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Question.5876 - Think of a business you would like to start. What business (either goods or services) would be of potential interest to you, and who do you deem would be your customers and competitors? How would you meet and satisfy your customer expectations and sustain competition? Refer to Chapters 4 and 5 of the textbook.

Answer Below:

Week xxxxxxxxxxxxxxxxxx Public xxxxxxxxxx SystemBUSN xxxxxxxxxx of x CommerceWeek xxxxxxxxxxxxxxxxxxxxxxxxx need xxx digital xxxxxxxx solutions xx only xxxxxxxxxx in x world xxxx is xxxxxxxx more xxxxxxxxxx and xxxxx stress xxxx diet xxx sedentary xxxxxxxxxx are xxxxxx problems xxxxxxxxxxxx a xxxxxxx Wellness xxxxxxxx business xxxxxx a xxxxxxx chance xx provide xxxxxxxxxxxxxx comprehensive xxxxxx services xxx a xxxxxxx platform xxxxxxxxxx with xxx growing xxxxxx of xxxxxxxxxxxxxxxx consumers xxx easier xxxxxx to xxxxxx technology xxx company xxxxx serve xxxxxxxxxx professionals xxxxxxx the xxxx of xxx who xxxx to xxxxxxx their xxxxxxxx and xxxxxx well-being xxx lack xxx time xx participate xx traditional xxxxxxxx programs xxxxx users xxx used xx the xxxxxxxxxxx of xxxxxxx devices xxx usually xxxx moderate xx high xxxxxx of xxxxxxxxxx income xxxxxxxxxx apps xxxx Noom xxxxxxxxx and xxxxxxxxxxxx are xxxxxxxxx rivals xxxx one xxxxxxxx a xxxxxxxx component xx the xxxxxxxx puzzle xxxxxxxxxx Customer xxxxx Through xxxxxxx StrategyMcKeown xxx Durkin xxxxx a xxxxxx emphasis xx the xxxxxxxxx for xxxxxxx businesses xx concentrate xx providing xxxxxxxx outcomes xxxxxx than xxxx marketing xxxxx or xxxxxxxx at xxx center xx Chapter xxxxxxx wellness xxxxxxxx helps xxxxx achieve xxxxxxxxxx objectives xxxx as xxxxxx loss xxxxxxxx sleep xxxxxxx stress xxx increased xxxxxx The xxxxxxxx would xxx real-time xxxx from xxxxxxxx devices xxxxxxxxxx intelligence xxx certified xxxxx coaches xx provide xxxxxx customized xxxxxxxxxxxxxxx in xxxxx to xxxxxxxxxx these xxxxx Through xxx digital xxxxxxxxx users xxxxx be xxxx to xxxxxxx personalized xxxxxxx regimens xxxx plans xxxxxxxxxx instructions xxx sleep-improvement xxxxxxxxxx based xx their xxxxxxxxx and xxxxx Providing xxxxxxxxxxx that xxx timely xxxxxxxx and xxxxxxxx would xxxxxxx customer xxxxxxxxxxxx Adaptive xxxxxxxx algorithms xxxxxx the xxx would xxxxxx user xxxxx in xxxxxxxx to xxxxxxxx daily xxxxxxxx and xxxxxxxxxxx According xx research xxxxxxx that xxxxxxx personalization xxxxxx user xxxxxxxxxx and xxxxxxxxx this xxxxxxxxxxx strategy xx in xxxx with xxxxxxxxxxxx consumer xxxxxxxxxxxx for xxxxxxxxxxxxxxx Kumar xx al xxxxxxxxxxx omnichannel xxxxxx via xxxxxxxx technology xxxxxxx computers xxx smartphones xxxxx guarantee xxxx users xxx engage xxxx their xxxxxxxx plans xx any xxxx and xxxx any xxxxxxxx promoting xxxxxx and xxxxxxxx interaction xxxxxxxx expectations xxxxx be xxxxxxx met xx creating x helpful xxxxxxxxx on xxx platform xx order xx foster xxxxxxxxx ties xxx accountability xxxxx would xx able xx communicate xxxx peers xxxx part xx wellness xxxxxxxxxx and xxxxx their xxxxxxxx Digital xxxxxxxxxxx have xxxx shown xx increase xxxx loyalty xxx perceived xxxxx Nguyen xx al xxxxx social xxxxxxxx would xx important xxxx to xxx these xxxx apart xxxx more xxxxxx self-guided xxxx Navigating xxxxxxx Competition xxx Sustaining xxxxxxxxxxxx textbook's xxxxxxx discusses xxx intricate xxx limitless xxxxxx of xxxxxxx competition xxxxxxx competitors xxx come xxxx completely xxxxxxxxx industries xxxxx blurs xxx lines xxx makes xxxxxxxxxxxxxxx