Online Business Creation In Application of Restaurant Reviews and Reservation

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Freshman (College 1st year) ・Business ・APA

Effective online businesses start with the awareness of consumer value and the knowledge of the target market in the application of restaurant reserves and reviews. In order to do so, we will consider the current marketplace through the conduct of a comprehensive range of goods and consumer needs. Concentrate on consumer benefits and value for business is key to the business success of the online company. Engaging the customers in the business through gathering information using the social media and efficient customer services will enable the business to flourish as this will create a positive customer experience (Belew & Elad, 2017). Customer experience has to encompass easy navigation of the online application website, offering discounted prices and faster loading time. The business will also provide products and catalog to the restaurant customers and precisely define the cost of each product and service. Furthermore, the payment process has to be easy, fast and accommodate a broad range of payment options. More significantly, the online business will seek to have an effective functioning and aim at accomplishing brand loyalty to attract customers.

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Barriers to Entry

Personal branding and differentiation are one of the key factors that will help in driving way potential competitors in the business of online restaurant application. Striving for offering highest value will help in better performance and thus create a strong barrier. Adding expertise to the business will assist in delivering the services with utmost desirable skill and thus take advantage of the entire market and keep off the competitors (Belew & Elad, 2017). The business will also employ the strategy of reaching out to the customers and keep open lines for communication which will help in creating a positive public reputation. Creating high barriers to entry such as branding the business so that it becomes hard to replicate, implementation of appropriate strategic goals and enhancing the customer serviced will keep the competitors at bay.

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Reference

Belew, S., & Elad, J. (2017). Starting an Online Business. (1st ed.). Somerset: John Wiley & Sons, Incorporated.

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