Eat2eat.com Case Study

Eat2Eat.com was an extremely innovative idea for an online duty with the potential for more(prenominal) growth in the near future. except there be a few central strategic issues that argon in front long problematic for the friendship. Eat2Eat.com is facing the problem of a stagnant consumer population. Their channel has grown over the last quin geezerhood; heretofore the direct of reinvigorated consumers is beginning to level off. to a fault revenues are low. The company has produced a loss for the first five years of its existence. Another central issue with Eat2Eat.com is the need of internationalisation (Ex 1- frame 2). In todays world global photograph is necessary to keep up with the competition and relate elaborateness and growth. In todays world an internet-based company appeals as the best way to start a product line because of the fast patronage environments and driven people in the business world. The effect of registered users fo r the website has increased mingled with 2000 and 2005. However at a minor less than 12,000 users the user growth has stagnated. This is because the company has particular its trading operations to certain Asian cities (Ex 2 Weaknesses). as well the amount of new restaurants being recruited by the company has started to level off as well.

Due to the direct relationship between restaurants and consumers if the amounts of restaurants arent increase in the website database, the amount of consumers wont increase either. I believe the world is moving in addition fast for this business. The business doesnt have bounteous gold to have enough employees to go forth the ma! ny service that the business needs to provide in order to detonate and profit. All of the strategic issues sack be merged to the single main problem which is the lack of monetary funds. The business is unchangeable is the 12 cities it has established itself in. However that has produced losses for the business. For example in 2005 the company had a heart cost of pass judgmently $534,000 and an approximate total revenue of $478,000...If you necessitate to get a panoptic essay, order it on our website: BestEssayCheap.com

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