Table of Contents Introduction................................................................................................................................3 1. Analysis of Issues for Eco-Fone Smartphones.........................................................................4 1.1 An Overview of the Mobile phone market in the UK........................................................4 1.2 Forecasting the UK Adult Smartphone use......................................................................5 1.3 Smartphones - A potential market for older customers...................................................6 1.4 Feasibility of Expanding business to Kingston using Pros and Cons table.........................7 1.5 Costs of a New Building....................................................................................................7 1.6 Testing the possibilities in net taking in different shops.................................................9 1.7 Customer Satisfaction.....................................................................................................11 1.8 Quality procedures.........................................................................................................13 1.9 Conclusions & Important Findings..................................................................................13 REFERENCES.............................................................................................................................14
Introduction According to given information in Deloitte report, the users of mobile phone and its accessories in United Kingdom is upto 80% in 2018(Deloitte,2017). it is assumptive that in upcoming few years till 2022 the market of smartphone leads to highest and across 90% to 95% . On the other hand, if workforce of UK is acknowledge, then it can well mentioned that UK is dealing ample number of employees as 33.5 million (Human Resources) and from this, approximately 32 million employees are performing their job roles effectively and efficiently on daily basis (Smartphone sales boom,2019). It is analysed that in year 2017, mostly users of smart phones is not using the phones for official business use where as they using unofficial application and websites such as Facebook, Instagram, What's App tools for making social connection. Hence, it is easily said that in future there is highest possible benefits for Eco-Fone.
1. Analysis of Issues for Eco-Fone Smartphones 1.1 An Overview of the Mobile phone market in the UK The UK market ofsmartmobile phone is frequently increasing day by day as the ownership of smartphones is enchaining. Although in year 2018, it is analysed that 87% user purchased and owned their smart phones as it leads to increased by2%.(Slade and et. al., 2015). On the other hand , if it is talk about the users of tablets and laptops also increased by 4%. The 64% user said that, using of the smart phone distract them while working, as out of this 12% of respondents switches to high effective network as soon as its available in market for use. As according to this the Eco-Fone will face both benefits as well as the challenges from the competitive market. Email Making standard calls Calendar Management Viewing Documents 0.00%10.00%20.00%30.00%40.00%50.00% 41.00% 33.00% 3.00% 17.00% 37.00% 32.00% 0.00% 0.00% 2017 2016
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The rational motive for not applicable as well as execution of linear forecast in the situation, as this model only focused on showing and creating the effective relationships between both the dependent and independent variables, which are linear in nature. The other hand, other disadvantage of this model is, it acknowledge and assumes that between them their is straight-line relationship present between them, as this is not correct each and every time. BY considering the facts presented in the report of Deloitte, the concept of probability the researcher conduct the report. Analysis and present that the usages of smartphone is increasing day by day in UK market within the year of 2018-2019. As this could be understood with the help of good example, as the 10% adults of United Kingdom has adopt e-Reader which is one of a crucial and effective electronic tool used the individual user in the regular basis. As It can aforesaid that the, approximately 31% of user lies in the category of 18-75 has owned e- reader. As it is assumed that out of 100 the 31 respondent are using the electronic device with different reasons. 1.2 Forecasting the UK Adult Smartphone use 20122013201420152016201720182019 0 10 20 30 40 50 60 70 80 90 100 7376757976787980 52 62707681858688 16 36 50 6063686768 Smartphone, laptop and tablet penetration among UK adults, 2012-19 Laptop Smart Phone Tablet
By analysing the above mentioned bar graph, it is easily be analysed and said that in present time the users and market of smartphones is increasing day by day effectively as compared to other electronic devices. The above graph has shows that in present time the majority of users are using smartphones as 91% and it will also increase with time to time and also there is a possibility of increasing the market and users of laptops as 68% of users has notices that there is a possibility of increasing the market. If noticed that large tablets is also have the high level of users with 64% compared to other devices. The usages portable game player is very rare as only 8% is used and the use of standard mobiles is low 31% only. Although the virtual headset are utilized by 11 percent only in this week alone ans 16 % in the previous week. 1.3 Smartphones - A potential market for older customers As per Engage with the new generation of seniors, (2019) in the year of 2017, it has been observed that one of the older customer (age is between 54-76)which is using the smart phone with updated application, here it can be seen that smart phone sales are booming among the older customer in effective way (Frone PanaitescuChiulanNicolae, 2018)Specially in United kingdom the smart phone user are mostly can be seen, the age group is 50-79 and along which that company is making such variety designed brand smart phones
