A Chinese media company creating a new business model
Starting issue
- A Chinese media company wishes to build a new magazine and requests support for evaluating a new business model in China. It wishes to build and test the concept in the market place, prior to rolling-out an aggressive business plan.
Methodology
- Definition of new products and services vs. those of competition
- Evaluation of market size and target segments
- Evaluation of key success factors
- Pilot test business and financial planning
- Determination of key success factors
Advice and results
- Pilot building, monitoring and fine-tuning
- Business-plan roll-out building