YouFind- Business plan
YouFind
Objectives
To provide clear, organized, and useful location-based information and make it accessible to
the people based on their preferences and to provide a solution for the vendors that will enable
them to give such an experience to their customers.
Mission
We believe technological innovation has the ability to improve lives of people around the world in every
corner of their life. We have the belief that the right information in one’s surroundings should
automatically be organized and presented to them without any effort. Our goal is to make all the
information that both hosts of the places and their guests agree to offer and receive to be available in
every single portable device and provide a gateway for them to interact with each others. Using our
product, we have the confidence that the owners can provide higher quality of the services to their
guests at significantly lower costs and ultimately thus improve the customer satisfaction and
experiences at the place they visit.
Problem
- Consumers
Information at the right time and right place is never available
Searching is tiresome and time consuming
- Vendors
On the lookout for customers
Low rates of return from advertisements
Solution
- Consumers
A directory based structure with contextually
relevant information
Browse and Buy products with a touch of hand!
- Vendors
Single solution to address multiple platforms
Single solution to address multiple platforms
Highly customizable interfaces
Ability to sell items through additional channels.
Figure: Timeline
Product Summary
Our product, YouFind, comprises of two major parts:
- YouFind Consumer Client: The client application runs on mobile devices, uses the integrated
GPS hardware that is shipped with the phones and uses it to provide the most relevant
information to the users at fast speed. The client also uses the User preferences and history to
arrange the listings and improve the experience. In addition, the client acts as the platform to
serve customized shopping outlets for different vendors.
- YouFind Vendor Client: This web based application acts as the main interface for vendors that
use our application architecture to customize and build their shopping outlets. The client allows
vendors to choose amongst various workflows, designs, patterns to create the product listings,
order pipelines and processing platforms etc.
Figure: - Financial assessment of the business plan