Since I did not receive comments/feedback in my last post, basically my ideas are staying the same with:
You:
I am a motivated and hard-working individual, who likes to have challenges and take risks as a part of my life. If I were to start my business, I would aspire to get it growing as early as I can, and it would become a fundamental part of my everyday life. I would be happy to work for that challenge.
What are you offering to customers?
I will be offering a system of cameras that track open parking spaces, and a mobile application that tells the public where they are, and whose turn is it to get that spot.
Who are you offering it to?
I would be focusing on people older than 16, who drive and have a car, live in cities or commute to places with limited parking, and have smartphones and the willingness to use mobile applications. About their psychographics, they should be at least a little bit impatient, it can help if they are usually late to places, or they just do not have a lot of time to waste on finding parking.
Why do they care?
People and businesses would like to pay money to me because alleviating parking struggles would boost their quality of service, and ultimately, customer satisfaction. A place with more customer satisfaction is a place where most people want to go, and therefore, there is more potential revenue for those businesses.
What are your core competencies?
My main competency is the fact that my idea has not been developed by any other company so far. Therefore, I would be the very first person to venture in this type of business, so that at least for the first couple of years, I would have a freeway to develop my company and get as many clients as a possibly can.
I believe these elements fit together, and if applied properly, they could potentially become a part of a successful business plan. I also think that although my product would need to be polished before it was finished, my personal characteristics and what I am offering to customers could be successful.
There was no feedback which is why I cannot take away points on that on this occasion.
Hey Richard! It's unfortunate that you did not receive feedback on your previous idea napkin. However, I like that you mention that if your service were to be offered to business it would boost customer satisfaction. I wouldn't have ever thought of that! It's so true, some people will leave an establishment before waiting around for parking, Good job!
ReplyDeleteHey Richard,
ReplyDeleteI hope I can give you some feedback this time around since you did not get any last time. I think this idea is solid but would require a lot of time to get going but I am sure you can get it done. I think this idea would be perfect for college campuses and I know I would personally use this app. Keep up the great work!