Best Ideas 2021 features all the nominated entries submitted under ‘Submit your Idea’ category. All the entries consist of innovative solutions or propositions for an enterprise that champions the Sustainable Development Goals. They can be on the conceptual, planning, or start-up stage.
Published on June 1, 2021 um 10:36
Explain your idea in details:
I will be implementing and making a program that is available through phones as well as PCs for people to use to automate this process in where they can just copy and paste in the websites URL and with the technology currently available to us such as web scrapping where it can find specified pieces of code on a website the program can access the link and find information and data of the product such as what is its current price, who are the sellers of the product, where are they selling from to know if there is a shipping fee, and lastly for how long will this item be shipped if bought now which it will then upload to the sites database where you can easily see and track it as well as download it into a spreadsheet. This process will continuously repeat itself until this listing on the site will be deleted by the user or either the tracked product will be unavailable or is out of stock.
Expected impact of your idea on sustainable development
The research I have conducted to properly know who is my targeted market for this product starts with the retail industry here in the Philippines, it was valued according to (Globaldata, 2017), to be at 6,361.8 billion in 2016 and is estimated to reach 9,436.6 billion at a CAGR (compound annual growth rate) of 8.2% during 2016-2021. With this information at hand, those would use my product and the people who I would likely market it to will be people already having a bit of capital by owning a small retail business that is using a drop shipping model and wants to increase the productivity and efficiency of their business by spending less time on manually update the prices of a multitude of products.
Plans for implementation and sustainability
Key Partners By finding individuals who have the capital to have a bigger retail business but dont have the technology to do it as well as e-commerce sites to partner with to use our program to gather information from. Key Activities Improving on ways the program can gather data to have a higher list of marketplaces the user can input their links as well as correctly advertising the product to more potential clients. Key Resources Gathering talented personnel that can do the needed tasks that they are assigned to such as r&d and maintenance to name a few. Using the most needed equipment can also help efficiency and productivity in the workspace. Cost Structure This shows how we divide our monthly income. Revenue Streams This program will rely on a subscription-based model that will lock features from those who use the free trial run such as having a limited amount of items to check on. Value Proposition We can provide a good starting opportunity for those who want to run a dropshipping retail business since it can automate most processes in a drop of a link in an easy to see and read format. Customer Relationship Most customers will use or program for its automation purposes. Channels We can introduce advertisements digitally and physically for the info to spread and having a good mobile application and website for the users to go if they are curious. Customer Segments Our target market is for business-minded individuals such as those who already have a retail business and want to make it more efficient or those just starting and want to have a grip on things without having too much of a burden.
I am a 20-year-old male living in the Philippines, I am in my 3rd year of college in USePmajoring in Business Technology Management.
Stage of Idea
A front facing photo of myself