which attract the customer to buy the product. Hence it has also been seen that up to 60% of respective is using Facebook and hence it has been figure out more then 81% individuals are adults. As per the Deloitte company it was been assessed that above 50 years of age people are living in richer group and through which there taste and preferences are more updated and new technology tools which are been used by them all. There fore the purchasing power of this group of people is high then adult or young people. Due to new tools and technology which are been launched by the company and come into the market which attracted the minds of the older customer in impressive way. Smart phones which are coming into the market is latest models and features and hence which captured a large number of customers. Some of the unique features which is driving older customer mind regarding to smart phone which are been discussed below :- Control over financial accounts which helped them to invest in different fund of companies through one place from their smartphone. Through which they are able to allocate the things at proper manner. This one of the important benefit that can has been determined by the older customer, even the age group of 50-79 the customer is effectively using smart phone which is been comfortable to make financial transaction. Next factor is that now a days youth is using high technology gadgets and making them to do the work in proper time and without wasting energy, so due to changes around the environment that affect the older generations like grand parents, parents and many more. 1.4 Feasibility of Expanding business to Kingston using Pros and Cons table It has been stated that business growth is high in ever countries through which networking of the different company is strong ( Rimia Lipşa and Râpă 2016).The Eco-Frone is biggest aim to expand the business in wide countries and which can operate the work into different areas for generating more profits. So as a in a competitive world Eco-Frone is play major role for the development of the companies in effective manner. In context to Kingston it market is in Canada which working hard and attain good position. After doing survey it is been stated that there many porns and corns that has come front and which is been described below:
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As per above table it can be determined that the Kingston which is offering various opportunities for the skilled labours and workers from which they can earn good incentive and increase the standard of living more over it aid to the growth economic conditions. Through business expand Kingston which is making high growth in the business industry and earned good profit margins. But the company need to focus on various factors like political, social, cultural and this will develop risk for the company. 1.5 Costs of a New Building In the present cases the organisation that is Eco-Frone is wanted to merge with Kingston and willingly wants to operate the business so the suitable requirements which is need is appropriate premises. The approach which adopt by the Eco-Frone is equal monthly payment method which will help the company in effective way to expand its business growth (Panaitescu, Frone, Chiulan,Casarica Nicolae et. Al 2016)
According to information which is been stated above the premises which is been used is owed by company is gaining maximum benefits. The cost which is been assumed is£400000 andEco-Fonewhichisundertakenloanwhichissame.Theprincipalloanamount £350,000considering till 15 years and here the annual interest rate will be 7%. so company has decided to repay the loan according the same monthly payment amount that time will be 180 months and rate is 0.00583%. Some of the famous commercial mortgage lenders which are in united kingdom are as :- (1)Wells Fargo (2)Prudential Mortgage Capital Co. (3)Met Life Real Estate Investments (4)Red Mortgage Capital LLC
(5)Alliant Capital (6)Centerline Capital Group 1.6 Testing the possibilities in net taking in different shops For identifying Echo- Fone, net daily is is task have been observed of two retail outlet inPutney and Richmond. Both are the competitors and deals in mobile phone accessories. They are the rivals and continuously working to provide better services to their respective customers. ParticularsPutneyRichmond Mean10090 Standard Deviation2040 Sample data set4040 TotalNetDaily Takings 4000 (= 40*100)3600 (= 40*90)
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The survey for 40 respondent have been taken as consideration for the very first store andminimum of 100 pounds is charged and Deviation is around of 20 pounds. From the other side of the table the number of respondent is 90 and sample is size is a taken of 40 people. From the above mentioned table given, net sales of mobile parts can be evaluated. Mean and standers deviation of of these to competitor may differ from each other even if the sample has been take the same(Flores, 2016). The shop which is situated in Richmond tends to have increased variance in its sales due to quality whereas Putney have higher stander of deviation. Putney have higher actual meansas compared to Richmondwhich means the market share and profit is higher than Richmond. Due to high deviation of Putney they score the first position in comparison to Richmond shop. Overall, performance of Putney is higher and they provide best in class product to their customers.
