UNITVINFORMATION.docx

1

Table of Contents for PH 6Assignment 13Assignment 24Assignment 36Assignment 49Assignment 512Assignment 614Assignment 716Assignment 818Assignment 920Assignment 1023Assignment 1125Assignment 1227Assignment 1329Assignment 1432Assignment 1533Assignment 1635Assignment 1738Assignment 1839Assignment 1941Assignment 2041Assignment 2142Assignment 2244Assignment 2345Assignment 2446Assignment 2547Assignment 1

1. Briefly explain your business idea and how you arrived at it.

The concept of IoT (Internet of Things) are implemented everywhere. Devices are getting interconnected to be capable of more things. If we combine the big screen of the smart TV with the convenience of the smart phone, it would be promisingly popular.

2. If you are still considering what business to plan to enter review the options outlined in this chapter in particular:

1. Can you identify a market gap that you could meet?

There’s no smartphone synchronized smart TV in the market. Our TV will fill the gap.

2. Is there a new twist that you could put onto an old business idea?

That would be the idea of getting smartphone work with a smart TV and other smart features.

3. Do you have an idea for an innovation or novel product?

Yes. We make the TV work perfectly with the smartphone.

4. Is there a franchise or network marketing proposition that you could plan for?

Yes. We’ll specify it in our business model.

5. Have you explored the possibility of buying out a business?

We are new entrants with unique differentiation. This industry has got history. We are not planning to buy out a business.

as a domain name is available. UniTV is available, there is an overlap with youtube channel name. We can try to boost our searches with increasing online advertising with Google search.

4. Review social media activity in your market and see which channels – _Instagram, Pinterest, Twitter, Facebook, LinkedIn etc are most used by current players.

· Since our product will be available for general audience and tech savvy segments we need to utilize all main social media channels: Instagram, Twitter, Facebook, Linkedin, Tiktok, Youtube.

· We need to utilize and understand growing market of Tiktok. Marketing strategies are very versatile at Tiktok.

· Influencer marketing is necessary. Consumers these days trust social media personas before purchasing an item. We need to collaborate with important influencers within the sector. It should contain life style influences as well as comparison channels of Youtube (review channels watched frequently before making TV purchase).

· Digital media is used frequently by the competitors, especially during launch of a new product. Samsung uses social media trend analysis frequently by also creating their own algorithms (Businesswire, 2019).

6. Start using Google Analytics to track and analyse your website traffic.

· N/A

Amalia, N. (n.d.). Marketing Tactics For Winning The Electronic Industry in 2022. Tada.

Business Development Canada. (2021). When does a new business need a licence, permit or registration?

Businesswire. (June 27, 2019). Global Smart TV Market 2019-2023 | Growing Influence of Digital Media on Smart TV Advertising and Marketing to Boost Growth | Technavio. Retrieved from

Gellerman, E. (2022). The 7 best financial ratios for a small business | FreshBooks blog. FreshBooks Blog – Resources & Advice for Small Business Owners.

Hawkins, N. (February 2, 2018). 5 Reasons Customer Experience Matters In The World Of Electronics. Small Business Bonfire. Retrieved from

ICS. (November 8, 2021). The top 10 ways to market your ISO certification. Retrieved from

Kravchyk, K. V., Okur, F., & Kovalenko, M. V. (2021). Break-even analysis of all-solid-state

Batteries with Li-garnet solid electrolytes. ACS Energy Letters, 6(6), 2202-2207.

Liraz, M. (2019). Guide to small business insurance coverage – A step-by-step guide to managing risk in your business. Independently Published.

MarketWatch. (November 1, 2021). North America Smart TV Market 2021-2026: Size, Share, Trends, Growth, Outlook, Price, Key Players, Industry Analysis, and Research Report. MarketWatch.

McCaffery, E. J. (2012). Income tax law: Exploring the capital-labor divide. Oxford University Press.

Multichannel. (September 28, 2020). Samsung Maintains U.S. Smart Tv Market-Share Lead. Multichannel.com.

Munson, B. (December 23, 2020). The Average U.S. consumer’s TV Keeps Getting Bigger. Fierce Video.

Office of the privacy commissioner of Canada. (2022). Summary of privacy laws in Canada.

Omer, S. K. (2019). SWOT analysis implementation's significance on strategy planning Samsung mobile company as an example. Journal of Process Management. New Technologies, 7(1), 56-62.

PR Newswire. (2021). Smart TV Market size worth $ 970.22 Billion, Globally, by 2028 at 17.01% CAGR: Verified Market Research®. Retrieved from

Retail Dive. (May 14, 2020). "Where's my package?" Why answering this question is the key to building customer trust. Retrieved from

Roche, D. (2021, June 23). Incentive Plans: Individual Incentives vs. Team-Based Incentives. Decusoft.

Statista. (July 13, 2021). Number of TV households in the United States from season 2000-2001 to season 2020-2021.

Statista. (Jan 18, 2022). Market value of the TV set market in Mexico in 2017 and 2018.

Research and markets releases report: Smart TV market. (2021). Manufacturing Close-Up,

Frankel, D. (2020). samsung maintains u.s. smart tv market-share lead. Multichannel News, 41(17), 27.

http://bi.gale.com.centennial.idm.oclc.org/global/article/GALE|A637860124?u=ko_acd_cec

Shin, J., Park, Y., & Lee, D. (2015). Google TV or apple TV?-the reasons for smart TV failure and a user-centered strategy for the success of smart TV. Sustainability, 7(12), 15955-15966. http://dx.doi.org/10.3390/su71215797

Xu, Y., & Koivumäki, T. (2019). Digital business model effectuation: An agile approach. Computers in Human Behavior, 95, 307-314.

 

You can place an order similar to this with us. You are assured of an authentic custom paper delivered within the given deadline besides our 24/7 customer support all through.

 

[order_calculator]