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Research on The Beneficial Use of Technology in Business

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Words: 568 |

Page: 1|

3 min read

Published: Jan 29, 2019

Words: 568|Page: 1|3 min read

Published: Jan 29, 2019

We live in a world where consumers are demanding access to information and service anywhere, anytime, and from any device. For most people, Cell phones will be the devices, which provide them with their first access to the Internet. Time is the most precious commodity and convenience is everything. Access 2000 will allow you to talk, receive emails, news, stock quotes-or surf the web, and at the same time allowing you to use the features of a palm pilot which has word processing capabilities, all while on the move!

Access 2000 Combining features of Cell Phones, Pagers, Palm Pilots and Internet into the palm of your hand. This product will arm you with the latest technology that is required for the 21st century.

Access 2000 Descriptions

Touch Screen/Keyboard/mouse

Caller ID / Call Forwarding / Call Waiting

Competitors such as Ericsson, Nokia and Motorola have not achieved the combination of features provided by Access 2000. Ericsson with their model R380 has comes close by offering a mini browser and phone. There really is no competition, for Access 2000, because no other company has dared to combine all the features of Cell Phones, Pager, Palm Pilots, and the Internet into the palm of your hand.

Free training for all sales representative of Circuit City, Best Buy, Conns, Comp USA, & Office Max

Free samples for all store managers

Financial incentive for the sales associate who sold the most Access 2000 biweekly

Team up with other business to share advertising costs (AOL, Prodigy Etc)

Promote trends or current events, tie Access 2000 to the environment, Olympics, World Series

Create fear of not having the Access 2000 ex: missing out of effective business-boosting tool. If people dont buy Access 2000 now, they will miss something big, left behind in the ever changing tech world, a discount, premium free gift, etc

Demonstrating Access 2000s benefits at all the tech conventions

Creating a buzz at all the tech, TV shows

Promotional offers such as, off with the trade in of your old phone

Banners at business functions, sporting events etc

Offer Store displays & standing cardboard cut-outs

Contacting present cell phone users and compare our service to theirs present one

Mail out post cards with incentives and bonuses for purchasing Access 2000

One outspoken solid representative (Bill Gates, or a sports figure Michael Jordan)

This is a general proposition for Circuit City from Access Inc. Product Access 2000 will be available in stores by November 1st, just in time for Christmas.

Delivery upon order per month

Profit per month - (# of units X price) Cost

ROI ((399-300)/300) = 33%

150 units per month X 30 stores

Total price $37,500.00 per month

Profit per month - $22,498.50

ROI ((399-250)/250) = 59.60%

150 units per month X 30 stores

Profit per month - $29,998.50

ROI ((399-200)/200) = 99.50%

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This discount is given to retail stores and not to the end customers unless the store decides to do so. In order to receive the discount, Circuit City has to sign a contract for the given amount of period. For example, in order to receive the price of $200.00 per unit, Circuit City has to sign a one-year contract.

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This essay was reviewed by
Prof. Linda Burke

Cite this Essay

Research on the Beneficial Use of Technology in Business. (2019, January 28). GradesFixer. Retrieved November 2, 2024, from https://gradesfixer.com/free-essay-examples/research-on-the-beneficial-use-of-technology-in-business/
“Research on the Beneficial Use of Technology in Business.” GradesFixer, 28 Jan. 2019, gradesfixer.com/free-essay-examples/research-on-the-beneficial-use-of-technology-in-business/
Research on the Beneficial Use of Technology in Business. [online]. Available at: <https://gradesfixer.com/free-essay-examples/research-on-the-beneficial-use-of-technology-in-business/> [Accessed 2 Nov. 2024].
Research on the Beneficial Use of Technology in Business [Internet]. GradesFixer. 2019 Jan 28 [cited 2024 Nov 2]. Available from: https://gradesfixer.com/free-essay-examples/research-on-the-beneficial-use-of-technology-in-business/
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