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The 8 IMPORTANT ELEMENTS Of A BUSINESS DESIGN Marketing Essay

Nowadays, many housewives endeavor in to the market because of the urbanization and modernization in the centre East and UAE in particular to help their husbands to get over the life challenges which begin to come in the previous century and boosts every day. With this craze increasing than before, most of the working housewives are compelled to employ maids and nannies to help them inside your home keeping and raising children. But an integral issue in hiring maids is to find a proper the one which can be respected to the work designated to her proficiently and effectively. However, the maids and nannies market will not to able up to now to fulfill the needs of its clients. In most scenarios, the sponsors are obligated to pay a high sum of money, but still struggling to get the sort of service they require.

Spotlight on traditional ways:

There are 2 ways in the UAE, to employ a maid

Sponsor the maid.

The cost of sponsoring a maid in the UAE is too expensive. The family must pay the entire amount before they get any services from maid. Sadly if they are unhappy with the maid or if the maid doesn't recognize the work, the whole amount will be absent in the air and they can't get it back.

Hiring a maid via an office.

Hiring a maid through an office is the other alternate which is very costly, and requires the sponsor to connect to a third a celebration.

Business Idea:

Our business idea seeks to build an online site that clients can use to employ a maids.

Functionalities and properties:

The advantage of using a website over the original methods would be that the sponsors can write reviews about the maids they employ the service of, and so are the maids. Also all the trades are created online, so the sponsor does not have to go the office by himself.

Use circumstance1: the sponsor accesses the website for the very first time and creates a free of charge account and valid legal documents. His software is researched by the website management, a review is sent to the sponsor to point whether his/her request is accepted or refused. If his software is accepted, he can start hiring maids

Use circumstance 2:

The sponsor accesses the web site, search for a maid or choose one of the top rated maids. The sponsor can see reviews discussed each maid by her earlier sponsors and consequently he chooses and books a maid, and makes the payment. The maid is enlightened about the sponsor, who is asking for her services therefore she can view reviews about the sponsor and admit or decline the positioning, if she allows she is sent to the sponsor place.

Use scenario 3:

After the services of the maid are concluded with a particular sponsor, the sponsor can go online and rate the maid therefore for the maid she can rate the sponsor.

Costs:

First of all, we will use a site called http://www. windowsazure. com/en-us/pricing/calculator/ as part of "Cloud" that compute the cost of the program & Hardware as below"

Reserving 2 large "Virtual Machines" with (4 x 1. 6GHz CPU, 7GB RAM) will cost $357. 12

SQL Repository size of 64GB will definitely cost $108. 40

Bandwidth of 1000GB will definitely cost $92. 54

Total per-month is $558. 05

For our project we included the 8 IMPORTANT ELEMENTS of a Business Model as below:

Value proposition:

The offer price is the value guaranteed to be sent to and opinion in the worthiness for the clients who will put up with. The value proposition can connect with the entire organization, or customer accounts, services or software.

Creating a proposition of a value is a part of business strategy. Saied, Kaplan and Norton: "A strategy based on consumer value proposition to differentiate. Customer satisfaction is the source of lasting value creation. "

Develop a value proposition based on a review and evaluation of costs and benefits and the worthiness that the organization can provide to their customers and potential customers, and the other group includes both outside and inside the organization. Additionally it is the positioning value, where value = benefits - Cost (cost includes risk).

Neil Rackham thought that the value proposition statement should have four main parts: the power and influence, and also to prove, and the value of

Organizations that aren't directly related to the drawback of the process of fabricating a value proposition (i. e. request and templates value proposition) to the masses of Foreign Affairs, the application of the value proposition are inner documents and are blueprint that is employed by the organization to ensure that communications that communicate within and outside the organization, consistently. Some of the ways that organizations use the proposals contained in the meaning of article marketing communication in sales or offers.

Marketing Strategy and

Organizations can use the values of proposals to place a value in the range of substances such as:

Customers: to make clear why customers buy from suppliers (see customer value proposition).

Partners: to convince them to create a proper alliance or joint venture.

Internal parts: to impact the result of business decisions. For instance, you can use the IT department's value proposition to encourage the board to support the funding of assignments.

Staff: for the "sales" of the company in selecting new people, or even to keep and stimulate existing staff. That is sometimes known as human resources or staff value proposition.

Suppliers of detailing that why you need to desire to be a professional of resources for the organization or customers?

Revenue model:

Revenue model is pertains to the procedure of the system design by which a company validates its services such as "Online Shopping" which means that An web store or e-commerce is a form of electronic commerce where consumers immediately buy goods or services from a owner over the Internet with no mediation of Internet shop, online shopping, online store or virtual store evokes the physical analogy of buying products or services at a brick-and-mortar merchant or shopping center. This process is called business-to-consumer (B2C), online shopping. When a business will buy from another business it is named business-to-business (B2B) or online shopping. The web's greatest firms are Retail E-Bay and Amazon. com, both which are American.

Market opportunity:

Market opportunities, benefits or need unsatisfied after having a company or group to do this goal to meet market opportunities, also called an incident to determine the market demand for goods and services are not exploited in existed companies or institutions that can meet this requirement, as defined as demand, which can be used institution.

Opportunity showing the marketplace, if the business gets the potential to attain a gratifying thought, much better than the competition on the demand for a particular product or if the marketplace demand for a specific product or service, a company can use and begin to offer so long as there is absolutely no competition.

Market analysis examines the attractiveness of the market and the dynamics of the special in the special branch. It is part of industry research, and this, subsequently, the global environmental research. Through many of these analyzes opportunities, strengths, weaknesses and threats to the company can be recognized. Finally, by using SWOT-analysis, adequate business strategies will be specific. Analyzing the market also known as a documentary study of the market, which is employed to inform planning for the firm, especially around solving inventory, purchase, employees enlargement / contraction, development of facilities, procurement capital equipment, promotional activities as well as much other areas of the company.

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