Apps discussion
Post 1- Response
Trash to Treasure scheme team runs a reutilizing and resale program intending to avert reusable products from going to the landfill through a sequence of contribution sales and drive during the year.
Strength of the app
The app offers various items which are of high standards and good quality. Several economizing supplier in the area provides the same things that lack quality hence the difference. For instance, the clothes might be outdated and not of fashion, unclean electronics, imperfect furniture etc. There is a strong, trusted relationship between the app and the customers where they feel safe in buying our products. The established and competently incorporated IT organization might develop the functioning effectiveness and escalate information of the current market styles. Well organized application is also key to a success
The weakness of the app
Insufficient funds for marketing and promotion activities weaken the firm’s ability to expand the customer base and encourage repeat purchase. The inability to understand the customer’s needs may be a great weakness as it may lead to an unproductive planned decision-making procedure. This may result in the application not being able to recognize the prospective development pursuing zones in product mix.
Opportunities for the app
The app has several growth opportunities, one of them being the development of new technologies to assist the product production and delivery process can be exploited to embed the innovation in business operations. Besides, the growing global interconnectedness allows the application to get into the international market.
Threats of the app
The increasing number of competitors poses a significant threat which affects the application’s ability to expand and sustain the customer base. Also, the deteriorating economic conditions which affect the business performance when they directly influence the customer’s spending patterns and purchasing power.
Post 2- Response
MyPark is an app that accesses a parking booking device which allows customers to elevate their parking by acquiring the space they need and whenever they need it.
Strengths of MyPark app
As mentioned, it is convenient and easy to use the app as it doesn’t have several technical features that can make it difficult for the customer to understand. Customers are allowed to discover, preserve and access the parking spaces efficiently through their smartphones. Besides, the app monetizes and helps enforce first-rate parking spaces. It also determines what pricing a customer wants to use in that a customer decides how much space he/she wants to spend on the parking space, which also depends on the size of the parking space. A comprehensive app, such as the MyPark API app, incorporates flawlessly into other existing parking mobile apps. It works together with other parking services to provide excellent services and ensure customer satisfaction. Also, this app ensures improved parking experience to VIPs and regular customers. The MyPark app also can add promo codes for customers which encourage purchases on their app, the discount associated with the promo code and are associated with an overarching marketing mechanism.
MyPark start-up has some weaknesses, e.g. a lot of competitors and several different apps which makes the profitability of the app minimal. The more the parking space, the higher the number of customers, the greater the competition. In a case where an institution has several available parking spaces, gets pacts with many locations or parking areas, there will be competition. Besides, people may make mistakes and unintentionally put in wrong info, or the information may not be up to date in small areas that lack large user base. Also, the information displayed can be the standard rate. For instance, if there is a significant event in town, the prices are hyped which do not reflect the parking prices.
There are several opportunities for the MyPark parking app to blossom, just like the uber example given. Besides, the digitalization of parking has become rapid; hence the app can expand nationally and globally. The app can be promoted by effecting social media to help create awareness to people on the MyPark app. The growth in population leads to more purchases of cars hence increase in need of parking spaces.
There are several threats to the app; for instance, hackers who steal private info about customers. Besides, new competitors are likely to offer specific services in other cities. Insufficient funds may be a threat to the launching of the app.
Post 3- Response
As clarified, HealthBetter is an app that assists the user track calories by use of simple, easy to use designs.
Strengths of the app
The app is easy to use as it does not contain too much information which may make the user confused and find it challenging to use precisely the non-tech-savvy users. Also, the app is not expensive to acquire or to use as one is only required to download it.
Weaknesses of the app
As there are quite a several similar applications, the app will have a rough time to get the hand of users as there is competition in the market. Absence of a marketing plan can be a weakness as without a marketing plan there maybe be little to no achievement of the HealthBetter app.
Opportunities for the app
Due to the present pandemic, there are competitor vulnerabilities, e.g. the gym which provides room for people to opt for more natural alternatives of keeping fit such as the app. Secondly, there have been changes in population needs which makes people have the desire to stay fit hence allow the app to develop. Also, the advanced technology has created a forum in which people use apps in planning meals to keep fit; therefore, the app stands a chance in prospering.
Threats to the app
One of the most significant threats of the HealthBetter app is competition. There are several and more prominent apps that attract several people hence lowering the chances of the app to thrive. Competitors may have new services to provide to customers concerning their health; therefore, customers opt to buy their services.