1). You: My main interests
involve the outdoors and accomplishing my goals. Some of my talents are that I like to wakeboard,
wakeskate, and snowboard. Some of my skills include listening and communication
as well as hard work. With this business it would be my main focus and with
everything that I do I always strive to have the best possible outcome.
2) What are you offering to
customers? With this product you will be able to try out whatever wakeboard setup of
your choice. Also, with this we would have special contracts with companies to
allow for demo of brand new and expected material. This will give people a
chance to ride a setup before they have to purchase it.
3) Who are you offering it to? All
of my customers like watersports and are involved on the water. The main focus
group are people that are constantly riding or looking to ride more and learning
more. These people will focus on getting new material and trying to make a good
purchase.
4) Why do they care? The
reason why they would care is because of the price of a wakeboard setup.
Because they are so expensive many people could make the wrong purchase and not
know it until
they ride behind the boat.
5) What are your core
competencies? The thing that sets me apart from everyone else is that you actually get
to try the board out before you buy it. Also, I would have signed contracts
with major board companies that would allow me to newer materials. This would
set me apart from other companies because of the new materials.
With all of the information I feel like majority of the information does
fit together but there are still some things that I wouldn’t be too sure of. I
have found more ways to set me apart from other companies, but I would also
face new challenges with customers or potential problems. There would be some
weak with the plan due to potential customers riding the products. But, then
there would be a policy set in place beforehand telling them the information.
Feedback Memo- The two things that I took away were that it was good to still
have some questions and what would be a way that would really set me apart from
other stores. So, I incorporated into the napkin special contracts with major
companies as well as finding the solutions to some basic questions. But there
still was the concept of keeping a little uncertainty for the future incidents.
Hey Will. It think that what your company would provide is definitely a unique service, that would be very beneficial to anyone who is invested into wakeboarding. It is true thought, that your biggest challenge in such a service company is acquiring customers through marketing, and potential problems occurring during the testing of the product specifically concerning insurance of the products and insurance of the customers satisfaction. Of course a lot can be handled by a well written contract. Also getting special contracts with manufacturers could be difficult, but your company could also work alongside preexisting sport equipment retailers to bypass the problems with owning inventory etc.
ReplyDeleteHey Will,
ReplyDeleteI think that the feedback that you chose to work on for this post really helped with your idea napkin. The idea of leaving some uncertainty for future incidents is a great idea that way you can adapt later. I did not consciously decide this with my plan but find that I am planning on having to adapt quite regularly. One piece of feedback that I chose to apply this week was to make my responses more concise in order to quickly and efficiently convey my product to others, but I think you already have that nailed.
Thanks, Zach L.
Will,
ReplyDeleteI also found that in my post, one of the things i have to do is find ways to set me apart from other companies that have had similar ideas to mine. I think your idea is great and you are on the right path to making it happen. I think you recognize the things that will be challenges.