You have just acquired a small storefront business. You want to expand and have an e-commerce website as well. This assignment is a PowerPoint assignment. Note – you will work on this project most of this semester.
- Select a retail business from the list below. The business must sell products, not services.
– A camping supply store
– A candy business
– A high-end children’s clothing store which only uses natural fibers
– Deli / sandwich shop - Describe the business and the product(s) you plan to sell. Be clear, concise and precise – provide a “60-second elevator pitch” of what you plan to sell. (1 – 3 slides)
Note: you are just planning at this point. Points: 5 - Using Porter’s Five Forces Model – analyze your business (use the Detroit metropolitan area as your local market).
Provide an analysis on all 5 Porter’s forces with respect to your business Points: 15
a. Provide an analysis of each power and what it means relative to your business (Points: 10)
b. Explain how each “power” ranks for this business – high / med / low / etc. (Points: 5) - Using Porter’s 3 generic business strategies, choose a business focus Points: 10
a. Identify where your products /business align (Points: 5)
b. Describe why you would align that way? (Points: 5) - Research CRM Capabilities Points: 10
a. List 3 capabilities / techniques that you will use for your business. (Points: 5)
b. Provide a description and comparison of each and why they would work for your business (Points: 5) - Create a logo. Create a logo for your business. Points: 5
- Grammar, semantics, and PPT presentation techniques count Points: 5
Remember! Your business has a storefront, and wants to expand into e-commerce, which will play heavily in assignment 2 & 3 – so keep that in mind as you are working.
Guide
- a. Title Slide
b. Agenda Slide
c. Background slide(s) – describe the business and provide your 60-second elevator pitch
d. Porters Five Forces slide(s)- read the material in your book and the review the Moodle
lectures. Google provides examples of how to format a Porters Forces model – there is no
right or wrong way but it must be created in a business-like manner.
e. Porters Generic Strategies slide(s) – place your business in the quadrant where it should
reside and identify real-life competing organizations in the other quadrants.
Hint: see chapter two.
f. CRM technologies slide(s) - Keep your PowerPoint business-like and professional.
Use business-like presentation practices. Conduct some research on good PPT techniques before submitting your final product. - 20 slides maximum but fewer are fine as long as they thoroughly address the requirements.
Remember Clear, concise, precise with good grammar - This is a presentation and not an essay
Note: all verbiage on your slides must be your own. Do not copy from any sources unless you cite your source(s) as per the APA lecture in week one.