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Restaurant & Bar Solutions. By: Kenneth & Wann. Strengths Complete solution Advanced features Pricing is cheap Eliminate middleman/vendors Can use existing hardware Worldwide. Weaknesses Only on iOS Hardware is expensive for start-ups Mobile devices battery power
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Restaurant & Bar Solutions By: Kenneth & Wann
Strengths • Complete solution • Advanced features • Pricing is cheap • Eliminate middleman/vendors • Can use existing hardware • Worldwide • Weaknesses • Only on iOS • Hardware is expensive for start-ups • Mobile devices battery power • POS mobile devices are not new • Opportunities • Credit card reader • Small scale version for small eateries • Retail outlet version • Android version with cross-compatibility • Entry into Asia • Threats • Tons of POS software available in Appstore with similar features • Direct competitor: Octopus POS • Platform dependency on iOS SWOT Analysis
Business Report to Business Analytics (w/ Intelligence) • CRM • Inventory Management – auto-ROP • Touchcode-enabled or QR code receipts for easy payment and self checkouts • Paperless receipts Incremental Innovations
Complementary product sales with Apple • Hardware leasing • Revamp the website • Features, simulation or online demo • Food and retail packages • Incorporation with a shelf-management software for retail Other Recommendations
Change from traditional POS to new and innovative ones • Competition is not yet intense • Factors to be considered • Population • Economy • Retail Landscape • Technology Asian Ventures - Singapore
5 million population • Top economy in Asia • Ranked 10th in retail landscape • 5th largest buyers of iPads, per capita • Strategize tailor according to business needs • Unique selling point Singapore Ventures
May - July 2013 • SUMMER INTERNSHIP Internships Interested Applicants: Malcom, Rosalind, Yao Guang Moe Hein, Wann