Business Proposal Essay Example | Topics and Well Written Essays - 1000 words - 1

Business Proposal - Essay ExampleOperating as an acquirer, PayPal processes payment for commercial users at a fee before transferring the money to the other party whom it nurture charges yet another fee. The receiver of the money gets it in a preferred currency including respective topical anesthetic currencies after converting at the prevailing market rates as determined by the foreign stand in rates.This report introduces the service into the market. In doing this, the report analyses the potential market and the probability for profitability. The product demonstration is the canonical marketing procedures that involve market determination. This requires in effect(p) consideration of the opportunities and threats presented by the market and the strengths and weaknesses of the product that the marketer mustiness consider before positioning the product.The market that the service target is an oligopoly implying that it has various firms offering similar function the new produ ct will therefore face intense competition from the existing companies. However, the various companies turn out a marginal control of the market thereby creating room enough for the growth of the new player. With effective marketing, the new service will possibly claim a share of the market and even have a monopoly. This will rely on the marketing features employed by the marketers both at introduction and in subsequent marketing operations.E-commerce is real time and it required a competitive payment musical arrangement that would match the minutes carried out. In essence, the payment systems needed to be instant. This is a feature, which was yet to be realized. PayPal frankincense positions itself as the only intermediary capable of processing and availing the money to the appropriate parties within the time that transactions are made. The demand for online payment solutions has increased with the advent of electronic commerce. Most companies currently have websites and promo te electronic transfer of goods and