1.7 Customer Satisfaction
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As per the above report, the questionnaire is based on the Eco- fone which have large customer base and and flourishing business venture in mobile industry and have high volumes of sales. Thus the company is able to generate the trust and loyalty of respective customers by providing the quality product to their clients(Tsai, 2019). In recent years the suer of smartphone have grown rapidly and company have immense scope to scale up there business operations. In coming years , the users will increase more due to their usage and low price. So company have to spend their capital in research and development p[process to identify the changing demand of customers and make product accordingly. This will ensure the company to be successful in future and reduce the theft. 1.8 Quality procedures To survive in this competitive world, company have to make product with high quality and after sales services. In the context of Eco-Fone, quality in product is important if the organisation wants to stay in long run. The company have to adopted quality process in which 10,000 bills are are send back to finance departments and average of 3 bills return as the error. Poison method is used in the company to to regulate the distribution of numbers within given time frame(Zhao, 2019). Poison tool is the best option for Eco-fone because it provide statistical distributionand event which definethe constant rate with in the given time period. 1.9 Conclusions & Important Findings From the above mentioned report, it is concluded that the users of smartphones in increasing day day day in the United Kingdom. Also with this the old users age of 50-79 focuses on managing their financial position or status. As the sale of different business organization of mobile phone as well as its accessories is increasing because now a days the smartphones are used by the children. It is being also being summarised that, almost every single factor is directly linking with simple access when it comes to connect with the international panels, obscene wealth and video-visual aids. On the other hand, it can also be said that there were many barriers, which could be considered as challenges that Eco-Fone could face while expanding business within a country like Canada.
REFERENCES Books and Journals Frone, A., Panaitescu, D., Chiulan, I., Nicolae, 2018. Surface treatment of bacterial cellulose in mild, eco-friendly conditions.Coatings.8(6). p.221. Darie Niţă, R. N. and et. al., 2016. Evaluation of some eco friendly plasticizers for PLA films‐‐ processing.Journal of Applied Polymer Science.133(13). Panaitescu, D. M. and et. al., 2016. Structural and morphological characterization of bacterial cellulose nano-reinforcements prepared by mechanical route.Materials & Design. 110.pp.790-801. Tsai, W. F. and et. al., 2019. The human centered cyberinfrastructure for scientific and‐ engineering grid applications.Journal of the Chinese institute of engineers.31(7). pp.1127-1139. Flores, F. S. and et. al., 2016. Rickettsial infection in ticks infesting wild birds from two eco- regions of Argentina.Revista Brasileira de Parasitologia Veterinária.25(3).pp.378- 382. Guillaumon, A. T., Bosnardo, C. A. F. and Meirelles, L. R. D., 2012. Glomus tumor of digital artery of thumb: case report.Jornal Vascular Brasileiro,11(4), pp. 320-323. He, P. and et. al., 2019. Design, synthesis and evaluation of lactoside-derived galectin-3 inhibitors.Journal of Carbohydrate Chemistry.38(3). pp.151-166. Sata, M., 2013. Factors affecting consumer buying behavior of mobile phone devices. Mediterranean Journal of Social Sciences.4(12). p.103. Slade, E. and et. al., 2015. Exploring consumer adoption of proximity mobile payments. Journal of Strategic Marketing.23(3). pp.209-223. Yang, T., 2012. The decision behavior of Facebook users.Journal of Computer Information Systems.52(3). pp.50-59. Online Deloitte.2017. [Online]. Available through: <http://192.168.1.18/projectfiles/internal_chat_attatchment/deloitteglobalmobileconsumers urvey2017_ukcut1552049277.pdf>. Engage with the new generation of seniors.2019.[Online]. Available through: <https://www.mintel.com/blog/consumer-market-news/how-to-engage-with-the-new- generation-of-seniors>. Smartphonesalesboom.2019.[Online].Available through<https://www.bbc.com/news/technology-41319684>. Questionnaire.2019.[Online].AvailableThrough: <https://www.mintel.com/consumer-research>.
Appendices Task 1 Email Making standard calls Calendar Management Viewing Documents 201641.00%33.00%3.00%17.00% 201737.00%32.00%0.00%0.00% TASK 2 20122013201420152016201720182019 Laptop7376757976787980 Smart Phone5262707681858688 Tablet1636506063686768
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