Khalid who wants to buy a used
car and has limited budget. After he went to the market and found a big number
of exhibitions & cars. He could not decide the right decision to get the
right car yet.
Based on Khalid journey
What are the challenges and problems Khalid
has faced?
When
Khalid went to the market to buy the used car by the limited budget then Khalid
faced the following problem as well as challenges.
Pools
of cars
Limited
Budget
Pool of Car
Khalid
found the big number of exhibitions, when he enters into the market to buy the
used cars as well as the car so due the large no of pools of cars. It means the
pools of car create the confusion for the Khalid to decide the best car for
buy. Because when he enters into the market, he found the variety in the cars.
There are so many of variety, like the color, size designed, he confused between
so many varieties and he faced that type of problems.
Limited Budget of Khalid to buy a car
Limited
budget is big problem when Khalid went to market to buy the use car because the
limited budget becomes the hindrance in deciding which type of car he chooses. Limited
budget is problem for Khalid, because car is so many varieties, and with
limited budget Khalid cannot buy his favorite car.
What is the proposed solution that
addresses the problem or problems of Khalid?
To
address the Khalid problem, the proposed solution is that Khalid should either to
check his requirements of the car which keep the same in his limited budget.
Means he can change his mind to select the old model car, maybe it is easily buying
in his limited budget.
When
you enter into the market and you have the limited budget to buy the car, then
you should comprise on the various specification, like the model, Color, and the
design of the cars. And to solve this problem, Khalid also tries the new cars.
What are the benefits & the
competitive advantages of the proposed solution you offer Khalid?
According
to the proposed solution the competitive advantages for the Khalid is that;
Competition of new car
Because
when Khalid enters into the market, to buy the used cars, then the competition
of the new cars is also available against the used cars with the specification
that Khalid wants. Competitive advantages of new cars distinguish the company
form its competitors, whereas it is also contributes the higher prices, along
with the brand loyalty. This is biggest competitive advantages for the Khalid
when he enters into the market, to bus the used cars according to his proposed solution.
What is the business model for the
solution? What is the expected income?
There
is no business model established out of it, because Khalid is not carrying the
any business. And due to this problem there is no question arises of according
to his income. Because if Khalid has no business then there is no income