PM Guarino
PM Guarino
PM Guarino
Group 3:
Costa
Guarino
Noverro
Perez
1st Business Proposal
1st Business Proposal
Titles
- Enhancing Customer Satisfaction and Loyalty in Online Retail Tech Stores: A
Strategic Approach for Specializing in Electronic and Computer Devices
Scope
- We offer a wide variety of electronic and computer devices.
- The website is user-friendly and provides personalized product
recommendations along with detailed installation guides.
- We provide sales promotions, discounts, and loyalty programs to enhance
customer engagement and retention.
1st Business Proposal
Limitations
- Staffing and Budget Constraints: The business can be understaffed, and
there is an inefficient budget allocation, limiting growth and operational
efficiency.
- Supplier Dependence and Supply Limitations: Dependence on suppliers
can lead to limitations in available stock and supply chain disruptions.
- Lack of Physical Interaction: Customers cannot physically interact with
products before purchase, which may affect their buying decisions and limit the
assistance and technical support we can offer.
1st Business Proposal
Limitations
- Website Performance: The website is underdeveloped and exhibits
slower performance due to budget constraints, impacting user
experience.
- Customer Service: Response rates are slow, and there are delays in
shipping, leading to customer dissatisfaction.
- Trust and Credibility: Building trust and credibility is challenging due to
limited customer reviews and influence in the market.
1st Business Proposal
Limitations
- Price Competition: The company faces intense price competition and struggles to offer
a wide range of products compared to larger competitors.
1st Business Proposal
Target Audience:
- Gamers
- Content Creators/Vloggers
- DIY and Tech Repair Enthusiasts
- Tech Enthusiasts and Early Adopters
Target Location:
- National and Local
1st Business Proposal
Gap Analysis
1. Identify the Focus Areas
- Trading Goods and Services Online
- Online Marketing and Customer Satisfaction
- Technical Support and Customer Service
1st Business Proposal
Gap Analysis
2. Define Desired Future State
- Develop a fully functional, user-friendly website with personalized
recommendations and suggestions for individual users.
- Expand and increase online traffic by at least 70% and improve conversion
rates by 50% to drive business growth.
- Achieve absolute customer satisfaction and ensure customer consultations are
resolved within working hours.
1st business proposal
Gap Analysis (SWOT)
Strengths Weaknesses
- Variety of Products - Lower Overheads - Inventory Issues
- Agility in Inventory - Fast Service - Price Competition
- Expertise Staff - Return/Refund - Supplier Dependence
- Excellent Customer Service - Weak Online Influence
- Loyal Programs - Brand Trust
Opportunities Threats
- Improvement for Online Store and Digital - Tough Competition among top brand online
Marketing tech stores
- Custom Built PCs with personalised tech - Supply Issues Inflations
solution - Vulnerable to Cyber Attack that might risk the
- Market Expansion customer data
- Eco friendly initiatives
2nd Business Proposal
2nd Business Proposal
Titles:
• “Revolutionizing Game Distribution: Business Plan for an Open Platform Game
Marketplace”
• Why do people love playing video games? Studying the impact of video games
on our daily lives.
2nd Business Proposal
Scope:
1. Includes various genres such as action, adventure, role-playing, simulation, sports, and strategy.
2. Used as educational tools for teaching subjects like mathematics, science, history, and language.
3. Having social interactions like online multiplayer games that have platforms for socializing, teamwork
and competition.
Limitation:
1. High engagement levels, video games are highly engaging and can capture the attention of users
for extended periods.
2. Massive and growing global customer base, especially among younger demographics
3. Technological Advancements, continuous technological improvements enhance graphics,
gameplay, and overall user experience.
Weakness:
1. High development costs, developing high-quality games is expensive and time-consuming.
2. Market saturation, the market is crowded, making it difficult for new games to stand out.
3. Technical issues, bugs, glitches, and server issues can lead to negative user experiences and
backlash.
