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Comparison Between 'Shop And' Drop Startup Company

642 Words3 Pages

I choose to invest my $10,000 in the Shop n’ Drop startup company. This will solve the one of the biggest problems college students face. I am confident that this company will succeed because this service will solve one of the major issue affecting college students and individuals without transportation. Shop n’ Drop seems like a combination of UberEats and Amazon Fresh which is a great combination to have in today’s economy because both businesses are booming. Shop n’ Drop will bring consumers anything from groceries to clothing while Uber Eats only provide meals from restaurants. Shop n’ Drop also eliminate the convenience of the time while Amazon take at least a day to delivery their products. Online services are becoming more and more popular because of the convenience it …show more content…

One strength that they fail to mention is the convenience to use the app. This is important because the app needs to be simple and convenient for everyone to use. I do think they’re some additional weakness that the company would face such as the dependability on manpower, and the expensive upkeep of the app. Relying upon manpower means that with limited or no drivers the company could fail before it even starts. Since the company relies greatly on the app it will be significant to keep it up to date and free of any glitches to prevent any loss of profit. Competition, demographic factors, and technology are some of the keep uncontrollable forces that will aide in Shop n’ Drop success. Since the concept of our service is easily adaptable it is important that we create a sense of brand loyalty with our consumer. Based on our target market it is important for us that we place our service in the right demographics. As technology changes Shop n’ Drop will acclimate and make sure that are app is available on the latest technology. I agree with the team’s interpretation of the

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