement, freedom of movement, highly interactive, transparent and promote synergetic existence among industry players. The growth of online transactions as well as influence of social media on customer buying decisions are expected to grow exponentially over the coming years. In order to stay relevant in this fast

In 2012 more than 44000 entrepreneurs with their coming up business have been registrated there. Most of them based on IT or Internet such as the famous success of online retailer Zalando. Those young innovative companies, as start-ups are described, have a high potential development. This type of structure is generally a temporary organization created to search for a suitable business model and to find out an appropriate market. On their way they “lead to a healthier economy and provide an opening into a highly competitive and largely impenetrable job market”. They can reduce unemployment levels significantly. As a result of globalization the increasing competition between small businesses, forces start-ups to develop their products quicker, more efficiently, and cheaper, working on and perfecting their product before it hits the market, which streamlines business and encourages market competition. So their demand is secured and time and resources are saved in the long run. However, most of the start-ups will never find enough investments and will die before coming on the market. So what options does such a company have to finance itself in the current market? How can we prevent to fail because of inadequate capitalization and secure these important resources? What does a life cycle of start-ups looks like? How many options do we have and which financing is useful at what stage?

Quality Function Deployment (QFD) is changing the way that items are outlined, created, and promoted. The QFD philosophy comprises of an arrangement of instruments for building the voice of the client into item designs. QFD really is a four-stage approach in which the item advancement group conveys client necessities into item characteristics, QFD is built inside the place of value House of Quality (HOQ) through an outstanding technique. The HOQ is a key device to help organizations in creating items that fulfill client needs. QFD is built inside the place of value (HOQ) through an outstanding procedure to listen to the voice of the customer study comprises of an all-encompassing. QFD application involving both subjective and quantitative investigation strategies in after deals administrations at a main development hardware maker. Firm QFD recognized the most critical client desires as competency and experience of representatives, quick ID of item imperfections, great client benefit amid the guarantee time frame.

Quality function deployment (QFD) is originally developed by Dr. Yoji Akao in Japan in 1966. It had been implemented by Dr. S. Mizuno. QFD is a method to transform requirements of customers to products design. The purpose of QFD is to investigate the most important elements to develop product that closely meet the needs of customers. According to Akao (1990), QFD is one of the technique to ensure the design quality while the product is still in the design stage.