PROJECT PLAN - Case Study - Giverly
First, you need to write the introduction to give the idea that what you are going to write in the project.
Introduction
The "consumer behaviour analysis" for Giverly is the basis for the
project. It is to assess the data and context provided by the client. In terms
of business operations, the project places a strong emphasis on context
analysis, both internal and external. Similar to this, Giverly's current
information system and the necessary technology-based strategy are included in
the project in order to succeed in both domestic and international markets. As
a result, the project has a Gantt chart for the timeline and detailed roles for
each team member. Studies can be done to determine the current state of the art
with respect to a particular topic.
Client & Context - Overview
Clients depend on the company's ability to sell them goods or brands from
various companies. Additionally, different products are sold to different
customers and consumers. To capture the market, there are 500 different brand
partners from every sector, though. However, it is crucial to understand
customer behaviour in order to fulfil their actual needs or desires. As a
result, the current business model is based on selling various products or
brands to various customers.
Internal and External Context (Business operations)
Similar to this, the client is selling various brands to meet the needs and
demands of the customers in the internal context. Businesses are developing
strategies for global expansion in light of the external environment. As a
result, Giverly is the largest commerce company, with tens of thousands of
users, retailers, and companies. It offers customers a wide variety of brands
in its brand portfolio.
Giverly – Business Structure
Giverly is concentrated on providing the platform for various brands or companies to sell the product and make a profit, in contrast to other organisations' business-to-consumer structures (Ritter & Pedersen 2020, p. 5). Business doesn't use a retailer-based strategy to give consumers products or brands. Instead, it offers a platform for other companies to share and sell their brands or products.
Problem, Objective & Deliverables - Problem / client’s needs
The client must have the chance to market or draw in customers more effectively for the various market brands. Although there are numerous brands from various industries available to consumers, it is necessary to have the correct data or consumer information. It is necessary to evaluate consumer behaviour before presenting brands or products (Chen et al., 2018).
Therefore, evaluating or analysing the various consumer behaviours is the client's main point of contention. To accomplish this, it is advised to target consumers' brand preferences among those of various businesses or industries. Understanding the goal of the business and incorporating the Stanford d.school design thinking process are crucial.
Purpose of the project
- to evaluate the consumer's shopping habits while
analysing their behaviour creating value for society in order to make
every brand available to it To guarantee the consumers receive
high-quality products to identify solutions for the requirements and
concerns of users or consumers to offer various businesses/brands the best
channel through which to market their goods to potential customers to
support every company equally in order to give them the best chance to
sell their goods
- Building or developing better future commercial
infrastructure to support business activities to assist brands or
businesses in achieving their main goal, which is to sell products To
increase the organization's effectiveness and efficiency instead of using
a single brand identity, to introduce new business concepts while also
introducing various brands from various industries
Project
worth for the Client
The project will find a solution for the client's understanding of consumer behaviour when using any brand associated with any company or industry. Understanding consumer needs and demands is a key requirement for the client. As a result, the specific project will enable the client to adjust their strategy as necessary.
Existing Information Systems and Technologies
- Giverly's current information system is based on cloud
AI. Giverly deals with 500 brands from various industries to draw
customers to one location. To meet the needs and demands of consumers,
various brands exist. Business needs to expand internationally, so it
needs to have the right information about consumer behaviour (Kumar et
al., 2020, p. 3) The client's current concept is best suited to the market
to serve as a platform for various brands and establish a reputation as
the dominant player in the industry. Based on their observations or
recommendations, consumer behaviour varies depending on the brand. To
further develop its strategy, Giverly needs to analyse the market using
consumer behaviour when purchasing a particular brand of product.
- The company currently uses micro-targeted promotions to
better understand user needs and increase sales. Analysis of consumer
feedback, especially from loyal customers, is necessary for management.
Feedback can be used to better understand consumer needs so that brands
can cater to them (Pedersen et al., 2020, p. 2) The company currently
deals with a variety of brands, so it is built on an online platform to
offer those brands to customers around the world. The opinions of the
consumers may have an impact on the client. If customers are not
satisfied, they may give other customers negative feedback.
Stakeholders and Communications
|
|
Communication Plan |
|
|
Stakeholders |
Engagement/action |
Owner |
Channel |
Frequency |
Investors are interested in both internal and external business growth.
