Assignment 5: Technopreneurship Business

Handling and managing a business is not simple task to do, it requires hard work, self-confidence and courage to overcome the challenges and obstacle that he/she may face as the business grows. This subject “TECHNOPRENUERSHIP 1” has a lot of learning that we will absorb and train us in order for us to grow as a good technoprenuer. Technopreneur is an entrepreneur who is technology savvy, creative, innovative, dynamic, dares to be different and take the unexplored path, and very passionate about their work. They take challenges and strive to lead their life with greater success. They don't fear to fail. They take failure as a learning experience, a stimulator to look things differently and stride for next challenge. Technoprenuers continuously go through an organic process of continual improvement and always try to redefine the dynamic digital economy.
Technopreneurship is not a product but a process of synthesis in engineering the future of a person, an organization, a nation and the world. In a digital, knowledge based society, strategic directions or decision-making processes will be demanding and complex. This requires tertiary level and professional development programs and training to produce strategic thinkers who will have the skills to succeed in a dynamically changing global environment. Traditional educational programs, however, lack the methodology to transform today's students into creative, innovative, visionary global leaders who understand the importance of technopreneurship.

UPDATE-ON-SALE

Most of us are fun of shopping some good stuff and items in malls and stores. Some are tired of shopping spree wherein lots of money is spent. While during sales, you don’t want to be on crowd at the malls graving to buy you favorite items. What if you’re favorite stuff is too expensive and you’re out of cash. Or may be the price is too expensive and you want to purchase it when the price will be right to your budget. Most of the times, I or majority of us experienced this scenario. We go to the malls and find some good stuff but the price is out of budget.

Given the chance to have my own techno business, I would have a business that would cover and cater the needs of those people who undergone those scenarios.
There's a good chance that one of those purchases is going to be subject of a price cut. A deal is great, but there's no time to comparison shop
after a purchase has been made, which is why my business idea is offering a solution.

Update-On-Sale is a business idea that will use technology as their driving tool to keep in touch with their clients and customers. It is a web base because internet is the primary need in conducting this business idea. The transactions are conducted on the internet and participating leading super markets.

BUILDING UP THE BUSINESS
-the business should have a web site wherein clients and customers can access the offers of the business. It is also needed to gather information of the clients and customers.
-the business will cooperate to the leading supermarkets in order to be updated with the latest information of sales and promos of items.



ADVANTAGES:
cheaper
keeps customers/ members updated on sales of their favorite items
hassle free
Saves Money and Time

Here's how update-on-sale works
THESE TRANSACTIONS ARE FREE DELIVERY

-If you want to buy an item but the price is too expensive, then you have decided to purchase it when the price drops. update-on-sale will cater your need, all you have to do is to sign-up and fill up the informations needed on the Update-on-Sale website and post the information of the stuff that you want to buy when it's price is on sale and we will update you regarding the price cut of the item that you love. the membership of the clients are for free.

- If you want to buy your favorite item but you don't have yet the cash for it and your afraid that sombody will purchase it, then Update-on-Sale will keep it for you. Update-on-Sale will keep it for you for 2 weeks until you have the cash to pay for it.

-allows shoppers to provide their contact information so that they can be notified if their items go on sale
after the post of their items. As an added benefit, since no one wants to drag themselves back into the crowds at the mall during the holiday season if they don't have to, the price is actually credited to Update-On-Sale account.

-Update-on-Sale members will also receive inside access to private sales, sneak peeks at new arrivals.

-the business can gain through cheap payments depending on what and how the business should be delivered.

- the Update-On-Sale will also post items that are on sale and new arrivals that are available to the participating leading company.

-Payments can be transacted on credit cards or in the leading supermarkets.
LIMITATIONS:
- the business is only available on participating leading supermarkets.


TARGET CLIENTS:

The nature of the business targets everyone who want to buy stuff and items to particuipating supermarkets.All of us experienced those scenarious especially during christmas and valentines or any seasons of the year and any special events.