Online business platform is not limited of competition and the TaskRabbit has main competitors as being Campus Bellhops, Tumbtack, Zrrly, Zask, Artasker, Tskhero as well as GoGofers among others (Cox 2011). Jst as is the case with many other business ventures, etry into the online task industry within which the company operates is capital intensive, wich forms a critical barrier to entry by other firms. Bsides, hgh level of technological competence is required, wich equally restricts the easy entry into the market. Te business investments heavily on software management and thus would be a challenge to many potential and interested investors without such skills in advanced IT skills.
Bsides there legal framework within the country imposes stringent requirements for compliance with tax code and business license, wich would pose a challenge to unstable investors. Tskrabbit as an online organization relies on the various supplies such as software development tools and online platforms such as domain hosting. Fr instance, te initial RunMyErand was run in the domain RunMyErand. Te business entity therefore relies on software developers and online for development.
Bsides the company relies on social network platforms for advertisement as well as marketing of own products and the brand name. Trough the well established network of suppliers as well as software developers, te company is in a position to meet the ever increasing market demand as well as improve on efficiency in the very dynamic market and industry. Rliability of the suppliers increases the company’s ability to overcome stiff competition being leveled against the company by its competitors. Te company targets different categories of customers from tasks and complex tasks which requires advanced skills and which becomes challenging in identifying potential clients who would aid in realizing the target outcome.
Bsides targeting students in Boston colleges, ‘tay at home mothers’ that were interested in picking and delivering supplies for people in the neighborhood as well as professionals who would be interested in supplementing own earnings through such errands over free time and weekends. Bsides the company has a most active group of customers who are the retirees who like keeping active and the idea keeping in constant contact with other people within the company.
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