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The Companys is Paypal: COMPANY'S GROWTH STRATEGY & FINANCIAL GOALS (From Marketing/Finance Classes) Our goal as PayPal is to the be number one financial app
The Companys is Paypal:
COMPANY'S GROWTH STRATEGY & FINANCIAL GOALS (From Marketing/Finance Classes) Our goal as PayPal is to the be number one financial app on the market and assist in global and personal economic growth. In order to get there, we will target small businesses and individuals interested in engaging in the stock and crypto markets. PayPal will offer safe investing strategies to help long-term gain and ensure users are set for their futures. COMPANY'S OPERATIONS & SUPPLY CHAIN SITUATION ANALYSIS (SWOT ANALYSIS FOR THE OPERATIONS & SUPPLY CHAIN) Strengths- PayPal offers a variety of services including worldwide financial services, ease of use, and online payment methods. We offer a buy-now, pay later method, as well as crypto and other investing opportunities. The biggest strength is that we offer to users all over the world who are interested in financial planning and setting themselves up for a brighter future. Weaknesses- Being an online banking platform, the need for internet connection can be a small weakness. Another weakness is fraud and cyber security. Furthermore, the transaction fees can be quite hefty (EX: international transactions include a 5% fee plus an additional fixed cost). Lastly, there is some difficulty with card use, and ensuring that all banks are included. Opportunities 1) Increasing cyber security and ensuring customer safety on the platform Lowering transaction fees to increase customer satisfaction 3) Including all banks and credit card companies furthering our customer demographic Growth to encourage use from small businesses (an acting 3" party to help companies stay on top of bills and even offer a financial planning that companies can offer their employees. This could increase our targeted demographic and potential business options. Threats 1) Competing companies such as venmo, fidelity, cash app, and google pay Cyber-attacks that could put customer information at risk 3) Blackouts that lead to no internet connection in certain parts of the world. Bank cooperation Political issues limiting international growth for the app COMPANY'S OPERATIONS & SUPPLY MISSION https://www.wisegeek.com/what-is-a-mission-statement.htm As PayPal, we will be the number one financial app on the market, offering a safe and easy way to access finances, send and receive money and more. Furthermore, PayPal will work to give customers more options than anywhere else and set them up for future success with a new financial advising section. PayPal will also work to help develop small businesses and ensure that global economic growth for all is a top priorityStep by Step Solution
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