more xxxxxx than xx traditional xxxxxxx McKeown xxxxxx For xxxxxxxx although x fitness xxxxxxx and x meditation xxx may xxxxxx to xx different xxxx can xxxx develop xxxx more xxxxxxxxxxxxx wellness xxxxxxxxx and xxx up xxxxxxxxx directly xxx proposed xxxxxxxx business xxxxx function xx a xxxxxxxxxxxxxxxx platform xxxxxx than x single-service xxxxxxx in xxxxx to xxxx competitive xxxxxxxx an xxxx ecosystem xxxxxx the xxxxxxxx is xxx strategy xx maintain x competitive xxxx This xxxxx enable xxxxx to xxxxxx content xxx services xxxx outside xxxxxxxx experts xxxx as xxxxxxxxxxxxx yoga xxxxxxxxxxx and xxxxxxxxxxxxx This xxxxxxxx model xx similar xx that xx prosperous xxxxxx companies xxxx Strava xxx Apple xxxxx value xx added xx outside xxxxxxxxxxxx Tiwana xxxxx find xxx platform xxxx appealing xxx more xxxxxxx and xxxxxxx it xxxxxx which xxxxxxxxxxx the xxxxxxx effect xxx boosts xxxx retention xxx business xxxxx would xxxx place x strong xxxxxxxx on xxxxxxxxxxxxxx and xxxxxxx to xxxx data xxxxxxx continuous xxxxxxxxxx trend xxxxxxxx and xxxxxxxx collection xxx platform xxx quickly xxxxxxx and xxx new xxxxxxxx or xxxxxx existing xxxxxxxx Businesses xx the xxxxxxx economy xxxx constantly xxxxx or xxxx becoming xxxxxxxx according xx McKeown xxx Durkin xxxxxxxx satisfaction xxx brand xxxxxxxxxx are xxxxxxxxxx through xxxx iterative xxxxxxxxxxxxxxx process xxxxxxxxxxxx gamification xxxxxxxx like xxxxxxxxxxxx progress xxxxxxxx badges xxx wellness xxxxxxxxxx would xxxxxxx engagement xx has xxxx demonstrated xxxx these xxxxxxxxxxxxxxx greatly xxxxx digital xxxxxxxxxx in xxxxxx applications xx appealing xx intrinsic xxxxxxxxxx Deterding xx al xxxxxxxxx to xxxxxxx analysis xx digital xxxxxxxx models xxxxxxxxxxxx a xxxxxxxx model xxxxxxxxx basic xxxxxxxx for xxxx while xxxxxxxx for xxxxxxx access xxxxx reduce xxxxx barriers xxx establish x scalable xxxxxxx generation xxxx ConclusionIn x world xxxx is xxxxxxxxxxxx connected xxx health-conscious xxx suggested xxxxxxx wellness xxxxxxxx business xx well-positioned xx prosper xxx platform xxxxxxxxx contemporary xxxxxxxx expectations xx stated xx McKeown xxx Durkin xx providing xxxxxxxxxxx customer xxxxxxxx through xxxxxxxxxxxxxxx data-driven xxxxxxxx and xxxxxxxxx engagement xxxxxxxx platform xxxxxxxxxx utilizing xxxxxxx effects xxx remaining xxxxxxxx are xxxxxxxxx to xxxxxxxx an xxxxxxxxx in x competitive xxxxxxx environment xxxxx innovation xx continuous xxx customer xxxxxxx is xxxxx This xxxxxxx has xxx ability xx lead xxx digital xxxxxxxx market xx addition xx competing xxxx it xxxxxx to xxx all-encompassing xxxxxxxx and xxxxxxxxx alignment xxxx digital xxxxxxxxxx ReferencesDeterding x Dixon x Khaled x Nacke x September xxxx game xxxxxx elements xx gamefulness xxxxxxxx gamification xx Proceedings xx the xx International xxxxxxxx MindTrek xxxxxxxxxx pp x ACM xxxxx V xxxxx A xxxxxxx R x Dass x Digital xxxxxxxx strategies xxx enhancing xxxxxxxx engagement xxx experience xxxxxxx of xxxxxxxx Research x https xxx org x jbusres xxxxxxx N xxxxxx M xxx seven xxxxxxxxxx of xxxxxxx business xxxxxxxx Business xxxxxx Press xxxxxx B xxxxxx L xxxxxxx A x The xxxx side xx digital xxxxxxxxxxxxxxx Exploring xxx role xx psychological xxxxxxxxx and xxxx privacy xxxxxxxx Journal xx Marketing xxxxx D x Business xxxxxx business xxxxxxxx and xxxxxxxxxx Long xxxxx Planning xxxxx doi xxx j xxx Tiwana x Platform xxxxxxxxxx Aligning xxxxxxxxxxxx governance xxx strategy xxxxxx Kaufmann

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