Examine what makes your internet solution different than your competitor
Learning Goal: I’m working on a information economics project and need an explanation and answer to help me learn.There are many types of business suited for doing business online. Those types of businesses give customers the convenience of instantly purchasing what they are looking for without having to head out to a store. Another good thing about online businesses is that they require much less risk than investing dollars in a brick-and-mortar store or office. With some basic website and communication skills along with a little maintenance know-how, almost anyone can launch a business online and get it up and running in only days.Online Business IdeaFor this project you are going to write a five (5) page proposal for a new online business.Describe the online business
Discuss the problem your business is trying to solve
Identify your target market and the customer profile
Compare your idea to the competitors
Examine what makes your internet solution different than your competitor
Explain to your potential investors the effectiveness of this online idea.
Submit your Five (5) page proposal in APA format with at least 3 references. Please note that title page and reference page do not count as part of the five (5) page total.Here is a guide to help you jumpstart the project1 Title page (remember the running heading should be abbreviated and all caps) – This proposal does not require an abstract.
3 paragraphs describing the online business
2 paragraphs discussing the problem your business is trying to solve
3 paragraphs identifying your target market and the customer profile
2 paragraphs comparing your idea to the competitors
2 paragraphs examining what makes your online solution different than your competitor
2 paragraphs concluding your presentation convincing your investors the effectiveness of this online idea.
Reference page
Please submit your assignment. Grading Rubric: Maximum 150 PointsGrading CriteriaPoints Deliverable requirements addressed; understanding of material and presenter’s message and intent are clear 60 pointsFollowed assignment guidelines and criteria30 ptsYes/CompleteMostlyNot at allOverall quality30 ptsExcellentSatisfactoryNeeds ImprovementScholarly research that supports the writer’s position is properly acknowledged and cited, and direct quotations do not exceed 10% of the word count of the body of the assignment deliverable 30 pointsTitle page, table of contents, tables, exhibits, appendices or reference page included15 ptsYesPartiallyNot at allContent is original with less than 35% match15 ptsYes36–50%51% or overCritical thinking: Position is well-justified; logical flow; examples 20 pointsPosition is justified with examples10 ptsExcellentSatisfactoryNeeds ImprovementPresentation flows logically10 ptsExcellentSatisfactoryNeeds ImprovementStructure: Includes introduction and conclusion, proper paragraph formatting, and reads as a polished academic paper or professional presentation, as appropriate for the required assignment deliverable10 pointsIncludes introduction and conclusion2.5 ptsExcellentSatisfactoryNeeds ImprovementParagraphs are formatted properly2.5 ptsExcellentSatisfactoryNeeds ImprovementReads as polished academic paper or presentation5 ptsExcellentSatisfactoryNeeds ImprovementMechanical: No spelling, grammatical, or punctuation errors 20 pointsSpelling and grammar are accurate10 ptsYesPartiallyNot at allPunctuation is accurate10 ptsYesPartiallyNot at allAPA: Deliverable is cited properly according to the APA Publication Manual 10 pointsReferences are cited in accordance with APA formatting5 ptsYesPartiallyNot at allReference page is included5 ptsYesPartiallyNot at all
Requirements: 5 pages minimum