Your main task is to formulate an Information Systems (IS) strategy Essay

Your main task is to formulate an Information Systems (IS) strategy for an organisation of your choice. You then need to compile a concise report detailing your IS strategy - Essay Example It offers consumers great values by guaranteeing business a minimum number of customers, if a certain number of people sign up, then everyone gets the Groupon offer. If that minimum isn’t reached then no one gets the offer. The business process starts with the business owner or the retailer. The business owner will agree to provide his primary products or services at a set discounted price compared to retail value. Then the local daily deal is displayed at Groupon website. Then buyers will pay for the deal. If a certain number of people sign up for the offer, then the deal becomes available to all, if predetermined minimum is not met no one gets the deal that day. Goupon then collects the payment if the deal is valid and splits the revenue with the seller. Because groupon model encourages first time customers to partitioned business by offering services at 50 percent less than retail prices, the business owner will experience low or negative profit margins when they offer discounted products and services. They then have to set a ceiling on the amount of vouchers issued to limit their loses. Goupon gives half the payment to the seller and remains with the other half. This is how Goupon earns its revenue from the sales it acquires daily and the payment to the seller is broken down into instalments over life cycle of a deal loading Groupon with negative working capital. The Groupons mission is to become the operating system for local commerce. The business strategy has been discovering a business model that brings the power of the internet to local commerce .the business model has allowed the company to connect with millions of consumers and hundreds of people. Groupon has a number of contributions by facilitating trade and benefiting its seller and buyers. First by facilitating trade it brings together small sellers and individual