Blockbuster's original 'old' process:
The Proposed solution - 'new' process for Blockbuster :
Sunday, 26 February 2012
Wednesday, 22 February 2012
Solutions to the 4th Workshop:
The Youtube video which is
brief, informative and interesitng is http://www.youtube.com/watch?v=DXxCPgJ75QY&feature=related
Problems Encountered
|
Proposed ICT Application
|
Features
|
Too many middlemen for sale of goods
|
Website
|
Direct sales ot customers
|
Reduced order to delivery time
|
ERP across organisations
|
Online management of purchase orders
|
Better Inventory Management
|
ERP within and across organisations
|
Continuous and true sharing of
inventory with the suppliers
|
Improved demand forecasting
|
ERP within and across organisations
|
Continuous and true sharing of
inventory with the suppliers
|
Reduce manufacturing costs
|
ERP within and across organisation
|
A result of all the above
|
Too many middlemen for purchase of
goods
|
e-procurement
|
Direct purchase from suppliers
|
Wednesday, 8 February 2012
Solutions to the 3rd Workshop:
In order to invest in our online TV business, we need to choose a
strategy that will lead us to success.
Therefore by choosing the right-channeling strategy, will enable us in
prioritizing different communication channels in order to achieve prosperity in
the business. This approach involves tactics, which integrate different
channels supported by technology to reach:
1.
The right
people
2.
At the
right time
3.
Using the
right communication channel
4.
With a
relevant offer, product or Message.
Following the above strategy our priority list is listed below:
1.
Direct
subscription of individual (home based) customers
2. Lock in
suppliers (content producers) through an portal that offers rewards for latest
releases (movies, TV programmes)
3.
Advertising
in facebook® and through Google engine searches
4.
Pay per
view in hotels
Wednesday, 1 February 2012
Solutions to the 2nd Workshop:
Our company intends to focus on the following category
of customers:
·
Low income customers who are not
subscribing to any movies rental service for economic reasons.
·
Geographical segmentation to target
emerging economies like China, India etc.
·
New customer segmentation, to
target customers who are on the fence.
The social factors to be considered in such a
situation which are relevant are as under:
1.
Cost of access is an important aspect for low income customers and for customers
based emerging economies. While the cost of computers can itself be a
significant component, getting broadband is also a significant expenditure.
2.
Ease of use and fear of the
unknown: New users of the net can be very tentative about their approach to the
net. Approaching a person who is just starting to access the net to get on with
streaming a movie could be very daunting.
3.
Identification and focus on the
local content: Important for various markets that we intend to take our product
to.
4.
Value proposition: Customers need
to perceive the value of this company, that is buying TV channels/movies online will relieve them in many
ways. Two important aspects:
a.
the economical, by saving money on
TV license and low prices for renting movies/series.
b.
the ease of staying home and
enjoying the movie or episode whenever they want and for as long as they want
it.
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