Asiaone 1-42
Asiaone 1-42
Asiaone 1-42
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PRODUCT DEVELOPMENT INITIATIVES<br />
In the rapidly evolving world of Internet, it is of utmost importance to stay relevant and updated. We<br />
believe our future success depends on our ability to keep abreast of market trends and to enhance<br />
and develop our products and services. We adopt a three prong approach towards product<br />
development:-<br />
(i) Customise New Third Party Technologies<br />
We purchase “off-the-shelf” generic technological solutions which will be customised by our<br />
engineers to suit our needs. We have also utilised and will continue to use third party vendors<br />
and consultants to develop specialised products for which we do not have in-house resources<br />
or are unable to develop and maintain in-house in a cost efficient manner. However, our engineers<br />
do modify and enhance these outsourced products to provide quality assurance to all our<br />
product offerings.<br />
(ii) In-house Product Development<br />
We generally develop our own products and services internally using customised third party<br />
technologies. We plan to expand our registered user base continually by offering diverse online<br />
community products and services developed internally. We will constantly improve and enhance<br />
our existing products and services to keep in tune with market trends.<br />
(iii) Market Intelligence and Research<br />
BUSINESS<br />
We undertake frequent market intelligence and research exercises, both internally and through<br />
third party consultants, to keep ourselves updated with the evolving user tastes and affinities.<br />
Before we launch a product or advance a marketing initiative, we often assess the demands of<br />
consumers by measuring product efficacy and user satisfaction.<br />
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