Background of the Business

Introduction

         First of all, it is important to know that Bayise Social is an online business, which is completely based on the internet, web, and smartphone technologies. Bayise has launched a mobile & web application, which will work as a social media platform, and this Bayise Mobile & Web came up with:

·         Social Media

·         Tutoring, Writing, and Assignment Helping Platform on separate platform

It is also vital to mention here that Bayise Social Mobile & Web App has been developed for both renowned mobile platforms and the web:

·         Android

·         iOS

·         Web App

It means that both Apple iPhone Users and Google’s Android users can install and use this Bayise Mobile & Web App. In addition to that, users will be able to access this on their PCs, cell phones, tablets, and other devices through Web browsers.

The Bayise Social Mobile & Web App is launched for multiple businesses and services, which have been mentioned above, and each of these businesses will have its work dynamics and processes, which are going to be introduced in coming sections of this detailed document. It is vital for the stakeholders to understand that this particular document will not only come up with details regarding the background of the business, but it will also include comprehensive details on terms and conditions as well as privacy policy for users so that everyone can know that how this Bayise app is developed with secure methods to keep their sensitive data secure and safe from any kind of internal and external vulnerabilities.

So, first of all, here is the brief introduction of each of the service mentioned above/business for Bayise Social Media Mobile & Web App:

1. Social Media

This part of the business will come up with a social media app like Facebook, where people can sign up for their accounts on Bayise Social Media Mobile & Web App, and then they can do various things with this social media platform such as:

·         Users can add friends and accept or reject friend requests as well as they can share any kind of information, which is in line with the community guidelines and they can also create their groups with people of similar interests or friends

·         Regular users can do chatting, posting, and commenting

·         Group chatting and commenting as well as information sharing

·         This social media app will have a feature named as Classroom, where teachers and students can join this classroom and share academic information and knowledge.

·         The app will also provide its users with the facility to live to stream their personal or even professional events

·         The users of this app will also be able to make audio/video calls to each other, and groups can join video conferences

So, these are some of the features of the first part of the company’s business through its social media app. 

2. Advertisements

         This portion is based on an associate or affiliate marketing. In this section, the companies will come up with their ads, and viewers will be able to see those ads, and on every ad, the users will start earning points. Moreover, the company will also get its share from the advertiser, as this platform will allow advertisers to post their ads, and reach target customers and get views, which is their ultimate goal. So, companies and individuals will post ads; users will view these ads, and then the advertisement owners will be charged based on their budget. 

There are three different ways of payment for advertisement. The first one is called Budget Wise. Advertisers put their budget limit and select their target audiences along with the time period their advertisements should stay.  The second one is called payment per click method where the advertisement payment is done on per click bases. In each click of the advertisement, the given card will be charged based on the given budget. The other one is payment per thousand clicks where the money will be charged when the post was clicked one thousand times.