- Describe the revenue drivers you currently include in your business concept for this class. Revenue drivers are the different ways you make money.
- I could make money through promotions, having students talking about my items and telling their friends about it. I have social media presence through advertisements. I could make money through coupling with businesses that art interested in selling my product through their storefront.
- Describe what kind of product offering you believe should be next. What's the next thing your customers want?
- The things I think my costumers might want next is a similar kind of protection for things like longboards or skateboards. Although, it may not be at the highest importance.
- Describe how this "next" thing will enhance your existing product/service offering. Does it improve the user experience, does it increase customer switching costs, does it foster customer loyalty, etc.?
- This will allow people who own skateboards/longboards to protect their property while they're away from it. The product will offer similar things as Wheel Watch, a lock for their object and a GPS tracking device.
- Go to Amazon and try to find a product that is similar to the one you want to offer next. Describe the product. Include a picture of the product.
Valet My Stick Skateboard Razor RipStik Scooter Cable Lock
- What are the customer reviews for the product? What, exactly, do customers not like about the product? What do they like about it?
- "Exactly what I needed"
- I've been looking for something like this for almost a year now, A lock that I could trust to lock my Longboard up when I'm going to the beach. There's nothing worse for skating then sandy bearings and bushings.
I'd checked board shops, surf shops, Outdoor stores, even hardware stores for anything I could trust to keep my board safe, but the regular bike cables never did the trick.
This little wonder shackles right around one of the trucks, no bulky loose cable to wrangle off around the board.
I was really impressed with the size, its big enough to stand up to abuse and keep whatever your locking up safe, but coils small enough to fit in my back pocket.
Its great for using on campus too, locks the board up anytime I can't take it inside somewhere with me.
The product description wasn't lying about it being multipurpose either, I use it for my skateboard, but it works on snowboard bindings and locking luggage up too.
I'm very happy with the product, definitely gonna tell any of my friends who board about it. - The size is a big factor for why people like this object.
- Describe what design/usability changes you'd make to the product.
- I would add a GPS tracking device, for in case the product was stolen the owner would be able to find it and track it down.
- Describe why you think this product would make a good addition to your current product/service offering.
- I think I'm meeting a market that has unmet needs, while this product is "good enough" I think my product would be great.
Sunday, March 27, 2016
The Amazon Whisperer - Week 11
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Week 11
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Hey Kristiana,
ReplyDeleteI like how you mentioned that you would use social media as a source of awareness of your product especially in the era we live today. I think adding a tracking feature would most definitely give you an advantage in a constant growing market.
Good job!