Group 3. Marie Nikki R. Martinez M997Z208 Marko Marinic M997Z206 Anja Grgic M997Z205.

8
Group 3

Transcript of Group 3. Marie Nikki R. Martinez M997Z208 Marko Marinic M997Z206 Anja Grgic M997Z205.

Page 1: Group 3.  Marie Nikki R. Martinez M997Z208  Marko Marinic M997Z206  Anja Grgic M997Z205.

Group 3

Page 2: Group 3.  Marie Nikki R. Martinez M997Z208  Marko Marinic M997Z206  Anja Grgic M997Z205.

Marie Nikki R. Martinez M997Z208 Marko Marinic M997Z206 Anja Grgic M997Z205

Page 3: Group 3.  Marie Nikki R. Martinez M997Z208  Marko Marinic M997Z206  Anja Grgic M997Z205.

o It all started with a trip to the mall.o Dunlap thought of a solution that could help

most shoppers: A SEARCH ENGINE WHERE SHOPPERS CAN GO ONLINE TO SEE IF A PRODUCT IS AVAILABLE AND WHERE IT’S THE CHEAPEST.

o Dunlap wrote his idea on his “idea” logbook.o Partnership with Redpoint ventures allowed

him to launch his ideas.o NearbyNow wasn’t incorporated until after a

feasibility analysis.o Dunlap built a team, raised funding and built

the service.

Page 4: Group 3.  Marie Nikki R. Martinez M997Z208  Marko Marinic M997Z206  Anja Grgic M997Z205.

1. A shopper searches for the product on the mall’s website.

2. Page through listings to find the item you want. Availability of goods may sometimes be reflected and reservation may be done.

3. You’re asked how you’d like to be notified to make sure product is in stock, either e-mail or text message. You’ll usually hear back in 10 minutes or so.

4. If the item is available, you go to the store to buy the item. If it isn’t available, you may be given the option to purchase online.

Page 5: Group 3.  Marie Nikki R. Martinez M997Z208  Marko Marinic M997Z206  Anja Grgic M997Z205.

Who is the target?

Do people need NearbyNow service?

Is OFFline shopping still in the game?

NearbyNow wasn´t build before feasibility analysis was finished

Page 6: Group 3.  Marie Nikki R. Martinez M997Z208  Marko Marinic M997Z206  Anja Grgic M997Z205.

NearbyNow service is straightforward Limitations: How accurately stores track their inventory Participation (high-end retailers)

How does NearbyNow make money-> ads and revenue sharing arrangements with retailers

Page 7: Group 3.  Marie Nikki R. Martinez M997Z208  Marko Marinic M997Z206  Anja Grgic M997Z205.

Learning the unexpected Case of Nintendo's Wii Future Growth In 2010 JiWire Acquired NearbyNow

Page 8: Group 3.  Marie Nikki R. Martinez M997Z208  Marko Marinic M997Z206  Anja Grgic M997Z205.

Thank You!!