Going global with business expansion and making internal decisions based on
the team's or project manager's analysis are crucial for growth. |
Interest in project |
Project manager, team members and stakeholders |
Personal check-in meeting and email |
Weekly |
Stakeholders will invest to go for the analysis of buying
behaviour of consumers |
Role |
Project manager, team members and stakeholders |
Questionnaire, interviews and personal analysis |
Daily |
Stakeholders are interested in the company's plans and actions,
particularly with regard to its use of technology. |
Technology |
Project manager/team members and stakeholders |
data analytics using a cloud-based AI strategy. Consumer data can be
collected using an AI chip. feedback from customers obtained through online
platforms (such as social media), online surveys, and in-person interviews |
Daily |
Once consumer behaviour has been examined, it will be possible to develop
appropriate strategies in response, which will boost profitability (Sivaraj
et al., 2020, p. 4). Every stakeholder is worried about the company's
policies and practises. They are therefore very interested in making
decisions. The analysis of consumer behaviour is crucial in order to make
informed decisions. |
Level of interest |
Stakeholders / project manager |
Personal check-in meetings with stakeholders |
Weekly |
Roles and Responsibilities
Project manager
The primary duty of the project manager is to ensure that every task is
being completed in accordance with the instructions and the stated plan
(Dwivedi et al., 2021, p. 4). Additionally, in Giverly, he or she will take
care of the team members working on the daily analysis of consumer behaviour.
Both new hires and current employees will be chosen and recruited.
Product Owner
The responsibility of the product owner is to engage in marketing to elicit
feedback from potential customers (Saura et al. 2020, p. 5). It is necessary
for the product owner to pique people's interest through an effective marketing
and advertising campaign. Giving Giverly the incentive to carry the most
popular brand on the market Therefore, the owner of the product should spread
the word about the item that is popular and has received favourable reviews
from customers.
Domain Expert (Collecting information from consumers)
Collecting data or information from consumers for their shopping experiences
is the main area of expertise or interest. Thus, it is simple to design the map
and come up with a strategy for the future's success once the data has been gathered.
Customer Representative
Every day, customer service representatives assess how consumers perceive
and behave (Qiao & Yin 2021, p. 3). Thus, he or she is the one who is aware
of the consumer reaction to or feedback on the specific brand or product.
Giverly will assign a customer representative to examine how customers behave
when purchasing goods from any brand or sector.
Lead Business Analyst
500 brands from various industries make up the basis of business today. To
pursue the business entity's international expansion, it must have the right
strategy, though. Such an idea, which would create a single platform for
various brands from different industries, is required on a global scale. In
order to conduct a comparative analysis of past and present performance,
Giverly will have a lead business analyst in a team.
Works Cited
Chen, C. C.,
Chen, C. W., & Tung, Y. C. (2018). Exploring the consumer behavior of
intention to purchase green products in belt and road countries: An empirical
analysis. Sustainability, 10(3), 854.
Dwivedi, Y.
K., Ismagilova, E., Rana, N. P., & Raman, R. (2021). Social media adoption,
usage and impact in business-to-business (B2B) context: A state-of-the-art
literature review. Information Systems Frontiers, 1-23.
Kumar, B.,
Sharma, A., Vatavwala, S., & Kumar, P. (2020). Digital mediation in
business-to-business marketing: A bibliometric analysis. Industrial
Marketing Management, 85, 126-140.
Pedersen, C.
L., Ritter, T., & Di Benedetto, C. A. (2020). Managing through a crisis:
Managerial implications for business-to-business firms. Industrial
Marketing Management, 88, 314.
Qiao, W.,
& Yin, X. (2021). Understanding the impact on energy transition of consumer
behavior and enterprise decisions through evolutionary game analysis. Sustainable
Production and Consumption, 28, 231-240.
Ritter, T.,
& Pedersen, C. L. (2020). Digitization capability and the digitalization of
business models in business-to-business firms: Past, present, and future. Industrial
Marketing Management, 86, 180-190.
Saura, J. R.,
Reyes-Menendez, A., de Matos, N., Correia, M. B., & Palos-Sanchez, P.
(2020). Consumer behavior in the digital age. Journal of Spatial and
Organizational Dynamics, 8(3), 190-196.
Sivarajah, U.,
Irani, Z., Gupta, S., & Mahroof, K. (2020). Role of big data and social
media analytics for business to business sustainability: A participatory web
context. Industrial Marketing Management, 86, 163-179.
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