Question

Provide a detailed competitive comparative analysis (SWOT) of Bliive (a time sharing app), trying to break into the US market. What are the possible challenges and opportunities?

Answer 1

Talking about the Bliive app first let's understand what exactly the bliive app is, what is the main moto of the app and what is the functionality of the app for the customer getting connected through the bliive app

Bliive is an app which gets people on one platform in other terms we can say that its an app where networking happens and time is considered as money, this helps in networking the guys and providing them with the correct solution required. The modus of randy for Bliive is the number of hours spent gives one credit to the user.

Now talking about SWOT analysis how the app is very much useful and how the company can improve on certain things

1) Strength: Talking about the strength of the app, its a great mode of connecting to a network which is very much helpful and healthy from where the leads can be generated, the major strength of the company is to bring people in contact and get the things done on mutual basis, it might be anything might be an idea or might be an thought or might be spending time as it is spent on social media, this is the major strength as many jobless people through this app can get job, and rest can take it as business opportunity to connect to people and get connected to them

2) Weakness: The weakness of the app is there, talking about the strength everything which has strength also has weakness, the major weakness is the misuse of the app by people who are not interested in anything else rather than harassment, this will become a platform where communities are made for sharing thought and knowledge and people might share the wrong type of knowledge which becomes very much challenging for the people to understand and scale up however they cannot, due the situations and boundaries which are implemented, this major weakness becomes more challengable for the people to accept it and get it implemented

3) Opportunities: The app in the market has many opportunities as they can cover the scenarios where people are less educated and can help them to join the community and get very much educated culture and become the part of that educated culture, the major thing is how more educated people will become and how the app will be a helpful platform for people to get connected. The other major opportunity of the app can be considered, its free of cost as the networking connection is been provided once we enter the seminar, however, in the app the person one joints the app becomes the part of the app and the promotion campaign for the person follows up and the journey of the customer and the client becomes vey much helpful

$) Threats : The major threat for the app by asking questions and lack of knowledge and the people who are coming up and bringing new business into the market, so the market becomes more stringent, the major other threat is selling consumer products, the new entry in the market, the vendor understands the concept and try to bring things and the major challenge is to survive the competition which is still open in the market between our company and the rivalry, hence while working we need to think about the major change in the app, so the crowd gets connected towards the app and try to install the app more and get connected to more and more people for developing good ideas and concept.