FirstRunners (RunToShop 1) Redesigning runtoshop.fi Finding new business opportunities Turning runtoshop into a profitable web service To gain new customers.

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Presentation transcript:

FirstRunners (RunToShop 1) Redesigning runtoshop.fi Finding new business opportunities Turning runtoshop into a profitable web service To gain new customers Improve the quality of the service Improve our own skills on conducting projects and business

Team roles Project Manager: Santeri Leimu Project Coordinator: Mikko Ahonen Application Developer: Viktori Patalainen Design Specialist: Iván Kubinyi

Analysing the Team Roles Weaknesses: Creating visually appealing design might be challenging Lack of experience in creating a solid business plan Strengths: Experience in creating websites Balanced team

Progress Report SG’s with the customer are being held every second week Progress is being reported and customer gives feedback on new directions As the project progresses reporting turns more intense.

Business Ideas Business idea is to turn a non-profitable web service into a profitable one Research is to be done in order to find out the most suitable business idea

Application Ideas At the moment we are considering options for applications: Possibility to conduct fine searches: according to categories, sorting them by the number of recommendation Layout of the website has to be improved New business model has to implemented on the site Personalized for premium users (monthly payment)

Plan Research (2-8 weeks) Plan Mock-ups (1-2 weeks) Develop (6-12 weeks) Test Finalize (ready in December) Further development?

Questions to the SG Who are the people we want to target with the service? Consumers Where is the income going to be coming from? Advertisement Links generating revenues according to the number of recommendation the product got Personalized recommendation Financial status of the company? How do you see the service at the moment? Who can give technical support from RunToShops side?

SWOT Analysis Strengths Recommendations are constantly needed more by customers to seal their buying decisions Concept that stands out Flexible idea which allows different solutions Weaknesses Hard business concept in theory and practice Challenging new area of business

SWOT Analysis Opportunities Possibility to expand Opportunity to find successful model to turn non- profitable Threats Found business model does not turn out to be popular Model meets customers needs but does not bring any income