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Changing Environment Is Extremely Important

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Changing Environment Is Extremely Important

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Changing Environment Is Extremely Important

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Discuss about the Changing Environment Is Extremely Important.
 
 
Answer:

Innovation is the key to success. In today`s changing environment it is extremely important for a business to see to it that it innovates continuously in order to ensure that it can adhere to the given needs of the different customers. Having stated that, the given business plan highlights an innovative business idea which is unique and new.

The product that has been discussed is a mobile application which helps the given consumer to locate psychologists in their neighborhood area. The users can book mark the psychologists that they find suitable for themselves.
The users will be required to register on the application with their email address so that it becomes easy to form their account and conduct regular activity.
On the psychologist’s side, they will be certified health professionals who will be providing their business details, services and the location. They will also be providing emergency services. Hence, briefly stated the application helps in connecting the psychologists to their clients.
The primary benefits of the given application will be that it is user friendly and gets accessible using a Wi-Fi connection. The psychologists can further expand their client base also.
The primary strength of the business plan is that the application is free and the customers get all the information about the business plan.
However, the main threat is that the idea has not yet registered for a patent and hence, it can be easily copied by anyone and everyone.
Although there are no main competitors, there does exists and online platform which provides therapy online and can diagnose the mental illness online.
The marketing and advertisement of the given application aims to build brand awareness through different modes of advertising campaigns.
This shall help the company to increase their consumer base and avail the services of the psychologists. The advertisement strategy also aims to target the psychologists and increase their business as well.
The company had set certain targets whereby they had aimed to get around 34-45% psychologist enrolled into the business. They will be charged fees of roughly 100 Euros a month to avail the services. Along with this they will also be charged a finder fee. This will comprise of the main revenue model of the given business.
The company aims to conduct various social media advertising campaigns and linkages with medical health charities for promotional events.
For the development of the app various surveys will be carried out in order to figure out what the customers actually look out for in the application.
The application will make use of cloud technology which is the latest development and also hire a software developer to design the application.
The software used in the application will make use of a system analyst which shall help the customers to use the technology effectively. The IT team will be outsourced.
Lastly, a risk management plan has been formed in order to see to it that all the outcomes are planned for in an appropriate manner.

Hence, the given business plan has incorporated all aspects of a business plan and made suitable considerations for the same.
 
Innovation is the key to success. In today`s changing environment it is extremely important for a business to see to it that it innovates continuously in order to ensure that it can adhere to the given needs of the different customers. Having stated that, the given business plan highlights an innovative business idea which is unique and new

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