Bus 475 Business Model And Strategic Plan Part 1

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Business Model and Strategic Plan Part I: Conceptualizing a New Product or Service Division of an Existing Business Dana Haigh BUS/475 January 9, 2015 Juan Salazar Business Model and Strategic Plan Part I Yahoo is an Internet media and search giant. They have two main divisions that everyone knows about. First being the search engine feature, where their customers type in search criteria into the search bar and then Yahoo provides relative information and links to more information. The second is their email and business services. Yahoo also brings daily news and weather to billions around the globe with their homepage features. The Grand Idea Finding a new was no easy task as Yahoo has a very large scope as it is. So…show more content…
What was once thought of as a passing fad has not proven to be lucrative and basically essential. It offers an extremely cheap alternative to traditional advertising for businesses and gives like never before a way for people to get and stay in contact with friends and family around the world. There is no reason why Yahoo cannot offer this and offer it at the best quality of anywhere else. This wouldn’t be an easy or overnight creation. We would need to have the focus on quality and superior customer service. Most of the individuals using this will get it free of charge, however businesses can register and will have tiered options of advertising and payment. One thing when you have social media is not having “blackouts”. This is when servers or power outages can shut down the site. We need to have the foreside to put in safeguard and backup plans in place to prevent or at the very least minimize the damage that can…show more content…
Within the scope of social media I am also proposing a new way to “watch the game” with friends and family from around the world. Via web cams and through our site we can host private rooms where finds and family can invite each other to watch sporting events played on our site. Now no one may sign on to watch one of the 180 baseball games every year, however soccer is a religion in some areas of the world and it’s a safe bet that family will want to watch the World Cup together no matte how far apart they may be. Let Yahoo be that mediator that makes it possible for and 80-year-old grandfather in Brazil watch the World Cup with his 10-year-old grandson in New Jersey. Again, with more subscribers to this service comes more sponsors who will want to advertise, which is money in Yahoo’s

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