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Smarter Commerce

Published on Nov 18, 2015

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PRESENTATION OUTLINE

SMARTER COMMERCE

Innovation Academy, June 2015

WHAT IS COMMERCE?
The activity of buying and selling, especially on a large scale.

4 PHASES OF COMMERCE

  • BUY
  • SELL
  • MARKET
  • SERVICE
Photo by UJMi

PHASE 1: BUY

  • Where do your materials come from?
  • What are some challenges in getting materials?

PHASE 2: MARKET

  • Advertise to individula or masses?
  • How to advertise?
  • Competition?

PHASE 3: SELL

  • $$$ - How much to sell for?
  • Quantity?
  • Quantity?
  • Packaging/Delivery
Photo by TheeErin

Phase 4: Service

  • What if it breaks?
  • Who will fix it?
  • Where/When?
  • Updating/Maintenance

PHASE 4: SERVICE

  • What if it breaks?
  • Who will fix it?
  • Where/When?
  • Updating/Maintenance

DESIGN CHALLENGE:

  • Create a product that could be used by the people here at Innovation Academy.
Photo by peddhapati

DOES YOUR PRODUCT:

  • Solve a problem?
  • Provide entertainment?
  • Assist with everyday life?
Photo by peddhapati