My first revenue driver is the convenience of my
product. My product, which is disposable
headphones that are about $1-$3 in price depending on location and demand. These headphones are to be strategically placed
in gym’s and libraries in college campus, which are places people genuinely need
headphones, and often forget them. The next
driver is how cheap my product is.
College kids are very stingy with their money, and much prefer a product
that gets the job done for a low price, compared to a quality long term
product, especially in this scenario when these headphones are just to be used
a substitute when your personal pair has been forgotten.
The next thing I
believe my customers would like to see would be a vending machine with
reasonably priced chargers for various brands of laptops and phones. This would mainly apply to libraries, because
no one pulls up to the gym trying to charge their laptop.
This would enhance my current service by providing more products. People always forget chargers for their
devices when they go to the library, and do not wish to walk all the way back
to their dorm, apartment, house, or whatever they live in to go get their
charger and go all the way back to the library.
This product would also be disposable and very cheap, probably around $5. This would allow people to charge their
device for their study session. Another
alternative to this would be a rental service for chargers that would be
returned. This works for chargers
because chargers aren’t worn on the skin and don’t touch any extremities like
headphones do.
I went on amazon and found an off brand macbook charger for
12 dollars. This would be a little high
for someone to purchase just for forgetting theirs. Chargers could be made less quality and
priced lower for this product, so that it meets the financial requirement for
the situation.
The reviews of this product said that it did not last long
and was not a high quality. But in my
case that’s the goal. The product I am offering is not meant for long term use
it is meant to be cheap so people will feel inclined to buy it and use it once
or twice.
I would make this product less quality so that it would be
cheaper. When you forget a charger, your
whole life can fall apart if your computer dies when your about to turn in an
assignment due in 30 minutes. Paying
just a few bucks for a charger that would charge up your device and have a very short life span is the perfect product
for this scenario because everyone wins.
This would make a good addition to the product I currently have
because they both would help out students for a low cost.
Hi Zack, I think you have a good idea on your hands. More often than not I find myself walk to and from class or at the gym and I have forgotten my headphones. The bad factor is the quality of the product and if it will actually be worth the production if you know what I mean. You want to create something that is useful but also quality enough to keep your customers happy. Keep up the good work and if you're interested in mine, you can view it here: http://emmaleeamay.blogspot.com/2016/03/amazon-whisperer.html
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