Business model - Kinderloop Assignment
Added on 2021-06-17
11 Pages2012 Words75 Views
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Running head: THINK BIGThink BigName of the Student:Name of the University:Author’s Note:
2THINK BIGExecutive summaryIn t his fast paced world, the needs and demands of people have increased. Their lives have alsobecome too complicated. One of the very common features is that the parents are unable to givemuch time to their children as they are usually very busy with their work. So, they have to leavetheir children at the hands of the day care centers or the care givers. They really miss being a partof the lives of their children. So, there is this gap. It is for this reason that companies likeKinderloop are trying to utilize the power of software and technology and bridge this gapbetween the parents and their children. They create beautiful and user friendly app that helps theparents stay connected with the day to day updates about the health, schooling and the well beingof their children.
3THINK BIGTable of ContentsIntroduction......................................................................................................................................3Effective explanation of the customer/market problem that needs solving and/or the reason theinnovation is required......................................................................................................................3Persuasive argument of the benefits to be generated by the idea....................................................4Discussion of the proposed business model....................................................................................6Critical success factors to be managed during execution of the idea..............................................6Evaluation of the feasibility of the idea...........................................................................................7Conclusion.......................................................................................................................................8References........................................................................................................................................9
4THINK BIGIntroductionOne of the major industries that have become almost unavoidable for life in the 21stcentury is the software and the technology industry. People have started vesting their faith in thisparticular industry as they have got many innovative and dynamic results out of the same. One ofthe paths breaking development is seem through the development of the apps in the smartphones. These apps are designed keeping in mind the interest of the users.Effective explanation of the customer/market problem that needs solving and/or the reasonthe innovation is requiredOne of the burning problems of the modern day scenario is that the there is a growingdistance between the children and their parents. This is mainly caused due to the fact that theexpenses are rapidly increasing day by day. In order to bear those expenses the parents have towork and this really keeps them very busy. As a result, if this they do not get much time to spendwith their children and miss many of the beautiful moments that are involved in the lives of theirchildren (Hewitt et al., 2018). Those children are usually left at the day care centers or the handsof the caregivers. The parents always stay in this constant fear that whether the preschools or thedaycare centers will take proper care of their children or not. It is for this reason that Kinderlooptries to extend their helpful services to these parents. They are a simple, user-friendly app thathelps the parents to stay in constant connection with the preschools or the daycare centers oftheir children. This helps them to stay in a constant touch and keep a thorough follow up (Brueraet al., 2015).
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