Pillsbury Cookie Challenge
Autor: kelea • January 28, 2017 • Coursework • 318 Words (2 Pages) • 757 Views
Strengths
• Experienced computer programmers in iOS – valuable capability but not rare
• Idea identified from personal (Lebedzeu’s) experience with target market’s needs and wants
• Small start-up – innovative, flexible and can make decisions quickly
• Product contains the same features of an existing popular app in a different category (UrbanSpoon)
• Product introduces new feature to permit user submission of content (activities) – potential to leverage network effects and increase self-sustainability of product once established
• Product already developed on iOS platform – potential early-mover advantage in category
Weaknesses
• Low financial and human resources
• Low marketing capability within the company – e.g. little market research conducted, unclear on basic marketing techniques
• No experience/capability in Android OS programming – Android has a large and rapidly growing market share of MOS. Capability takes 6 months to develop in-house, a long time in the ‘tech’ world.
• Low/no established content and community (network) makes product idea easily imitable
• No current market presence, brand/mental availability not established – low market response to marketing mix
Opportunities
• Increasing demographic/geographic diversity in internet usage, particularly use of social networks and online communities
• Growing online advertising and mobile app markets
• ‘Technology
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