2nd Business Proposal
Gap Analysis (SWOT):
Opportunities:
1. Emerging technologies, opportunities in VR, AR, and AI can lead to innovative gaming
experiences.
2. Cross-platform Play, increasing demand for cross-platform gaming can attract more users.
3. Mobile gaming, the increasing penetration of smartphones expands the potential market.
Threats:
1. Cybersecurity threats, risks of hacking, data breaches, and cheating.
2. Piracy, illegal distribution of games can lead to significant revenue losses.
3. Concerns over the environmental impact of the gaming industry
3rd Business Proposal
3rd business proposal
Titles:
- AI Comments Your Code
Gap analysis
Key areas:
- AI
- Free and Open Source Software (FOSS)
3rd business proposal
Gap Analysis:
Desired features:
- An AI assistant that provides comments and/or overview of what’s the purpose of a
block of code/s; seeing its functionality, parameters, and return value.
- With just one shortcut key or a click, see the options on how the AI will comment on
the code. Either explaining the relationship of each code block, how it performs
things, and what things does this code do.
- Have its users also use the AI model through the use of our cloud computers
(servers) instead of having them run the model with their local machine.
3rd business proposal
Gap Analysis:
Desired status-quo:
- Customers can differentiate the product from potential AI-powered code assistant competitors like
GitHub Copilot and ChatGPT by focusing specifically on code summarization and documentation.
Gap Analysis:
Status-quo (competitors):
➔ Multiple potential competitors:
◆ Github Copilot (Microsoft)
◆ ChatGPT (OpenAI)
◆ Llama (Meta)
◆ Claude 3 (Anthropic’s)
◆ Gemini / Bard (Google)
3rd business proposal
Gap Analysis:
Status-quo (competitors):
➔ Only one concrete competitor exist for auto-documenting a code base [1]. The
features include as stated in its product description:
◆ “Simply provide the path-to-file you wish to document, and AutoDoc-
ChatGPT will generate a detailed description of its functionality,
parameters, and return values in natural language.”
3rd business proposal
Gap Analysis:
Status-quo (competitor’s value):
- The interface is command line based (CLI)
- FOSS
- Leverages a reverse engineered ChatGPT API (need to be connected to the
internet, also against OpenAI’s Terms of Service)
3rd business proposal
Gap Analysis:
Status-quo (our product’s value):
- There aren’t any easy ways to read an undocumented code, and so is trying to
learn the codebase.
- Too little competition in developing software that can automate the description
of what the heck they are looking at (code) directly at their code editors or
IDEs.
3rd business proposal
Gap Analysis:
Make things clear:
• Product (FOSS & binary)
• Service (Cloud computing LLMs & support for the LLMs)
3rd business proposal
Gap Analysis:
Status-quo (monetization of FOSS):
- Example of FOSS company: Red Hat. They earn money by selling
“support/help in using their products.” In which the product itself literally
supports the infrastructure’s product of thousands of companies. The product
that this business proposal has only serves as a productivity tool for
developers – not much of a groundbreaking feature.
- Through Software as a Service (SaaS)
3rd business proposal
Gap Analysis:
Status-quo (monetization of FOSS):
- Tensorflow
- PyTorch
3rd business proposal
Gap Analysis:
Status-quo (monetization of FOSS):
- Most FOSS earn if they are the infrastructure itself. Also having a huge
backing.
3rd business proposal
Gap Analysis:
Status-quo (pending study):
- [To be known at the survey] People who write code prefer to read the
comments than the code themselves. And know if documentation seems
lacking or too confusing in accordance to their experiences.
3rd business proposal
- Weakness:
- Lacks advertisements
- The product is dedicated to be a FOSS
- May lack monetization
3rd business proposal
- Threats:
- People will opt to instead use the ai chats to comment on their code.
- Youtube channels may publish free tutorials on how to compile the product
References
[1] https://github.com/awekrx/AutoDoc-ChatGPT
Thank You
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