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TapAndDine

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Industry Rivalry – Very Low<br />

• There are no direct competitors of<br />

<strong>TapAndDine</strong> in the Philippines.<br />

• OpenTable and Table Manager are<br />

the well-known applications and<br />

websites for restaurant reservation<br />

management. However,<br />

both of them are only<br />

applicable in the United States.<br />

• ClickTheCity is the indirect<br />

competitor of <strong>TapAndDine</strong> here in<br />

the Philippines. ClickTheCity is an<br />

online directory and browser varying<br />

from entertainment, travelling, arts<br />

and culture, events, food and drink.<br />

• <strong>TapAndDine</strong> would be the pioneer in<br />

the Philippines as an online<br />

restaurants, bars, cafes and hotels<br />

reservation management application<br />

and website which also serves as a<br />

browser.<br />

• There is also high differentiation<br />

among the competitors by offering<br />

various kinds of features and valueadded<br />

services in the application<br />

and website. <strong>TapAndDine</strong> combines<br />

both Open Table and Click the City’s<br />

best features.<br />

Barriers to Entry – Moderately High<br />

• The cost of capital in setting up a<br />

mobile application and website is<br />

high. It also takes a lot of time and<br />

effort in order for <strong>TapAndDine</strong> to<br />

reach its full completion and<br />

potential successfully.<br />

• <strong>TapAndDine</strong> is a completely creative<br />

concept, which has not been done<br />

in the Philippine industry. Other<br />

entrepreneurs and developers<br />

cannot just simply copy<br />

<strong>TapAndDine</strong>’s full features and<br />

concept, without the consent of the<br />

founders and legal proceedings.<br />

Supplier <br />

Power <br />

(MODERATE) <br />

Barriers to <br />

Entry (MOD. <br />

HIGH) <br />

Industry <br />

Rivalry <br />

(VERY <br />

LOW) <br />

Threat of <br />

Substitute <br />

(LOW) <br />

Porter’s Five<br />

Forces Model<br />

Buyer Power <br />

(WEAK) <br />

Bargaining<br />

Power of<br />

Suppliers<br />

– Moderate<br />

• There are considerable<br />

number of software<br />

providers and<br />

developers who would<br />

provide exceptional service<br />

for the execution of <strong>TapAndDine</strong>.<br />

• Resources in developing <strong>TapAndDine</strong><br />

would also compose of software and<br />

hardware requirements where the IT<br />

industry segment has competitive suppliers.<br />

Bargaining Power of Buyers – Weak<br />

• Since the application and website of<br />

<strong>TapAndDine</strong> is totally free, buyers would not<br />

seek to lower the price of <strong>TapAndDine</strong>.<br />

• With the added-value service of<br />

<strong>TapAndDine</strong> by providing reward points,<br />

promos, discounts and great convenience<br />

through easy browsing and online<br />

reservation service, buyers would prefer<br />

<strong>TapAndDine</strong> over the substitutes.<br />

Threat of Substitutes – Low<br />

• <strong>TapAndDine</strong> can be substituted with the<br />

actual activity of manually reserving a<br />

table via telephone, email and physical<br />

store visit. However, convenience, costs<br />

associated with travelling and time are<br />

greatly sacrificed.<br />

• Switching costs for buyers to substitutes<br />

would be associated with costs and<br />

reduced opportunities for them to<br />

accumulate reward points, discounts and<br />

promos without <strong>TapAndDine</strong>.

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